FITCHIN Announces $3.5 Million in Seed Funding
FITCHIN, a fully integrated, blockchain-powered digital gaming ecosystem has raised about $3.5 million in its seed investment round, led by numerous well-known crypto natives, venture capitalists, gaming personalities, and sports icons.
FITCHIN has also announced the appointment of Joe McCann, a former Microsoft strategist and well-known crypto entrepreneur, as an official advisor.
FITCHIN will focus on the development of its Gaming Ecosystem
The funding will be used to expand on three primary areas of interest for FITCHIN: infrastructure, community building, and collaborations. Its infrastructure focus will hasten the development of its esports community centres, tournament platform, and NFT marketplace.
Santiago Portela, CEO of FITCHIN said,
“We’re very excited to have closed this first round of funding amid the current market conditions. It shows the trust that investors have in our vision, in our team of executives, and in our ability to change and improve upon the ways in which global gaming communities connect,”
Joe McCann, recognized for his technological approach to cryptocurrency, will serve as the FITCHIN executive team's primary business growth and strategy adviser as they extend the platform and connect gamers with innovative experiences, including more intimate access to their favourite teams.
Joe McCann further said,
“FITCHIN is the most integrated and forward-thinking gaming platform yet to enter the space. It combines the novelty and community-centric aspects that the next wave of gamers is seeking, from new play-to-earn capabilities and tight community hubs, to intimate access to teams. I’m excited to watch this platform shake up the gaming world and bring new pools of gamers into crypto.”
In addition to the three primary goals, the funding will be used to bring the first wave of elite professional esports teams into the FITCHIN community via membership passes, hosted events, and one-of-a-kind digital collectibles.
FITCHIN is a Web 3.0 gaming community playground that brings together esports teams, content developers, and fans. Its fully gamified platform enables users to join elite team groups, engage in tournaments, purchase limited NFT collections, and attend unique events and experiences, all while earning prizes for milestones and active participation. Its platform gives teams all the tools they need to develop their audiences and establish new revenue streams using Web 3.0.