Summary
TLDR: COG, a Web3 gaming platform, secures $1 million in funding from strategic investors like Nazara Technologies and The Hashgraph Association. The investment aims to accelerate COG’s growth, expand its global reach, and onboard millions of gamers by 2026. COG plans to add more games, improve capabilities, establish a presence in multiple regions, and launch its native token by the end of 2024.
Key Points
1. Circle of Games (COG) has secured $1 million in funding from strategic investors, including Nazara Technologies and The Hashgraph Association, to accelerate its growth and expand its global reach in the Web3 gaming market.
2. COG aims to onboard millions of gamers from the casual and hyper-casual communities by 2026, with plans to add more games to its platform, improve capabilities, and establish a presence in the US, Europe, the Middle East, Africa, and Asia.
3. COG’s use of Hedera for its transactions, along with its collaborations with various gaming communities, positions the company to reach a massive audience of over 500 million gamers globally and leverage Web3 gaming innovations.