Square Enix’s Bold Move: Injecting $14 Million into Elixir Games

Square Enix’s Bold Move: Injecting $14 Million into Elixir Games - Industry News - News

Elixir Games has just received $14 million in seed funding. The round of funding is supported by  Square Enix, the creators behind epic titles like Final Fantasy, alongside Shima Capital and the Solana Foundation. This signals that the gaming world is on the brink of something new and exciting.

A fresh take on gaming

The CEO Carlos Roldan is seeing a future where gaming does more than just entertain. Their funding has increased their resources to $20 million. Elixir Games is also getting ready to launch a gaming ecosystem unlike any other in the second quarter of 2024. They’re not stopping there; the introduction of the $ELIX token is set to shake up how we think about in-game currency and player involvement.

Roldan’s approach is straightforward: “We’re changing gaming by making it more than something you do on a screen. We’re building a world where players are more involved.” 

A game that grows and evolves not just because of the developers but thanks to the players themselves. That’s the future Elixir Games is working towards.

Square Enix is not just playing games

gaming/” target=”_blank” rel=”noopener”>Square Enix has been known for creating worlds that have captivated millions, their decision to back Elixir Games speaks volumes. During the last nine months of 2023, they reported sales of $1.69 billion. Now, they’re using their fame to push the boundaries of what gaming can be.

Last year, Square Enix shared their curiosity about the potential of web3 for gaming. Their investment in Elixir Games is not just a vote of confidence in Roldan’s vision; it’s a statement that they’re ready to explore new horizons in gaming technology.

Web3: A new playground

The buzz around web3 in gaming is about creating a space where games are not only played but lived. The $ELIX token is at the heart of this, promising a way for players to truly own a piece of the game world. This is about making games more interactive and also giving players a stake in the game’s universe.

This shift is more than technological; it’s cultural. It blurs the lines between making games and playing them, inviting players into the creative process. It’s a bold step towards a future where games are as much about community and creation as they are about escapism.

Looking ahead

As Elixir Games sets the stage for its 2024 ecosystem launch, the excitement is palpable. This isn’t just another tech venture; it’s a glimpse into the future of gaming. With Square Enix’s backing, Elixir Games is not just dreaming big; they’re making big moves.

The journey ahead for Elixir Games, fueled by this significant investment, is more than a business venture. It’s a journey into uncharted territories of gaming, promising a world where players don’t just play games; they live them. As the gaming community watches with bated breath, one thing is clear: the future of gaming is bright, and it’s being written right now.