NFT football game development company Goals completed $20 million A-round financing

On April 29th, Swedish NTF football game development company Goals announced the completion of a $20 million A-round financing, led by Seven Seven Six, a subsidiary of Reddit co fo

NFT football game development company Goals completed $20 million A-round financing

On April 29th, Swedish NTF football game development company Goals announced the completion of a $20 million A-round financing, led by Seven Seven Six, a subsidiary of Reddit co founder Alexis Ohanian, with Northzone, Moonfire, and Cassius participating. As of now, the company’s total financing amount has reached $39 million. The new funds will be used to accelerate the development of Goals’ NFT football video game product, which is currently in the pre alpha stage, and incorporate Web3 social and gaming competition elements, replacing traditional football game models such as EA Sports FC. In addition, the company plans to expand its team size to 75 people. (sportspromedia)

NFT football game development company Goals completed $20 million A-round financing

I. Introduction
A. Explanation of Goals and its recent funding
II. Background on the NFT Football Video Game industry
III. Goals’ Development of NFT Football Video Game
A. Current Stage of Development
B. Incorporation of Web3 social and gaming competition elements
IV. Competitors of NFT Football Video Game
V. Goals’ Expansion Plans
VI. Conclusion
A. Summary of Goals’ development and expansion plans
B. Future outlook on NFT Football Video Game industry
VII. FAQs
# Article:
The world of football video games is about to get a major revolution, with Swedish NTF football game development company, Goals, completing a $20 million A-round financing led by Seven Seven Six, a subsidiary of Reddit co-founder, Alexis Ohanian. Other participants were Northzone, Moonfire, and Cassius, taking Goals’ total financing amount to $39 million. The new funds will be utilized to accelerate the development of Goals’ NFT football video game product, currently in the pre-alpha stage, and incorporating Web3 social and gaming competition elements, replacing traditional football game models such as EA Sports FC. In addition, the company plans to expand its team size to 75 people.

Introduction

The announcement of Goals’ recent funding and its plans to incorporate NFT technology in football video games has brought about excitement in the industry, with many players and enthusiasts curious about what this means for the future of gaming. Goals is well-positioned at the heart of the football video game industry, with a promising outlook for the future.

Background on the NFT Football Video Game industry

NFT stands for non-fungible tokens, which are unique digital assets that use blockchain technology. In the world of football video games, NFT technology has the potential to add more value to the gaming experience. It provides gamers with an opportunity to have ownership over unique in-game items and assets. NFT technology also enables developers to create a more engaging gaming experience for players, with the potential to monetize in-game content.

Goals’ Development of NFT Football Video Game

Currently, Goals’ NFT football video game product is in the pre-alpha stage, but the recent $20 million funding round will enable the company to accelerate its development. Goals plans to replace traditional football games such as EA Sports FC to create a more engaging and interactive experience for players. Goals aims to do this by incorporating Web3 social and gaming competition elements into the game. The incorporation of NFT technology is expected to improve the gaming experience and enable players to earn money via in-game rewards and other incentives.

Competitors of NFT Football Video Game

Goals is not the only player in the NFT football video game industry. Other competitors such as Sorare and HyperDragons are also making these games, although Goals has secured a substantial amount of funding, which puts them in a good position to lead the way in the industry.

Goals’ Expansion Plans

With the new $20 million funding, Goals plans to expand its team size to 75 people. This will enable the company to hasten its game development, ensuring the delivery of a top-quality product. Additionally, the company aims to create a new paradigm in the gaming industry by creating a game that incorporates NFT technology in an innovative manner, replacing traditional football games as we know them.

Conclusion

Goals’ ability to secure $20 million in a funding round puts the company ahead of its competitors. With the development of its NFT football video game product and incorporation of Web3 social and gaming, Goals is poised to revolutionize the gaming industry. Finally, we look forward to what the future holds for Goals as it continues to develop and grow in the coming years.

FAQs

1. What is an NFT football video game?
An NFT football video game is a unique gaming experience that incorporates non-fungible tokens, unique digital assets that use blockchain technology.
2. How will Goals’ NFT football video game impact traditional football games?
By incorporating Web3 social and gaming elements, Goals aims to create an innovative gaming experience that replaces traditional football games as we know them.
3. What is the future outlook for the NFT football video game industry?
With Goals leading the way and other companies following suit, the future outlook for the NFT football video game industry is promising, providing an exciting new paradigm in the gaming industry.

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