Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

Crypto-Powered ‘Galaxy Blitz’ Announces Over $10m Raised

Designed by the people behind Clash of Clans from Supercell, Galaxy Blitz is a space-themed massively multiplayer online Play-To-Earn combat strategy and NFT game set to be released in Q2 2022.

Designed by the people behind Clash of Clans from Supercell, Galaxy Blitz is a space-themed massively multiplayer online Play-To-Earn combat strategy and NFT game set to be released in Q2 2022. Galaxy Blitz is the latest innovation in the GameFi industry, which utilizes blockchain-powered NFTs and tokens to support a new generation of entertaining games and applications. With the launch date drawing closer this week, the development team announced details of combined funding rounds of more than $10 million which will assist in building out the game’s financial ecosystem and functionality.

Just Getting Started

Set in the distant future, players in Galaxy Blitz will take on the role of one of four unique and highly-evolved descendants of humanity who fight for dominance in both land and space battles. Players will be able to earn token rewards by farming or “blitzing” their competitors, plundering a portion of their loot, and competing in the galaxy-wide arms race. For pacifists, there is also a wide range of PVE activities that provide a captivating lore, story-line, and backdrop to the world whilst also generating rewards.

Speaking to the upcoming launch, Co-founder Clement said, “We are all very excited for the upcoming launch of Galaxy Blitz and pleased at the fund-raising levels so far. It is an honor to be a part of a team that is so driven by innovation and also this GameFi industry which is truly at the cutting-edge of entertainment and technology. We are committed to bringing the ultimate gaming and metaverse experience to our users, and the Q2 2022 launch of Galaxy Blitz is just the beginning.”

As GameFi straddles a number of parallels in the blockchain space, Galaxy Blitz $10 million investment was funded by a number of partners from different spaces such as Conflux Foundation, IoTex Foundation, and exchanges like Bitmart & Amplio Capital, Bybit,, and Lbank;launchpads like EnjinStarter, NFTb, and the famous YouTube influencer MoonCarl.

GameFi: The New Frontier

After a lot of hype throughout 2021, the ‘metaverse’ emerged as an ambiguous future digital reality. Underpinning this future, GameFi is set to be one of the key pillars that will revolutionize the entire digital entertainment industry. Galaxy Blitz combines this growing trend of GameFi with NFTs to create an unprecedented experience that allows users to be a part of a growing ecosystem and play a role in shaping its development whilst also earning rewards.

The emerging ‘Play-to-Earn’ phenomenon is re-shaping the role of ‘player’ and the relationship between development studio and consumer in the future of games. As the trend continues, players will take on an increasingly involved role in the development of their favorite games whilst also being responsible for making key decisions about the ecosystems’ futures. This change is being led by the growth in popularity of the Decentralized Autonomous Organization (DAO) company model and is set to fundamentally change gaming and online entertainment.

Moving Forward

The sizable team comprised of 70% developers, 20% designers, and 10% marketing and operations, are based primarily in Northern Europe, with many of the team members having previously worked on Clash of Clans and Boom Beach at Supercell. After disclosing the private sale, the team also announced an incoming NFT pre-sale and IDO with specific details about these events still unreleased.

The team have plans to integrate Virtual Reality (VR) into the game. Currently, most GameFi projects are relatively simple remasterings of classic farming, tower defense, or blind box games; but the Galaxy Blitz team understands the value of diverse gameplay and how important ‘fun’ is. Galaxy Blitz is committed to actually building a fun game that users will enjoy being a part of. As VR technology progresses further, it will be able to support quality immersive experiences that will make players feel like they are actually in the game and allow for truly other-world adventures. This experience will be first made available to mobile users, with the PC version of the VR game component to be released soon after.

Also in development, the Galaxy Blitz ecosystem digital economy is set to run parallel to the gameplay and provide players with incentive rewards, as well as encouraging new users to get involved. Specific in-game details of the economy can be found in the Whitepaper, with an overview of the tokenomics and usability of the ecosystem’s native MIT token. Functionality aside, the team have also repeatedly shared their vision for the token to being carbon neutral by collaborating with other teams passionate about environmental protection to purchase carbon credits and be a purposeful organization.

There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this PR should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation.


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Vendredi 28 Janvier 2022

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