DOGAMÍ Secures $7 Million in Seed Extension to Further Develop its Web3 Game
The world's first Petaverse is looking to expand its range of blockchain games suited for mainstream audiences.
Team DOGAMÍ aims to expand its Web3 portfolio through a bigger war chest
DOGAMÍ, a play-to-earn NFT pet simulation game, has closed its $14 million seed round with a $7 million seed extension.
European venture capital firm XAnge led the round, with participation from Blockchain Founders Fund, Wagram Capital, and Bpifrance. In January, the team raised $6 million from industry leaders, such as Ubisoft, Animoca Brands, Tezos, and other strategic investors.
With these fresh funds, DOGAMÍ plans to expand its range of Web3 games for mainstream audiences. Previously, it used the initial investment to launch 12,000 virtual dog avatars and partnered with fashion label GAP to sell 12,000 virtual canine accessories. To date, the game has garnered over 200,000 players from over 80 countries known as "Dogamers."
"We are excited to be developing an original intellectual property that blends world-building, unique environments, and authentic characters to create a truly immersive experience," said Kris Penseyres, Co-founder and Chief Brand Officer of DOGAMÍ. "Our brand, born in Web3, will deliver media experiences through NFTs, allowing audiences to connect with our world in new and exciting ways."
The project recently launched its first mobile app, DOGA House, which is made available to all DOGAMÍ NFT owners. It allows users to play, feed, pet, and walk their virtual dogs while taking part in various challenges to earn $DOGA tokens. With $DOGA, players can purchase NFT avatars and accessories, enter in-game events, and even trade it for real-world goods and event tickets.
Built on the Tezos blockchain, DOGAMÍ is set to establish itself as the world's first Petaverse, playable as an AR (augmented reality) title on Android and iOS devices. Interested players can sign up for early access by creating an account on the DOGAMÍ marketplace.
