Cipholio Ventures Invests in Legend of Fantasy War, Paving the Way Towards GameFi Era
Cipholio Ventures, a global leader in blockchain investment, today announced a strategic investment with Legend of Fantasy War, a multiverse fantasy world Non-Fungible Token (NFT) game.
Legend of Fantasy War (LFW) is a 3D fantasy, play-to-earn multiplayer battle game, in which players choose characters from five different categories to assemble a team with unique synergies to complete missions and earn rewards. There is a rich character customization with the Elemental System of Metal, Wood, Water, Fire and Earth, in which gamers can create the strongest and the unique lineup ever.
The project has raised $2.5M from various world-leading VCs such as Cipholio Ventures, Morningstar Ventures, Polkastarter and Bybit. The raised fund will be used for infrastructure and operations, assisting LFW to scale quickly and come ahead of the competition. The game itself generates sustainable revenue through multiple mechanisms, for instance in-game fees, NFT sales and marketplace transactions.
It is believed, LFW is the perfect combination of games and blockchain technology. What makes it a game changer in the GameFi era is its unique approach, known as the “play-to-earn” business model that allows gamers to convert their in-game items and achievements into monetary rewards without losing it even if they step away from the game. Owners of NFTs can buy, sell, exchange, and auction transparently on the LFW NFT marketplace.
LFW has fantastic visuals and motion design and a variety of game modes (such as story mode for collecting in-game items, battling mode in solo and in clans for battling rewards), which differentiates itself from other GameFi projects. In addition, LFW consists of a team of over 40 members worldwide with a wealth of experience in the gaming, blockchain, and events industries.
Cipholio Ventures, as a global leading investment firm in cryptocurrencies, tokens, and blockchain companies is aware of the inevitable trend of developing blockchain applications for the games, and thus sees great potential and opportunities that LFW can bring to the development of GameFi. We also believe GameFi is the gateway to Web3.0.
About Cipholio Ventures:
Cipholio is a team of professional investors and analysts focusing on blockchain and crypto projects. Cipholio will serve as a bridge to connect people, technology, and capital in the decentralized world. We aim to seek opportunities in Web 3.0, DeFi, GameFi, Metaverse, and Layer 2 based on deep understandings of the industry and data-driven decisions.
About Legend of Fantasy War:
Legend of Fantasy War is a unique 3D turn-based role-playing online blockchain game. By blockchainizing in-game items, the game provides players ownership of in-game items by owning so-called Non-Fungible Token (NFT). With an engaging storyline, players can both entertain themselves and collect valuable items, even increase the value of items while playing games solo or with others. Thanks to the blockchain of items, owners of NFTs can sell, exchange, and auction transparently on the Legend of Fantasy War NFT marketplace. One of the strengths of the game is the nature of the community. Thus, the game offers a fantastic mechanism that the player and their friends can enjoy the rewards together forever. In short, the game is easy to play and collect valuable items.
Website | Twitter | Medium | Telegram | Discord | YouTube | Facebook | Substack | Reddit
