ChainCatcher news, according to The Block, Web3 game development studio Gameplay Galaxy has raised $11.17 million in its latest seed round extension, led by Blockchain Capital and Merit Circle. Founder and CEO Doron Kagan stated that Gameplay Galaxy began its seed round fundraising in May of this year and concluded it last month. This round of financing was conducted in the form of equity financing and included token warrants, bringing the company's valuation to $71 million.According to asset data platform RootData, Gameplay Galaxy completed a $12.8 million financing in September 2022, bringing the company's total funding to $24 million.

Chain Catcher news, the decentralized competitive gaming ecosystem Gameplay Galaxy has completed a $12.8 million financing round, led by Blockchain Capital, with participation from Merit Circle, Com2uS, Mysten Labs, Solana Ventures, Yield Guild Games, and Hustle Fund.It is reported that Gameplay Galaxy users will be able to earn money by participating in Trial Xtreme competitions and also earn in-game assets. Users who do not wish to engage in these mechanisms can still enjoy racing on their own. (Venturebeat)