A new play-to-earn game, DOGAMÍ, has just secured $6 million in funding. The round includes some huge names like Ubisoft, Animoca Brands, and the founders of The Sandbox. Here’s the scoop on how DOGAMÍ won the support of some of the biggest names in gaming today.
DOGAMÍ: The First Mass-market P2E Game On Tezos
DOGAMÍ is an upcoming play-to-earn (P2E) blockchain game on the Tezos network. The game centers around Dogamí NFTs. In short, these are digital pet dogs that owners take care of in a virtual world aptly dubbed, “The Petaverse”.
In this way, the blockchain game follows the mold of beloved games like Tamagotchi or Nintendogs. However, DOGAMÍ uses today’s technology to enhance the experience in some major ways.
For one thing, DOGAMÍ has an AR/VR frame extension. In other words, Dogamís won’t be confined to living in The Petaverse. On the contrary, owners can also enjoy them in their real-life surroundings through AR.
To clarify, the game will soon launch its first NFTs. This first sale will include a few thousand Dogamí NFTs, split up into 10 or so breeds. With that said, the team is working on about 300 breeds of Dogamís in total. And to be sure, there will be more NFTs as the game develops and more users come on board.
DOGA Is The Game’s P2E Reward and Governance Token
Another key point of the game is its P2E features. To explain, the game will have a native token called DOGA. Players will earn DOGA in the game and even have access to DeFi features like staking and yield farming.
What’s more, DOGA will also function as a governance token. Indeed there are plans for players to participate in a “DOGAMÍ DAO”. As a result, they will help guide the development of the game, voting on updates and additional features.
As one of the founders of DOGAMÍ, Kris Penseyres, noted in an interview with NFT Evening,
“The whole point of it is that people have a say in the features that should be prioritized. Which breeds should come first, how we can best balance the game, and the rewards distribution. And it’s super important for people who want to stay, that they know that they’re involved to some extent.”
Support of Industry Titans Points to Bright Future for DOGAMÍ
Without a doubt, the involvement of some major names in gaming is a credit to the team behind DOGAMÍ.
For example, Ubisoft is the biggest name behind the $6 million funding. Of course, it’s one of the biggest video game companies in the world. It is the name behind Far Cry, Tom Clancy, and Assassins’ Creed, to list a few of its major series.
The involvement of Animoca Brands is also notable. The company has made a number of high-profile investments in blockchain games over the past year. By the end of 2021, it had amassed digital assets whose total value exceeds $15.9 billion. Not to mention that it owns the highly successful platform, The Sandbox.
Speaking of The Sandbox, its co-founders are also invested in the P2E game. Besides the funding, Sandbox co-founder Sébastien Borget sits on the advisory board of DOGAMÍ. So too does Yat Siu, chairman of the board of Animoca Brands.
All things considered, with its notable team and group of backers, DOGAMÍ might well be the next huge P2E game. Not just on Tezos, but in all of blockchain gaming.