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We are excited to finally announce that Summoners Arena has completed our seed round of $3 million led by <a href="https://panteracapital.com/" rel="noopener noreferrer nofollow">Pantera Capital</a>. We are also honored to receive backing from prominent backers across the industry, <a href="https://www.coinbase.com/en/ventures" rel="noopener noreferrer nofollow">Coinbase Ventures</a>, <a href="https://onechain.game/#0" rel="noopener noreferrer nofollow">Onechain Technology</a>, <a href="https://guildfi.com/" rel="noopener noreferrer nofollow">GuildFi</a>, <a href="https://meritcircle.io/" rel="noopener noreferrer nofollow">Merit Circle</a>, <a href="https://cosmicguild.io/" rel="noopener noreferrer nofollow">Cosmic Guild</a>, <a href="https://coin98.net/coin98ventures" rel="noopener noreferrer nofollow">Coin98 Ventures</a>, <a href="https://istari.ventures/" rel="noopener noreferrer nofollow">Istari Ventures</a>, <a href="https://www.spartangroup.io/" rel="noopener noreferrer nofollow">Spartan Group</a>, <a href="https://impossible.finance/" rel="noopener noreferrer nofollow">Impossible Finance</a>, <a href="https://kyber.network/" rel="noopener noreferrer nofollow">Kyber Ventures</a>, <a href="https://kyros.ventures/" rel="noopener noreferrer nofollow">Kyros Ventures</a> and many other backers that have accompanied us since day one.On the passage of integrating the traditional playground onto the Blockchain realm, we are grateful to also receive tremendous support from our top tier traditional gaming backers, namely OneSoft - ranked 16 in <a href="https://www.appannie.com/en/apps/ios/top/level-up-rankings/all/all/top-30-game-publishers/?aliId&#61;eyJpIjoiOWZZdFVqZ1YyUzFHc3ZBYSIsInQiOiIxMlVleVVDNHdOUDdsTFNQUWdZQUZ3PT0ifQ%253D%253D&amp;fbclid&#61;IwAR2hwZPKbwtz-xQemYeb1McSOxj52aJ4NjiVyiuto9x1kN3a3_7G3ISmKho" rel="noopener noreferrer nofollow">App Annie Worldwide Top Publishers Award 2021</a>, Zitga and Sonat.We would like to acknowledge notable angels from both the gaming and crypto industry who have always been there for and with us from the very beginning:Chang-Han Kim, CEO of <a href="https://www.bluehole.net/en/" rel="noopener noreferrer nofollow">Krafton</a> - theparent company of PUBG Studios, developer of the world-famous battle royale game PUBG: Battlegrounds;Mirza Uddin from <a href="https://injectivelabs.org/" rel="noopener noreferrer nofollow">Injective Labs</a> - a major contributor of Injective Protocol, a leading layer 2 decentralized exchange protocol backed by Binance, Pantera Capital and Hashed; among the others.Moreover, Summoners Arena also received strategic backing from EM3 DAO, BTC12, Lead Capital, Ocular Crypto, DayZeroFund among other parties that have trusted in our visions and walked with us side-by-side from the beginning. Summoners Arena team would like to once again, express our heartfelt gratitude, we just cannot be more grateful for the generous support shown by all of our backers.The fund will be used to accelerate the growth of the Summonia universe, developing and integrating new features and tools into the game to bring a new compelling, breathtaking and unique experience for our users.Going beyond the P2E, Summoners Arena dares to endow a Play-Own-Earn game that allows users not only to create profit but also to enjoy the intrinsic value that the game has to offer. In this way, the game would be able to fulfill the mission of creating a mythical world to sustain a loyal base of supporters that will stay for the gripping lores and immaculate graphics quality as well as fostering an ecosystem where all users could enjoy the game and earn a passive income at the same time.<blockquote>&#34;Summoners Arena is on the frontier of blockchain-based gaming. They&#39;ve produced fantastic artwork, rich lore, and highly enjoyable game mechanics. By prioritizing building an amazing game first and layering in crypto economics second, their play-own-earn model is setting a strong example for other projects in the space, learning lessons from early attempts at the play-to-earn model.&#34; - Paul Veradittakit, Partner at Pantera Capital.</blockquote><h2 id="header-0">What’s New?</h2>We had just released our first Genesis Hero NFTs which was a drop of 20,000 genesis heroes. The Triple IGO in collaboration with Binance NFT and GuildFi opened to the early triumph with a big participation number and the collection was sold out in just a short period of time. Summoners Arena Genesis Hero NFTs are yet available for trading on the secondary market. If you do not own one yet, just check the most powerful souls and spirits of Summonia kingdom out today!<img src="https://academy-public.coinmarketcap.com/optimized-uploads/fca6774b78f24b388aa7133e81da35af.jpeg" /><h2 id="header-1">What’s Next?</h2>With a strong seed round as a head start, we are confident about what the future is holding for Summoners Arena - a promising plan to innovatively develop the game that truly delivers an exceptional experience and compelling game quality to the community. We will soon launch the free-to-play version of the game as our next step.The free-to-play version offers the opportunity for everyone to experience most of the features that will later on be released in the official launch. Other than that, the team will continue to work hard to bring an original play-own-earn experience towards a diverse user base as well as build a stable and sustainable community for years to come.<h2 id="header-2">Thanks to our community</h2>Summoners Arena would also like to send our sincerest thanks to our community for their wonderful support. Our amazing journey would never be the same without the trust and support from the valued users that have always been extra compassionate with the game and the team. With its current growth, Summoners Arena is on the right track to bring Blockchain gaming to the next level.<h2 id="header-3">About Summoners Arena</h2>Summoners Arena is an idle-RPG blockchain-based game that integrates traditional and blockchain gaming to provide countless opportunities for players to take part in immersive gameplay, experience true ownership over gaming assets whilst earning crypto assets. Developed from an already-established game with a strong user-based, Summoners Arena has had vast experience in community building, graphics, lores, and character development. Furthermore, Summoner Arena’s play-first model puts heavy emphasis on well-developed gameplay and user experience, allowing it to differentiate from the usual earn-first P2E model of most GameFi projects.

Summoners Arena Raises $3 Million in Seed Round!

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