Planetarium nabs $2.6M for decentralized RPG Nine Chronicles

Planetarium said its decentralized role-playing game Nine Chronicles, which uses nonfungible tokens (NFTs) so players can own and make their game assets, has raised $2.6 million.

NFT gaming unicorn Animoca Brands led the round ahead of the launch of Nine Chronicles’ governance token on the Ethereum cryptocurrency platform. Blockchain, the transparent and secure digital ledger, uses a decentralized network of computers to verify the data in its ledger. And Nine Chronicles is a decentralized game, run by the players. They can buy or earn tokens to get a voice in that community.

Other investors include Divergence Capital, IDEO CoLab, Sfermion, Hypersphere Ventures, SkyVision Capital and others, along with angel investors such as Axie Infinity cofounder Jeffrey Zirlin and Aave Protocol CEO Stani Kulechov.

The Seoul-based Planetarium will use the funds to hire talent for content development, scale the network infrastructure, expand to mobile, and support ecosystem developers.

Published By : Venture Beat

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