Bitball sports platform secures $5 million in Series A funding, backed by IntelligentCricket and Neon Eight Group
According to official sources, ChainCatcher news reports that the sports metaverse platform Bitball has successfully closed a $5 million Series A funding round. This round was co-led by IntelligentCricket and Neon Eight Group, bringing the total funding amount to $7 million.
The raised funds will be utilized to expand Bitball’s AI-driven sports gaming ecosystem and develop a 3D cricket game based on real-time sports data. The game is expected to be launched in the second quarter of 2025. Since its inception in December 2023, Bitball has garnered over 5 million users and is planning to host a BALL token generation event (TGE) in the fourth quarter of 2024.
Furthermore, the Web3 asset data platform RootData highlights Bitball as a sports metaverse platform that incorporates GameFi and SocialFi elements. By leveraging Web3 technology, Bitball aims to establish close connections between sports stars, clubs, organizations, and fans, offering a unique digital experience and virtual space.
Readers are advised by ChainCatcher to approach blockchain technology with caution, enhance risk awareness, and be wary of virtual token issuances and speculations. The content presented on this site consists solely of market information and opinions from related parties and does not serve as investment advice. In case of encountering sensitive information within the content, please click “Report” for prompt assistance.
Source link
#sports #metaverse #platform #Bitball #announced #completion #million #Series #financing #led #jointly #IntelligentCricket #Neon #Group
