Web3 game business platform Fengies.io opens pre-seed round financing

It is reported that the Web3 game business platform Fungies.io announced the launch of the pre-seed round of financing, with the goal of completing the round of financing by the end of May 2023. In addition, Fengies.io also announced its participation in the Outlier Ventures, CV Labs, and Tatum Blockchain Accelerator program. Fengies has launched its beta platform, and the team is now focusing on providing easy-to-use Website Builder and Unity/Unreal SDK to build in-game stores and markets synchronized with the website and provide tools for game studios to reduce costs. （EINPresswire）

Interpretation of this information:

The message highlights the announcement made by Fungies.io regarding the launch of its pre-seed round of financing. The goal is to complete the round of financing by the end of May 2023. The company has also announced its participation in three blockchain accelerator programs – Outlier Ventures, CV Labs, and Tatum.

Fungies.io has already launched its beta platform and is now focusing on providing easy-to-use tools for game studios to reduce costs. It aims to achieve this by offering a Website Builder and Unity/Unreal SDK to build in-game stores and markets synchronized with the website.

The launch of this round of financing signifies the company’s efforts to expand and grow its business. With the funds raised, Fungies.io plans to make significant investments in research and development, as well as marketing initiatives. This will enable them to reach a larger audience and further enhance their solutions.

Participating in the three accelerator programs also serves as a testament to Fungies.io’s commitment to innovation and technological advancements. It allows for exposure to experts in the field, opportunities to collaborate with other startups and companies, and access to resources to develop and improve their solutions.

Fungies.io’s focus on providing tools for game studios to reduce costs is a strategic move, considering the increasing demand for video games and the associated costs of developing and distributing them. By offering solutions that streamline the process and reduce costs, Fungies.io can make a compelling case for game studios to leverage their platform.

In conclusion, Fungies.io’s announcement regarding the launch of its pre-seed round of financing and participation in three blockchain accelerator programs highlights its desire to expand and grow its business. The company’s focus on providing solutions to reduce costs for game studios is a strategic move, considering the demand for video games. With the funds raised, Fungies.io can invest in research and development, as well as marketing initiatives, to further enhance its offerings and attract a larger audience.