Legends of Mitra Announces USD1.45 Million Fundraising Backed by Leading GameFi Investors
Legends of Mitra has closed a USD1.45 million private financing round. The round was led by major blockchain investors. It was supported by grant support from Algorand Foundation and Cronos blockchain. The funding will be used for platform marketing and expanding partnerships across P2E gaming, interoperable blockchains, and NFT marketplaces.
Legends of Mitra has raised $1.45 million to create a multi-chain strategy game. It is being built across multiple blockchains, including Klaytn, Cronos, Algorand, Wax and the Binance Chain. The game is free-to-play and rewards players for their time, contributions, and efforts. It's one of the first free to play- to-earn NFT and metaverse games coming out of Africa.
Legends of Mitra has raised $1.45 million in a private fundraising round. The public sale of the Legends ofMitra utility token MITA will be held on the RedKite launchpad.
Legends of Mitra is a Free-to-Play-To-Earn game that rewards players with tokens and NFTs depending on their engagement and skills in the game. The key difference between LoM and a traditional mobile game is the integration of Blockchain technology and the economic incentives designed into the games.