Tech Company Financing Transactions
Farcana Funding Round
Farcana, operating out of Dubai, secured investment from Animoca Brands.
Transaction Overview
Company Name
Announced On
11/28/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for the enhancement of it and its integration within the Bitcoin ecosystem, as the project gears up for a token launch and full game release earlier next year.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Downtown Dubai, Saaha Office C Office 405, 4 floor
Dubai, Undisclosed
UAE
Dubai, Undisclosed
UAE
Phone
Undisclosed
Website
Email Address
Overview
Farcana is the blockchain-based gaming metaverse. Game lore takes place on Mars, when Earth's resources are stretching, mankind starts sending expeditions to the red planet and fighting for Infilium, the most powerful energy source, found in the Galaxy. Farcana is the first high-quality immersive shooter game with a Bitcoin prize pool backed by thestable economic model -- Play-to-Hash (P2H), patented in the US. Play-to-Hash is bolstered by the real-world economy and mining data centers, resulting in more stability and transparency than the classic Play-to-Earn market can offer.
Management Team
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