The Strategic round of Heroes & Empires has closed with $1.5 million raised through strategic fundraising.
We knew that gaming grew during the pandemic, and game investments and acquisitions have seen a boom as well. If you combine gaming with blockchain, that can only get hotter, right? Some believe that blockchain gaming is the tipping point for mass adoption. Games can now ‘play-to-earn’ on the blockchain, and Heroes & Empires is the game that you don’t want to miss. It is more than a concept. It is a game with the potential to reach over 1 million active users and generate $25 million gross merchandise value per day.
It may sound like an outlandish idea, but in only a decade we’ve seen exponential growth in new careers, such as being a streamer or a YouTuber. Heroes & Empires is a company formed by a group of players, all of whom play games where they can earn cryptocurrency rewards.
With special thanks to Venture Capitalists like Megala Ventures & Raptor Capital for leading the strategic investment round along with Dao Maker, UG Ventures, Interchain Ventures, Magnus Capital, X21 Digital, Basics Capital, Cinchblock, Icetea Labs and many more.
The team would like to express their gratitude to the project’s incubator, Megala Ventures, and all of the incredibly supportive investors. The interest in Heroes & Empires far exceeded early expectations, manifesting in an oversubscribed strategic round and an even more inspired team.
“We are delighted to announce the closure of this successful fundraising campaign,” said Quyet Huynh, the CEO of Heroes & Empires. “This time, we have some of the most respected blockchain venture capitalists in the industry. And they were interested in what we were doing because it fits their vision of gamefi in the future.” he added.
Megala Ventures is one of the largest institutional investors of blockchain and distributed ledger technologies in Southeast Asia and has been a key contributor to a number of leading blockchain projects.
DAO Maker is recognized as a top-tier launchpad in crypto, stimulating growth in many successful projects with their funding and marketing strategies. Leveraging the power of Social Mining and omnipresent exposure to help projects acquire a community, and then use the project’s token to convert the community into value-adding and value-assessing members of a DAO.
Raptor Capital is an investment and advisory services firm providing expertise to help blockchain startups flourish. Our mission is to turn the most disruptive and innovative startups into the most established heavy-hitting projects in crypto.
Metrix Capital is an investment vehicle, incubator and advisory firm based in Dubai which leverages knowledge, expertise, community contacts and capital to invest into fundamentally sound crypto projects and startups predominantly in DeFi, Gaming and NFT space. They aim to provide guidance in the project’s early stages, accelerate growth and therefore lead the project to success.
With the experience of building one of the most developed crypto user communities in Asia, we are confident that UG Ventures will be a powerful supporter for any project that wants to reach potential communities - especially the community in Vietnam (the country with the highest crypto adoption rate in the world).
Magnus Capital has been investing in the digital assets space since 2017. We strongly believe that digital assets, in particular, decentralized finance applications will play a critical role in the digital economies of the future and we seek to invest in and work with the brightest developers and founders who are paving the way for new and innovative financial products. Our current focus is on early stage projects that are actively developing scalable solutions in the decentralized finance ecosystem.
Interchain Ventures is a results-driven organization, focused on projects where the token has functional utilities within its network, and diversifying investments on quality projects across various industries. Interchain intends to act as a catalyst for mass adoption and innovation of Blockchain technologies, while constantly looking for ambitious and visionary partners with the drive and flexibility to take their company to the next level.
X21 Digital is a Blockchain Advisory and Investment firm dedicated to helping mainly blockchain startups accelerate their growth and exposure in the industry. They focus on giving the most optimal strategic advice and guidance, to shortcut their clients and partners' path to success.
Cinchblock is a trusted growth partner & incubator that helps crypto projects unlock growth through full funnel growth hacking and influencer marketing.
Basics Capital is a fund that sponsors blockchain and crypto startups at an early stage of their development. The company fuels growth and supports outstanding projects for future collaboration.
With the help of all our investors, Heroes & Empires is pleased to announce that it will have its public sale through Strong Holder Offering (SHO) on DAO Maker. A detailed explanation on how to participate in the SHO will be posted in the announcement channel, so follow Heroes & Empires’ official channels to stay updated.
Icetea Labs is a renowned blockchain incubator in Vietnam which is behind several successful blockchain projects like PolkaFoundry, Red Kite, Faraland, Step Hero, Bunicorn, Kaby Arena, DeathRoad, GameFi, etc.
About Heroes & Empires
Heroes & Empires is a play-to-earn strategy game that combines the distinctive elements of Idle RPG and the tactics of auto chess, connected with blockchain technology. The game is developed by Imba Games & CryptoViet Labs on the Unity engine with modern gameplay, blockchain integrated and high-end graphics, separating it from the rest. Heroes & Empires will be compatible on both PC and mobile to bring the best experience to players.