Colizeum Secures $8.4 Million in Funding, Onboards DOTA Veteran Sheng Wu

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Colizeum Secures $8.4 Million in Funding, Onboards DOTA Veteran Sheng Wu
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.Colizeumcom $ZEUM raises $8.4 million from top VCs, welcomes 2009daybyday1 onboard DOTA PlaytoEarn

The round was co-led by Deribit, SevenX Ventures, Axia8, LD Capital and Genblock Capital while TPS Capital, Momentum6 , DWeb3, X21, Profluent Ventures, Good Games Guild , CRT Capital, Au21 Capital, Pluto Digital, Basics Capital and Tokenomik.io also backed Colizeum in its fundraising efforts.

Last year brought significant changes to the mobile gaming industry, which led to game developers of every size to discover new monetisation methods and user accession tactics in order to continue to compete in the current market.

Tokenomik views Colizeum as an excellent proxy exposure to the vast NFT/play-to-earn gaming multiverse segment, which continues to expand exponentially, making it increasingly difficult to identify long term popular gaming platforms.

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