Immortal Game just announced it has raised an additional $12 million in its latest round of funding led by TCG Crypto. It has now raised a total of $15.5 million. The most recent round also saw participation from Cassius, Greenfield One, Sparkle Ventures, 35V, Blockwall, Kraken Ventures, and Spice Capital. Immortal Game stated it plans to use this funding to build out its platform, which offers a web3 platform for chess players.
Founded in 2021, Immortal Game is described as a blockchain-based free-to-play “play-to-earn” chess game that utilizes NFT chess pieces. The platform has its own in-game marketplace where players can buy and sell their NFTs. They recently announced that the web3 game will be coming to the GameStop and Rarible NFT marketplaces.
The Immortal Game team is based in France, they have partnered with french grandmaster and current world blitz chess champion Maxime Vachier-Lagrave. MVL is involved as an ambassador and advisor to the team – the CEO is Thomas Zaepffel.
Immortal Games says it was designed for “chess lovers” but with the aim of bringing the legendary game of chess to the blockchain. For the developers of Immortal Games, web3 gamification and social engagement through NFTs is the core vision for the project.
The native token of the Immortal Game ecosystem is the $IGE token. This token is earned by the best players every season and they can either stake them or use them to unlock specific powers in the game.
