Tezos-based NFT Game DOGAMÍ Bags $6M From Ubisoft and Animoca Brands

Tezos-powered play-to-earn NFT game, DOGAMÍ, has recently raised $6 million from several notable investors, including Ubisoft and Animoca Brands.

Building the Petaverse on Tezos

In a press release shared with CryptoPotato on Tuesday, DOGAMÍ noted that the funding will help it further the development of decentralized pet ownership 3.0.

DOGAMÍ offers a unique blend of AAA NFT gaming with investing and pet ownership 3.0. The game is built on the energy-efficient blockchain network, Tezos.

It establishes a Petaverse where players can adopt and raise their 3D dog companion and play with over 300 DOGAMÍ breeds, with each possessing unit traits and providing a slightly different user experience.

Players also earn DOGA tokens when completing various tasks on the Petaverse, which can be used to buy consumables, build a digital wardrobe, purchase tickets to virtual events, collect badges, and breed DOGAMÍ.

DOGAMÍ Receives Funding From Investors

The project has garnered a lot of attention from top institutional investors, and it is currently one of the most popular play-to-earn games on the Tezos blockchain.

The pre-seed funding round saw notable support from Ubisoft, Animoca Brands, Sandbox’s co-founders, XAnge, Blockchain Founder Fund, and Draper Goren Holm.

Speaking on the funding, DOGAMÍ’s CEO and co-founder, Maximilian Stoeckl, said:

“At DOGAMÍ, we aspire to develop a play-to-earn game that pushes the envelope in terms of design, user experience & mass appeal. We believe strongly in the opportunities & the empowerment that web3 has to offer. The early support of world-class investors as well as advanced negotiations with strong commercial partners are highly reassuring and encourage us in our beliefs.”

Nicolas Pouard, VP Strategic Innovation Lab at Ubisoft, also commented, saying,

“At Ubisoft, we believe that blockchain holds the key to the future of the video game industry, bringing new possibilities for players and developers alike. We think DOGAMÍ shares this vision and contributes to the opening of blockchain gaming to mainstream players.”