Blockchain gaming startup InfiniGods raises $9 million in round led by Pantera

InfiniGods, a blockchain-based game development studio, announced Thursday that it raised $9 million in seed funding.

Pantera Capital led the funding round. Additional participants include Framework Ventures, Jefferson Capital, Animoca Brands and Double Peak.

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InfiniGods creates web and mobile games involving mythological elements, with gameplay including puzzles, strategy and city building. The startup intends to use the seed funding to publish three games in 2022 that include a non-fungible token (NFT) with in-game utility in addition to developing a governance token. 

Co-founders Damon Gura and Owen O’Donoghue told The Block that InfiniGods focuses primarily on user experience when building its blockchain-based games, and is particularly keen on onboarding gamers into Web3. However, the firm still intends to scale its blockchain-based financial systems sustainably and tapped economists to help their growth.

O’Donoghue worked for 11 years at Facebook (now Meta) developing the firm’s gaming arm and helping game developers launch, monetize and scale their games. Damon Gura has worked in the gaming industry for 25 years, founding the international social and mobile gaming firm DGN Games in 2014.

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MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

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