Nexus Interactive raises $2M in an oversubscribed seed funding round from Animoca Brands, Jump Crypto & more

Aug –Nexus Interactive has already built two flagship games and IPs, seeing over 1 million games played and almost $2 million in revenue. Today, Nexus Interactive announces a significant leap forward, having raised $2M USD in an oversubscribed seed funding round led by key industry players including, Animoca Brands, Jump Crypto, Maven Capital, GameFi ventures, Sky Vision Capital, Aquanow, OIG (Oracles Investment Group), Virtuals IO, Atesis Capital, Enzac ResearchAvocado Guild, Good Games Guild, RR2 capital and more. 

Nexus’ unique value proposition lies in an infrastructure that consists of three components; Nexus Play which is an in-house development studio; Nexus Build – a Web3 publisher sourcing, accelerating and launching games built by other developers in the Nexus Interactive ecosystem; and Nexus Share, AI powered user generated content and community growth programs which have already amassed over 100,000 community members. The company currently houses Everdawn, one of the leading Web3 gaming IPs, and plans to expand by developing other unique game titles through its development studio, including a mobile base builder and a post-apocalyptic open world MMO, as well as publishing IPs developed by  partnered  developers and studios within the Nexus ecosystem.

The advantage approach used by Nexus Interactive it says combines different elements from various stakeholders involved in creation to deploying games, all in-house. The company has generated over $1.8M in revenue with over 100,000+ combined community members. Its flagship title Everdawn Champions, a 3D TCG  was also the #1 most played game on Elixir during its closed beta season. Open beta is set to launch in September 2024, with an enormous waiting list of gamers waiting to get access.

Liam Bacon, Founder of Nexus Interactive said in a statement, “Legacy gaming institutions make it difficult for developers to bring games to market with successful launch campaigns and monetisation models. Nexus Interactive offers studios and developers the perfect solution to this. We’ve gone through this journey ourselves in the last 3 years building out our own Web3 game development studio, and can offer immense value to other builders and creators looking to launch in Web3.”

Nexus Interactive is driving all of this collective growth and accrued value to its ecosystem NXI Token, set to be launched on centralised exchanges later this year. The token aims to serve as a utility and governance token for the entire ecosystem, including IPs built by the in-house studio, including Everdawn Champions, all published titles, and other partnered digital entertainment platforms. CEO Liam Bacon also said that AI powered user generated content would also generate demand for the NXI Token. 

Yat Siu, the co-founder and executive chairman of Animoca Brands, praised Nexus Interactive’s progress and commented;

“We’re excited to support Nexus Interactive as it builds a scalable ecosystem for users, builders and creators. We believe these efforts will help to enhance network effects throughout our broader network and we look forward to the impact that the ecosystem of Nexus Interactive will have on the Web3 gaming space.”

Nexus Interactive sees a team with many years of experience creating and building titles such as Splinterlands, Gods Unchained and more, generating millions in revenue and driving millions of users into web3 gaming. Multiple IP partnerships with reputable brands are also planned as the team gears up for a token launch later this year. 

About Nexus Interactive

Nexus Interactive is a diversified and scalable ecosystem where users, builders, and creators unite to drive collective growth and create groundbreaking experiences in gaming and digital entertainment. It comprises three core pillars: Nexus Play, an in-house development studio building virtual worlds with unique gameplay mechanics and web3 economies; Nexus Build, a web3 publisher empowering exceptional developers and game titles; and Nexus Share, AI-powered user-generated content and community-driven programs that expand the ecosystem, allowing users to share in the value they create. Powered by a single ecosystem token NXI, Nexus Interactive consolidates all value, attention, and liquidity within its expansive ecosystem.