One-Stop Multi-Channel Gaming Asset Mall Lootex Secures $9M Funding for GameFi and NFT Ecology Integration and Improvement

Lootex, a unique cross-chain gaming asset exchange platform, recently announced the completion of a $9 million funding round led by Spartan Capital, Infinity Ventures Crypto, LD Capital and Akatsuki, SweeperDAO, YGG SEA, Polygon. Studio, HTC, and Huobi. Creative investors include Ventures, OKEx Blockdream Ventures, Avocado Guild, Cherubic Ventures, Palm Drive Capital, Evernew Capital, Morningstar Ventures, NGC Ventures, Petrock Capital, PANONY, Yolo Investments and Cosmos Ventures. Meanwhile, PKO Investment Consortium, Twitch co-founder Kevin Lin, Kabam co-founder Holly Liu, Rotten Tomatoes co-founder Patrick Lee, and Crunchyroll co-founder Gon Gao also joined.

The Lootex platform was announced in February 2021 and was designed by Justine Lu and David Tseng. All of the partners are from the gaming industry and started to consider investing in blockchain game development, but after extensive research they found a place in the market, a one-stop-shop for customers and at Rootex. . Binding points for this chain game and this affair.

Lootex is a joint venture between competing real estate companies that aims to create a Metaverse GameFi retail space where players can easily purchase NFT and devices. Play really worthy of various NFT games, such as avatars, rare items and weapons. Virtual lands, animals / monsters, etc. At the same time, you will also receive direct information about the game, tips and time to purchase special game equipment. For gamers, collecting and marketing virtual assets is an important and vital part of the gaming process. Stop GameFi Mall.

For game campaigns, Lootex starts with two things: "in-store functionality" and "community support" to improve the virtual and user experience. At the same time, in partnership with leading gaming guilds, Lootex is committed to leveraging and improving gaming capabilities by connecting key stakeholders across all aspects of the ecosystem. Currently, Rootex has developed relationships with gaming guilds and gaming projects such as YGG SEA, Avocado DAO, The Sandbox, Blockmonster, etc.

In the fourth quarter of 2021, the number of visitors to the Rootex website reached 200,000 and the marketing volume exceeded 3 million. Nearly 45,000 NFT operations have been performed on the Lootex platform since its inception, and the platform now has over 80,000 monthly users. Create an easy to use interface that allows players to easily rent, buy or earn money without any expertise.

As Founder and CEO Justine Lu, Lootex empowers gaming device owners and bridges traditional gamers and blockchain games. The game-centric one-stop virtual tool exchange platform allows players to find value and complete their in-game builds.

Yuji Kumagai, CEO of Akatsuki Inc, and Brian Lu, Co-Founder of Infinity Crypto Ventures, believe that improving the NFT trading environment is crucial to improving the chain and virtual assets that enable NFT game players to be creative and independent. .

Dan Wang, CIO of YGG SEA, said, "Lutex is an important platform for gaming guild players," said Dan Wang, CIO of YGG SEA.

With the growing popularity of the metaverse game, not only has the number of players grown exponentially, but large-scale in-game projects have also grown rapidly. In addition to a few previous entrants including AvocadoDAO, Crazy Chipmumks, and Cyborg Legends, Lootex has competed in over 50 games around the world including RPS League, Block Monster, Dungeon Swap, Olympus Royale, and more. The modern needs of gamers.

It has been announced that these seeds will further help Lootex expand and improve its industrial Pearl NFT platform, support the gamer-centric one-stop-shop GameFi business platform, and gain industry insight into the toy market. . Lootex plans to announce the $ LOOT platform token and the $ GP gaming token in the near future and introduce new features this year. The first quarter of this year Project's Launchpad, Gamer's Ranking and Gamer Profile are helping the gaming project, gamers and live broadcasters appear on the Lootex platform.