Blockchain-based esports agency Mokens League has raised $2 million from a Seed Spherical for its “win-to-earn” NFT gaming platform.
The Mokens League venture was began in 2021 by Barcelona-based Monster League Studios and can assist a sequence of conventional sports activities video video games that characteristic NFT gamers.
The primary real-time sports activities sport on the platform can be a soccer sport which is predicted to enter a personal beta part in Q2 2022. The agency can be at the moment engaged on the event of different sports activities video games, together with tennis, basketball, hockey, and extra.
Along with the funding, the agency unveiled its in-game forex, MOKA token, which can function on the Polygon community. Gamers can use MOKA tokens to enter matches after which the winner of the sport takes the pot.
“Win-to-earn” gaming
Mokens League can even characteristic a free-to-play mode to permit gamers to hone their expertise and win an in-game “comfortable forex” to purchase beauty gadgets, nonetheless, not the NFTs characters.
“Whereas we’re thrilled and excited in regards to the huge development of crypto-based gaming, we are able to’t assist however discover that there’s a basic drawback proper now with current ‘play to earn’ video games that reward folks for simply spending time on a sport that doesn’t work,” mentioned Monster League Studios CEO Martin Repetto.
“This isn’t enjoyable or difficult and positively not sustainable. NFTs and tokens could be engaging for gamers to play our video games, however as all the time, what’s going to retain players is incredible gameplay and eSports mechanics.”
Many cell video games publishers are shifting into the blooming blockchain gaming scene. Final week, web-turned-mobile video games writer Kongregate revealed its first blockchain sport because the agency appears to be like to discover the rising market.