DOGAMÍ has just received support from the Tezos Foundation, which recently acquired an equity stake through a $500,000 capital injection. As a result, the game will be bringing a lot of attention to the Tezos blockchain ecosystem.
What does this funding mean for the play-to-earn game?
DOGAMÍ is working towards a metaverse where players can raise and train virtual pets. Through DOGAMÍ, players can virtually interact with their four-legged friends and fully immerse themselves in the Petaverse.
Before the Tezos Foundation funding, the play-to-earn game company successfully launched its own token, $DOGA. Essentially, players can use the $DOGA token to pay for NFTs, accessories, and other items in the ecosystem.
According to the President of the Tezos Foundation Council, Roman Schneider: “It [DOGAMÍ] is a great entry point for gamers new to blockchain gaming to enter the Tezos community, and by doing so, to expand it.”
Co-founder & CTO of DOGAMÍ, Bilal El Alamy, commented on Tezos’ support: “We are thrilled to bring this kind of attention to the Tezos ecosystem, it is well deserved. The Tezos Foundation has been a strong sponsor of the DOGAMÍ project since its inception! It felt natural to confirm their participation in our equity.”
DOGAMÍ is the first mass-market NFT play-to-earn AR mobile game. It enables players to adopt and raise a 3D dog and earn $DOGA in the Petaverse.
In addition to the Tezos funding, the company previously raised $6 million through Ubisoft, Animoca Brands as well as XAnge Ventures. DOGAMÍ’s first NFT drop of 8,000 dog avatars sold out in just a few hours, cementing the project’s success.