Bitcoin

Gaming dApp raises $ 2 million in sales of private utility tokens

The decentralized application of games Alien Worlds announced on Monday that it had successfully raised $ 2 million for the sale of its Trilium (TLM) utility token. to selected private investors.

Alien Worlds is currently the number two gaming DApps according to DappRadar, sorted by number of users. Investors in the recent token sale included Animoca Brands, developer of The Sandbox and F1 DeltaTime; Longling Capital, which created China’s Meitu app; 3Commas; and Digital Assets Group.

Alien Worlds is a decentralized financial metaverse in which the planets function as autonomous decentralized organizations. Trilium is used as a government brand in these six DAOs and has been mined by players in the game since December 2020.

Gaming dApp raises $ 2 million in sales of private utility tokens
Gaming dApp raises $ 2 million in sales of private utility tokens

The tokens can be used to attempt enemy capture of the treasures of other planets while increasing the mining performance of the wildlands and other non-fungible tokens. Commenting on the game’s growing user base, Co-Founder Saro McKenna said:

“Every week we welcome thousands of new unique players from around the world who love to compete with one another to choose the best NFT mining rig, watch their trilium reserves grow, and take over richer planets.”

Yat Siu, President of Animoca Brands, said that Alien Worlds shared the company’s vision for NFTs and tokenization of game content, saying it hopes to “explore options to take advantage of some of the exciting IPs and brands we work with”.

In December 2020, Alien Worlds sold NFT card bundles worth $ 250,000 in just two days.

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