STARTUP STUDIO BY TOPPS, ZYNGA AND MACHINE ZONE VETERAN CLOSES SEED FUNDING BACKED BY Com2uS, HARMONY, AND CO-FOUNDERS OF THE SANDBOX AND YGG.
5x5 Gaming today announced a seed round of
The company's first game, Battle of Kingdoms, will celebrate and honor a number of cultures from around the world, and allow players to play, collect and digitally own (via NFTs) historical warriors and soldiers from different cultures. The company is consulting with historians and local experts to ensure proper representation for all characters and nations.
'5x5 is a unique gaming studio that has both extensive experience in free-to-play game development as well as digital blockchain collectibles, and we are very excited to support them early in their journey with this seed investment,' said Kyu Lee, president,
'We are a big believer in true digital asset ownership and the benefits that blockchain technology brings to us as game designers and developers. Having said that, we wanted to create an experience where having fun, quality content, making social connections, and competition are the focal points for our players; not the farmability of our game economy as you see in many early 'crypto gaming projects,'' said
Gezgin brings a broad range of experience to lead 5x5 Gaming. A former teen Turkish athletics national team member, Gezgin worked his way through college and postgrad, and has held leadership and strategic positions in game development as well as digital collectibles, including leading the digital division of Topps.
5x5 Gaming is headquartered in
'With this investment from our partners, 5x5 Gaming is building a team without borders; talent and inspiration can be found everywhere,' said Gezgin. 'Our growing team is spread around the world; we look at diversity as part of our strategy and believe that with a team of different backgrounds and cultures we can create gaming experiences that are more fully culturalized.'
'We are excited to work with 5x5 Gaming under Deniz's leadership,' said
'With millions onboarding to NFT games, Web3 infrastructure is lowering barriers to participation and making it possible for players from all around the world to become part-owners in a better, more inclusive digital economy,' said
'I am pleased to support Deniz and his team of game industry veterans on their journey into Web3 as they build their first play-to-earn games and embrace the NFT culture,' said
Additional 5x5 Gaming investors include
About 5x5 Gaming:
5X5 Gaming is an early-stage, cross-platform gaming company that focuses on building
MEDIA CONTACT:
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