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Soccerverse Secures $3.1 Million Funding Led by Square-Enix

Soccerverse

On July 11, Soccerverse, the blockchain-based sports simulation game under the same name, announced a $3.1 million financing round headed by Japanese gaming behemoth Square-Enix.

Investment and Support from Industry Leaders

With participation from former investor Hiro Capital as well, the most recent investment round takes Soccerverse’s total raising to $4 million. Originally well-known for releasing the Final Fantasy series, Square-Enix has since actively participated in Soccerverse.

Soccerverse stands out as the most creative and unique game using blockchain features in the genre” said Hideaki Uehara, General Manager of Investment & Business Development at Square-Enix. Now from the standpoint of investors as well as supporters, we are enthusiastic to keep traveling with it.”

Blockchain-Based Football Management Simulation

Currently experimental, Soccerverse runs on the Polygon blockchain and provides a sports simulation experience akin to the Football Manager series. While remaining free-to-play, the game lets players assume several roles—such as coaching a team or portraying a player—and integrates web3 capabilities.

For Soccerverse, the timing of this financing round might prove to be very important. Though popular, football management simulations are not usually seen as mainstream. But the forthcoming release of the newest Football Manager series entry by Sega and Sports Interactive, which uses a Unity game engine and an improved interface, might create a lot of interest in the genre.

We are delighted to partner with a global gaming company of Square Enix’s reputation as we drive innovation and excellence in our game” Soccerverse CEO Andy Gore said of the company’s ambitions for the recently collected cash. Thanks to this funding, we will be able to reach a worldwide audience and achieve fresh degrees of excellence.

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Should Soccerverse use the present buzz in the football management simulation market, it might draw both mainstream players and web3 aficionados. Offering a distinctive blockchain-based substitute, Soccerverse hopes to carve out a position in the game industry and see notable expansion.

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