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Elysium-Based Goons of Balatroon (GoB) Raises $2.46 Million to Accelerate Development of a Fun-Filled Trading Card Game Metaverse

Cryptocurrency May 04, 2022 03:30AM ET
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Elysium-Based Goons of Balatroon (GoB) Raises $2.46 Million to Accelerate Development of a Fun-Filled Trading Card Game Metaverse

Goons of Balatroon (GoB), an ambitious trading card game with rich 2D and 3D aesthetics incorporating land ownership and NFTs on the state-of-the-art Elysium ecosystem, has completed a $2.46 million seed and private sale funding round.

GOB to Expand their Ecosystem
The funding round was led by Merit Circle and Jun Capital with participation from veteran crypto venture capitals, including Vulcan Forged, Faculty Group, Maven Capital, and BullPerks, and innovative founders of The HUSL, Lovelace, and Rarestone Capital.

The team revealed that funds would go towards developing a fun, multifaceted ecosystem that can satisfactorily support their flagship product, the trading card game (TCG), and an entire franchise of future NFT gaming experiences. Presently, the team is building a land battler game that will prominently feature in the GOB ecosystem.

Blockchain, NFTs, and P2E
GOB aims to eventually release a game-dense and highly interactive ecosystem powered by utility digital assets, including NFTs, through which users can engage with and truly own, with blockchain provenance. Their innovative setup ensures that gamers are handsomely rewarded for their participation through utility assets that are increasingly becoming the backbone of the modern gaming setups.

Over the years, the rise of blockchain solutions, positively infiltrating the multi-billion gaming industry, has been warmly received. The blockchain wave has sparked a series of innovations which have seen further adoption of NFTs. In recent months, private investment has been pouring in to accelerate the development of core infrastructure to anchor the Metaverse, which industry analysts say will be a multi-trillion market.

Prioritizing a Fun-Filled Gameplay
The innovation of game developers and projects has also seen platforms integrate play-to-earn (P2E) models empowering gamers while creating a win-win for all participants. While GOB is watching trends and building, Mark, the co-founder of GOB, said they shall introduce an "earning" function though their utmost objective is to create a wild, rebellious, and humor-filled gameplay.

"With the recent surge in P2E games, we see an increased focus on the earn function, and while this is absolutely an aspect of our environment, we believe a focus on making the game fun to play, first, is of utmost importance."

Furthermore, GOB aims to onboard the estimated three billion gamers. While the platform will incorporate an earning function to incentivize participation, they know the complexities, especially the high barrier to entry into P2E.

As such, the platform will onboard players using a free-to-play model without necessarily demanding a compatible non-custodial wallet for the initial connection. Once in the ecosystem, gamers can opt to scale their reward rates through NFT ownership at their pace, as clarified by Mathew, the Community Manager.

"P2E gaming tends to have a very high-cost barrier of entry; we want to onboard users in a free-to-play (F2P) manner, welcoming Web2 natives to Web3 without any initial need for a wallet. They can choose to scale their reward rates through NFT ownership at their own pace. Gamers seek to optimize, and if we provide them the means, they will integrate at their own desired rate."

Deployment on the Elysium Blockchain
GOB is being implemented on the EVM-compatible Elysium blockchain developed by Vulcan Forged. The ledger is highly scalable and boasts of negligibly low trading fees. However, the platform's native token exists on Ethereum as ERC-20 tokens. GOB has already collaborated with Vulcan Forged to expand their metaverse of trading card and battler games.

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Elysium-Based Goons of Balatroon (GoB) Raises $2.46 Million to Accelerate Development of a Fun-Filled Trading Card Game Metaverse
 

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