Dogamí, the top mobile P2E game, has secured $500,000 in funding from Tezos Foundation, marking another milestone for the Petaverse project.
Paris, France, March 29, 2022 — Dogamí continues to build strong momentum in the blockchain-gaming industry: The team noted a highly anticipated nonfungible token (NFT) sale and a successful DOGA token listing. Leveraging the strengths of the Tezos blockchain has proven beneficial to the virtual pet companion game and has attracted more attention from investors. Tezos Foundation has acquired an equity stake in the Dogamí ecosystem through a $500,000-capital injection.
The backing from Tezos Foundation is a crucial development for the Dogamí team. Moreover, it strengthens ties between the two teams, as Dogamí and the Tezos ecosystem work together to ensure mass adoption of the popular blockchain game. In addition, the game brings much attention to the Tezos blockchain ecosystem, with meaningful activations to be announced shortly.
“We are proud to support the highly successful project that has repeatedly shown to be a truly trailblazing project from its inception. Dogamí combines gaming and NFTs to create an engaging play-to-earn (P2E) experience. It is a great entry point for gamers new to blockchain gaming to enter the Tezos community and, by doing so, to expand it,” said Roman Schnider, president of the Tezos Foundation Council
Dogamí envisions a metaverse where players can raise and train virtual pet companions. In addition, players can interact with their companions in the virtual world, allowing Dogamí to achieve a much more meaningful level of immersion.
Previously, Dogamí successfully launched its DOGA token, which offers utility and access to the Petaverse and is essential to achieving widespread adoption and participation. The DOGA token can be used to pay for NFTs, accessories and consumables in the Dogamí ecosystem.
“We are thrilled to bring this kind of attention to the Tezos ecosystem; it is well deserved. The Tezos Foundation has been a strong sponsor of the Dogamí project since its inception. It felt natural to confirm their participation in our equity,” said Bilal El Alamy, co-founder and chief technology officer of Dogamí.
Dogamí pet avatars are the hottest NFT commodity on the Tezos blockchain. The collection has surpassed 1.2 million Tezos (XTZ) in volume within the first few weeks of trading on the objkt.com marketplace, making it the quickest and most popular Tezos project ever.
About Dogamí
Dogamí is the first mass-market NFT P2E augmented reality mobile game, where players adopt and raise 3D dogs to earn DOGA in the Petaverse.
It was co-founded in mid-2021 by CEO Max Stöckl, chief technology officer Bilal El Alamy, chief operating officer Adrien Magdelaine and chief business officer Kristofer Dayne Penseyres. The project is supported by a European team of more than 30, including art director Gregory Magadoux, who previously worked at Ubisoft.
The company has successfully raised $6 million through world-famous investors such as Ubisoft, Animoca Brands and XAnge Venture. Dogamí’s first NFT drop of 8,000 dog avatars sold out in merely a few hours, propelling them to the number-one rank in volume traded on the major Tezos NFT platform Objkt.
Discover more on Dogami.com
About Tezos
Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today. For more information, visit Tezos.com.
About Tezos Foundation
Tezos Foundation is a Swiss foundation supervised by the Swiss Federal Foundation Supervisory Authority, which is part of the Swiss Federal Department of Home Affairs. Tezos Foundation’s purpose is the promotion and development of new technologies and applications, especially in the fields of new, open and decentralized software architectures, including the promotion and development of the Tezos protocol and related technologies. For more information, visit Tezos.Foundation.