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SEED Secures Investment from Sui Foundation to Build a 100M-User Web3 Gaming Ecosystem on Sui
Panama, Panama – January 10, 2025 – In a significant move that is set to revolutionize the gaming industry, SEED has secured an investment from the Sui Foundation. This collaboration aims to build a 100 million-user strong Web3 gaming ecosystem on the Sui blockchain.
Despite the substantial investment in Web3 gaming as a catalyst for widespread adoption, the sector faces major hurdles, including complicated onboarding processes and unsustainable growth. In contrast, SEED’s innovative approach combines engaging gameplay with true on-chain integration, setting it apart from other Telegram Miniapps that have gained popularity.
SEED has successfully attracted over 60 million players to its platform through its play-to-earn model. With Sui Foundation’s support, the company plans to take its offerings to the next level by leveraging the scalability, efficiency, and developer-friendly architecture of the Sui blockchain.
The strategic investment is centered on creating a sustainable Web3 gaming ecosystem that balances innovation, sustainability, and scalability. Both parties share a vision of empowering developers and fostering growth through innovative technologies and unparalleled user engagement.
“This partnership enables us to deliver on our mission at an unprecedented level,” said Dees, CEO of SEED. “Sui’s unmatched scalability, efficiency, and developer-friendly architecture make it the perfect partner for us to accelerate innovation and build a 100 million-user strong gaming ecosystem.”
“We are thrilled to be partnering with SEED, a pioneering force in Web3 gaming,” added a spokesperson from Sui Foundation. “Our platform is designed to support fast, private, secure, and accessible digital asset ownership, making it an ideal fit for SEED’s mission to create an interconnected gaming universe.
With this investment, the two companies will work together to push the boundaries of what is possible in Web3 gaming, creating a new standard for user engagement and innovative technologies.
About SEED
SEED is a pioneering force in Web3 gaming, inspired by the success of games like Pokémon Go and Axie Infinity. The company leverages the power of virtual reality (VR), artificial intelligence (AI), and seamless messenger-based onboarding to ensure mass accessibility while creating an engaging interconnected gaming universe.
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About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up for digital asset ownership. The platform offers unparalleled speed, security, and accessibility through its object-centric model based on the Move programming language.
Source: blockonomi.com
