PlaceWar Onboards IoTex Foundation as a Strategic Partner and Investor

PlaceWar announced today that it has received strategic partnership and investment from IoTex Foundation. The strategic partnership includes additional support for community acceleration and user acquisitions. PlaceWar investment team interviewed the investor post-investment to find out the reason behind backing the most anticipated P2E NFT game.

IoTex, a leading open-source blockchain platform with smart contracts functionality, has partnered with PlaceWar. IoTex is quickly establishing itself as a leading brand in the P2E industry. They are also confident that PlaceWar will elevate the Web3 gaming industry to new heights.

“We believe PlaceWar can bring its traditional gaming expertise and forward-thinking Web3 philosophy to create the first truly multi-channel Web3 gaming ecosystem. This is one of the reasons we are so excited to launch PlaceWar on IoTeX ”, said Art Malkov, responsible for growing IoTeX. “PlaceWar has advanced gameplay, sound design, and a multi-channel philosophy. “

“PlaceWar is a game that brings back memories of when I was only seven,” said Malkov. “The thrill of collaborating with other players in gameplay just to invade your enemy and spark your creativity by dominating the map of Placedonia was in itself exhilarating.”

The IoTeX Foundation is the core contributor to the IoTeX protocol. Founded in 2017, IoTeX is an open-source blockchain platform that is backed by a global team of 30+ research scientists and top-tier engineers. IoTeX is the leading blockchain & IoT platform that is now powering an ecosystem of 100k+ users, 30+ Dapps, and 8,000+ devices. With a focus on connecting real-world devices/data to the blockchain, IoTeX enables a variety of Dapps across MachineFi, GameFi, and DeFi. The IoTeX Foundation backs and invests in promising teams and projects that share their vision for a decentralized future. PlaceWar interviewed the Iotex team, see the details below.

Why did you invest in PlaceWar?

Play-to-Earn is the next big thing for Web3 and will attract the next 10 million users into the blockchain industry. With virtual worlds like Axie Infinity, Decentraland, and Sandbox laying a solid foundation for Web3 gaming, there is a tremendous opportunity for traditional game studios/designers to make a splash in this budding sector with excellent gameplay and user experience. They believe PlaceWar can bring its traditional expertise in gaming and forward-thinking Web3 philosophy to create the first truly multi-chain Web3 gaming ecosystem.

What is your most anticipated feature in PlaceWar?

PlaceWar’s Pixel system is a highly anticipated feature. By adding a creator economy into the game, the boundless imagination of developers, designers, and builders can be embedded into the game itself with balanced incentives. Play-to-Earn will only succeed with the power of community — by providing a governance structure and native tools that allow players to create, trade, and enjoy their own in-game assets, PlaceWar opens up new design space for the Play-to-Earn space.

What are your expectations from PlaceWar?

They are extremely excited for PlaceWar’s launch on IoTeX — with several P2E successes on IoTeX already, PlaceWar’s advanced gameplay, sound design, and multi-chain philosophy will surely be enjoyed by the global IoTeX community. They expect PlaceWar to quickly establish itself as a brand name in the P2E industry and look forward to seeing them push the heights of Web3 gaming.

PlaceWar is a gamified Internet culture metaverse — Play to Earn strategic artillery game ecosystem. Craft, Create, Conquest. Inspired by Worm and r/place, PlaceWar creates a gamified and open Internet culture metaverse and puts users in control. You are guaranteed a gaming experience that you’ve never seen before in any other Play-To-Earn games.

📰 INFO 

https://placewar.medium.com/iotex-strategic-partnership-and-investment-with-placewar-64491dcd0e6d

Market Stats:
BTC Dominance: 52.56%(+0.13%/24h)
ETH Dominance: 16.24%(-0.27%/24h)
Defi Market Cap: $84.16B(-22.94%/24h)
Total Market Cap: $2226.18B(+3.49%/24h)
Total Trading Volume 24h: $71.6B(-32.64%/24h)
ETH Market Cap: $361.27B
Defi to ETH Ratio: 23.3%
Defi Dominance: 3.59%
Altcoin Market Cap: $1056.14B
Altcoin Volume 24h: $41.59B
Total Cryptocurrencies: 29515
Active Cryptocurrencies: 9862
Active Market Pairs: 82549
Active Exchanges: 761
Total Exchanges: 8444
BTC: 59414.3$(0.63%/1H)
ETH: 3011.22$(0.85%/1H)
AVAX: 34.13$(1.55%/1H)
BNB: 563.9$(0.63%/1H)
MATIC: 0.73$(0.59%/1H)
FTM: 0.68$(1.23%/1H)
ADA: 0.46$(0.64%/1H)
DOT: 7.25$(-0.25%/1H)
UNI: 7.18$(1.37%/1H)
CAKE: 2.56$(1.22%/1H)
SUSHI: 1.04$(1.91%/1H)
ONE: 0.02$(1.86%/1H)