💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Nine Chronicles M Launch: A New Venture By Planetarium Labs In Web3 Gaming

Published 02/11/2023, 16:00
Updated 02/11/2023, 17:10
© Reuters.  Nine Chronicles M Launch: A New Venture By Planetarium Labs In Web3 Gaming
NINE
-

Benzinga - On Nov. 22, 2023, Planetarium Labs is set to introduce the mobile version of Nine Chronicles, labeled Nine Chronicles M, broadening the scope of Web3 gaming. This move aims to transfer the features from the original PC version to a mobile platform, allowing ease of access for a global gaming community.

Mobile Gaming Potential The shift towards mobile taps into a substantial market, with Statista reporting over 1.7 billion mobile-first gamers out of 3 billion gamers globally. Nine Chronicles M not only aims to provide a gaming platform but also hopes to act as a vehicle for Web3 adoption, extending the advantages of blockchain technology to a wider audience.

See Also: 18 Years Of Much Wow! Kabosu, The Doge Behind Dogecoin, Gets A Statue For Birthday

Accessibility To Web3 JC Kim, CEO of Planetarium Labs, highlighted the intent to provide quality gaming experiences to a large user base. The mobile version is a step towards making the game accessible on an “anywhere, anytime” basis, including to those unfamiliar with crypto. It will be available on Google Play and Apple Store, supporting in-app purchases, making a stride towards introducing Web3 gaming in a user-friendly manner.

Funding and Industry Support The development of Nine Chronicles M was propelled by a $32 million Series A funding round in 2022, led by Animoca Brands. The funding signifies industry support and a collective belief in the potential of the project to drive further adoption of Web3 technologies through gaming.

See Also: Canaccord Genuity Bullish On MicroStrategy Citing Bitcoin Success Despite Volatility

Pre-Registration Event In the run-up to the launch, a three-week pre-registration event is organized where players can partake in daily gacha games with a chance to win items including 10,000 NCG, the in-game currency, which had a value of around $700 during the pre-registration period.

Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, Hedera, Citi, BMO, Northern Trust, Citibank, Amazon, S&P Global, Google, Invesco, and Moody’s will join our November 13 Fintech Deal Day and November 14 Future of Digital Assets. Secure a spot here to join them!

Send To MSN: Send to MSN © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.