Cointime

Download App
iOS & Android

Aether Games Secures $4.5M in Token and Equity Funding

Cointime Official

Aether Games, a pioneering transmedia studio, announced today that it has raised $4.5 million in token and equity funding from a group of prominent investors, including Mystenlabs, Polygon, Magic Eden, Polkastarter, Cogitent, Ultra, GSR, EMURGO, Master Ventures, and Eclipse. The funds will be utilized to support the development of the Aether world-building project, which includes Cards of Ethernity, Gates of Ethernity, Augmented Reality, and AI technology.

Cards of Ethernity, a multichain game available on both Polygon and Sui, has already become the #1 TCG on the Sui blockchain. With over 5,000 players in its early access/open beta phase, it demonstrates Aether Games's potential to significantly impact the gaming industry. The company's focus on blending traditional gaming with blockchain technology and captivating narratives across various media formats sets it apart from other game developers.

Jens Peeters, CEO of Aether Games, said, "This investment will propel us forward in our mission to create a rich, immersive universe that integrates gaming, blockchain, and multimedia content. We're excited to bring our vision to life and redefine the gaming landscape for both gamers and investors."

Aether Games' transmedia approach includes the development of the highly anticipated Gates of Ethernity, a strategic autobattler set to launch in late 2023, as well as an augmented reality mobile app and an engaging CGI series titled "Aether" to captivate audiences on major streaming platforms.

The team at Aether Games has an impressive background, having worked on notable IPs such as Hearthstone, Love, Death & Robots, Legends of Runeterra, and God of War. With the support of their strategic partners and investors, Aether Games is well-positioned to disrupt the gaming industry and provide a unique and unparalleled experience for gamers worldwide.

About Aether Games

Aether Games is a transmedia development studio that aims to set a new standard in the gaming industry by weaving together traditional gaming, blockchain technology, and captivating narratives across various media formats. Founded by Jens Peeters, an Esports celebrity manager and former highest-rated World of Warcraft player, Aether Games boasts a highly skilled team with experience working on notable projects in both game development, AR, and CGI.

Comments

All Comments

Recommended for you

  • Binance assisted Taiwan’s law enforcement agencies in cracking a major virtual asset case involving nearly NT$200 million

    On May 17th, Binance announced that the Financial Crime Compliance department (FCC) of Binance, in collaboration with the Taiwan Department of Justice Investigation Bureau, has successfully cracked a major criminal case involving money laundering of virtual assets, with an involved amount of nearly 200 million New Taiwan dollars. Throughout the entire case, Binance provided support to Taiwan's crime fighters, offering crucial intelligence and assistance, and played a key role in promoting the investigation.

  • $1.2 billion in notional value of BTC options and $930 million in ETH options are set to expire

    Greeks.live data shows that on May 17th, 18,000 BTC options with a put/call ratio of 0.63 and a maximum pain point of $63,000 (nominal value of $1.2 billion) will expire. Additionally, 320,000 ETH options with a put/call ratio of 0.28 and a maximum pain point of $3,000 (nominal value of $930 million) will also expire. Greeks.live states that this week, inspired by the meme stock craze in the US, BTC ETFs have seen significant inflows, causing BTC to surge above $65,000. However, the rest of the crypto market remains weak, with trading volume continuing to decline, and the divergence in the options data of BTC and ETH reflects this. Looking at the structure of bulk trades and market trades, the downward trend in IV for major deadlines has ended and entered a consolidation phase, with limited downside potential at present. BTC longs and shorts are relatively balanced, while the weak ETH price has led to a continuous decline in market confidence, with selling calls becoming the absolute main transaction.

  • Tether CEO: 1 billion USDT will be issued on Tron Network, but it has been authorized but not yet issued

    On May 17th, Tether CEO Paolo Ardoino announced that 1 billion USDT had been issued on the Tron Network early this morning Beijing time, but not yet released. This means that the amount will be used as inventory for the next issuance request and chain exchange.

  • On-chain indexing service Subsquid completes financing of US$17.5 million, with participation from DFG and others

    Subsquid, a chain indexing service, announced the completion of a $6.3 million financing through the CoinList community. As of now, its total financing amount has reached $17.5 million, with participation from DFG, Hypersphere, Zee Prime, Blockchange, and Lattice. It is reported that its native token, SQD, is scheduled to be listed this Friday. The Subsquid SDK has been integrated with Google BigQuery, allowing developers to use Google's technology to analyze blockchain data and reduce the data costs of large-scale deployment in the blockchain and developer communities.

  • Optimism 2024 Q1 Report: The implementation of EIP-4844 reduces L1 submission costs by 99%

    Optimism has released its Q1 2024 report, which shows that the number of daily active addresses has reached 89,000 (a 23% increase compared to the previous period), and the daily transaction volume has increased to 470,000 (a 39% increase compared to the previous period). These indicators are slightly lower than the historical high point in Q3 2023.

  • US Secret Service seizes domain used to run cryptocurrency scam

    On May 17th, the US Secret Service seized a domain used for cryptocurrency trust fraud in a "pig-killing plate" scam. In the "pig-killing plate" scam, scammers contact victims through various means, including dating apps, social media websites, and even random text messages disguised as wrong numbers.

  • Peaq Completes $20 Million Fundraising via CoinList Launch

    Peaq, a Layer1 blockchain applicable for DePIN and machine RWA, announced on X platform that it raised $20 million through its native token Launch, which was launched on CoinList from May 9 to May 16. As of now, over 145,000 community members have completed over-subscriptions of over $36 million. The new funds will be used to accelerate the growth of the peqosystem and further consolidate various ecosystem and community plans.

  • LocalMonero to Shut Down in Six Months Amid Regulatory Pressure and Internal Factors

    LocalMonero, a peer-to-peer exchange for trading privacy coin Monero (XMR), has disabled all trades and will be taken down in six months, according to parent company AgoraDesk. The company cited a combination of internal and external factors for the decision, but did not provide specifics. The move follows a trend of P2P crypto trading platforms shutting down due to regulatory challenges, including LocalBitcoins and Paxful. LocalMonero's closure also comes amid pressure from regulatory authorities on privacy coins, with exchanges including Binance and Coinbase delisting tokens like Monero and Zcash.

  • French securities regulator issues new warning to Bybit

    The French securities regulator has issued a new warning to the cryptocurrency exchange Bybit, urging customers to make arrangements for the possibility that the platform may suddenly stop providing services to French customers. The Financial Markets Authority (AMF) stated in a notice on Thursday that the exchange is not registered as a Digital Asset Service Provider (DASP), and therefore is providing services illegally in France. Bybit has been blacklisted by the AMF since May 20, 2022 for illegal operations.

  • In April, Polygon’s on-chain NFT sales exceeded US$50 million, setting the second highest record of the year

    According to Cryptoslam data, the NFT sales on Polygon chain in April exceeded 50 million US dollars, reaching 51,539,690.69 US dollars, setting the second highest monthly sales record in 2024, second only to January's sales of 112 million US dollars this year. In addition, the NFT trading volume on Polygon chain in April increased significantly to 1.5 million transactions, with nearly 90,000 independent sellers and over 33,000 independent buyers.