Chimeras Play-to-Earn Metaverse Raised Over $2 Million During Successful Funding Round

Stan Peterson
Expertise : Web3 Projects, ICOs, DeFi, and NFTs.
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]
Read full bio
coingape google news
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Sponsored This page may contain affiliate links. If you sign up through these links, we may earn a commission at no additional cost to you. This does not influence our editorial reviews or rankings.

Press Release: Chimeras successfully raised over $2 million in its latest fundraising round, which will  help to fund the play-to-earn project’s market and product development.

October 18th, 2021, Kyiv, Ukraine – The Chimeras Play-to-Earn metaverse project has completed its funding round with the participation of leading blockchain venture companies, including, amongst many others, Master Ventures, AU 21, Poolz, BullPerks, X21, OIG Invest, Panda Capital, Shima Capital, LVT Capital, Otis Capital and Lotus Capital. The round successfully raised over $2 million which the Chimeras team has earmarked for the metaverse’s product development and marketing campaigns, including the launch of its brand native token, CHIM.

 The team is also announcing the upcoming Chimeras initial DEX offering (IDO) on the Ignition, Poolz, and BullPerks platforms. The Poolz platform IDO  will take place on October 26th, followed by the Ignition and BullPerks IDOs two days later on October 28th. Additionally, Chimeras are in the process of negotiating with one more IDO platform – the details of which will soon be shared on social media. After all IDOs have taken place, CHIM will be available to trade freely in the cryptocurrency market.

A Strong In-Game Economy

CHIM will have a maximum supply of 75,000,000 CHIM, with the initial supply allocated between its team, leading blockchain-focussed funds, advisers, users who are part of the Chimeras metaverse and farming pools. Users will be able to use these pools to provide in-game loans, as well as generate interest and other rewards. 

The token will also form the backbone of the in-game economy, allowing users to exchange in-game assets such as land and NFT-based items. Users can also spend CHIM on content creation and the maintenance of in-game assets. 

 About Chimeras

The Chimeras project is a Play-to-Earn metaverse that takes the Free-to-Play approach of allowing players to earn on the content they generate in-game and the actions and feats they accomplish. The core concept of Chimeras is a thrilling mobile game with integrated DeFi farming and NFT tokenization that revolves around a fantasy world filled with cuddly creatures – Chimeras.

Chimeras includes a well-developed backstory that engulfs players with its lore. The vast fantasy world of Chimeras is populated with farmers, alchemists, merchants, killers, landowners, and socials. The islands and archipelagos of the metaverse stretch out in the middle of a boundless world ocean, with some islands having owners, while travelers and merchants surf the expanses of the universe in search of adventures and profitable deals. The game also includes combat elements, as warriors are eager to fight worthy rivals in arenas, while scientists compete for the breeding of the most amazing creatures in their laboratories.

 The players are rewarded with NFT-based items or CHIM tokens that can be used to breed the creatures, trading, building the virtual land plots in the game, as well as in battles. The gamers can buy and sell everything, including trade reagents, resources, and creatures at auctions, while more peace-loving players can live on the rent they generate from the ownership of numerous islands.

 The team behind Chimeras has immense experience in the industry. This includes professionals in BlockchainDev, GameDev, and Marketing, all focussed on creating a tier-1 entertainment crypto-game. More than 30 specialists implement cutting-edge practices to develop successful gaming solutions and focus on entertainment as the core throughout the entire gameplay.

For more about Chimeras and the launch of its native token CHIM, visit their main website here

Follow Chimeras on Twitter

Join the Chimeras community on Telegram

Stay up-to-date through Chimeras’ Announcement Channel

Read the Chimeras blog on Medium

Media Contact Details

Contact Name: Yuliya Prekrasnova

Contact Telegram: @ChimerasPR

CHIMERAS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
About Author
About Author
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]