Charlie Lee, Adam Back Lead $3.1M Private Token Raise for Blockchain Game ‘Infinite Fleet’

Charlie Lee, Adam Back Lead $3.1M Private Token Raise for Blockchain Game ‘Infinite Fleet’

https://www.infinitefleet.com/

Infinite Fleet artwork (Pixelmatic/Infinite Fleet)

Online space strategy game “Infinite Fleet,” developed by Pixelmatic, has raised $3.1 million through a private security token offering (STO).

  • Announced Friday, the round can be broken into two parts, with $2.75 million raised via Simple Agreements for Future Tokens (SAFTs).
  • This portion of the funding was led by Litecoin creator Charlie Lee, Blockstream CEO Adam Back, Heisenberg Capital founder Max Keiser and others.
  • And a smaller $250,000 portion of the total $3.1 million raise was allocated to investors on investment platform BnkToTheFuture.
  • Pixelmatic was founded by its chief executive, Samson Mow, who is also CSO at bitcoin infrastructure firm Blockstream.
  • The SAFT funding brings rights to investors once the token has been created at a future date.
  • A public sale of the firm’s token is expected in September via securities tokenization platform Liquid Securities (still in development) in a partnership with digital marketplace STOKR.
  • Mow told CoinDesk that STOs would become a route “most projects follow in the future.”
  • The project had planned to raise $3 million and was oversubscribed by $100,000 over a 24-hour sale period, according to the announcement.
  • The humans vs. aliens space MMO game will use a digital token to drive its in-game economy.
  • The game has been developed by a team of game designers who have worked on franchises such as “Age of Empires,” “Homeworld,” “Company of Heroes,” and “Dawn of War.”
  • Bitcoin
  • Ethereum
  • Litecoin
  • Zcash
Scan to Donate Bitcoin to bc1qcc3xajxvdqjnx2f7j7sfcfun7jagr0nh94fa2e

Donate Bitcoin to this address

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0x704671D7591d05Dd0790E86Aee964558E9347b07

Donate Ethereum to this address

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Litecoin to ltc1q7tj9ydra9ylkelu42vypp6cu2v0msf5lc2p5mq

Donate Litecoin to this address

Scan the QR code or copy the address below into your wallet to send some Litecoin

Scan to Donate Zcash to t1LiPaQ7gsSL23FbjXswpSoguP6yAE1xj5B

Donate Zcash to this address

Scan the QR code or copy the address below into your wallet to send some Zcash

 126 Interactions,  2 today

Crypto & Finance News