Tech Company Financing Transactions
Farcana Funding Round
On 12/18/2023, Farcana announced $10 million in Seed funding from Animoca Brands, Fenbushi Capital and Dravus Investment.
Transaction Overview
Company Name
Announced On
12/18/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Proceeds Purpose
Farcana produces a competitive interactive game set on Mars in which players can win Bitcoin rewards.
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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