CyBall Raises $1.8 Million with Help of Big Name Investors

Futuristic football-styled NFT game, CyBall, caught the attention of some big name investors during its latest round of funding, netting an impressive $1.8 million in the process.

Bitkraft Ventures led the way, with support from Animoca Brands, Yield Guild Games, and Raydium, along with a large number of additional investors. Going forward, CyBall will use the extra funds to scale its team in order to accelerate the development of its ecosystem, while in parallel building out its on-board scholarship system, CyLoans.

CyBall is an all-encompassing gaming platform, focusing on turn-based football-themed card battles. As such, players wield NFTs while engaging with play-to-earn mechanics. In support of its flagship title, CyBall is on the verge of launching its own native DEX and NFT marketplace, and will later launch an additional feature to seamlessly integrate with guilds and scholarships thus alleviating the usual onboarding issues caused by fluctuating asset prices.

Once released, gamers will have the opportunity to compete against other players to earn rewards as well as level up their NFTs to trade on the secondary market. And, if they have done their homework, make a little profit along the way.

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