Square Enix and Solana Foundation Rally Behind Elixir Games Ahead of Highly Anticipated Token Launch

Elixir Games, a crypto gaming store, revealed on Wednesday that it secured $14 million in seed funding to advance its decentralized gaming ecosystem set to launch this year.

Elixir Secures Funding from Square Enix, Solana Foundation, and Shima Capital to Enhance Launcher Platform and Integrate ELIX Token

Notable participants in the funding round include Square Enix, the developer behind Final Fantasy, alongside the Solana Foundation and Shima Capital. Square Enix's involvement follows a previous partnership with Elixir and is not exclusive, as the company recently invested in HyperPlay, a competing crypto gaming launcher.

The raised funds will bolster the development of Elixir's launcher platform, presently hosting over 130 games and boasting more than 500,000 registered users. Additionally, it will support the imminent release of the ELIX token, which will power Elixir's products and services. Moreover, the funding will facilitate the Launchpad & Incubation Program designed for crypto game developers.

Elixir Games CEO Carlos Roldan Champions Innovation and Unity in Web3 Gaming

Carlos Roldan, CEO of Elixir Games, expressed enthusiasm about the company's growth trajectory, emphasizing their dedication to innovating the global gaming landscape. He highlighted their commitment to innovation, unity, and excellence in Web3 gaming.

Elixir Expands Gaming Reach: ELIX Token Launch and Season Pass Campaign Set to Boost Engagement

In 2023, Elixir broadened its gaming footprint by acquiring LitLab Games, a Spanish studio known for the auto-chess game CyberTitans. With a lineup of launches slated for 2024, Elixir will commence with the release of the ELIX token, followed by the introduction of the Elixir Launchpad, unlocking premium platform features and initial game offerings.

Elixir plans to kickstart a season pass campaign on April 4, offering approximately $750,000 worth of prizes through game tournaments and promotional events.