Nexgen Entertainment Inc. Secures $10 Million in Funding to Expand Epic Ballad’s Ecosystem

New York, United States, 15th Nov 2024 – Nexgen Entertainment Inc., a leading name in the gaming and blockchain industry, has successfully secured $10 million in a private funding round led by the esteemed NewTribe Capital. Known for its expertise in Web3, blockchain technology, and artificial intelligence investments, NewTribe Capital’s involvement underscores the growing confidence in Nexgen’s ambitious vision and the potential of its flagship project, Epic Ballad: Rise of Heroes.

Epic Ballad is a cutting-edge Web3 strategy game that integrates blockchain elements with traditional gaming mechanics. The game’s unique model combines real-time strategic gameplay with card game dynamics, allowing players to engage in both PVE and PVP battles while earning the in-game cryptocurrency, Epic Ballad Coin (EBC). As the game’s blockchain backbone, EBC is designed to provide players with both an immersive gaming experience and the opportunity to earn real-world value through in-game actions.

Launched in February 2024, EBC has already exceeded expectations, marking a historic moment in the blockchain gaming landscape with its official blockchain listing in October. Having already built a loyal and engaged user base, the team behind Epic Ballad- Nexgen Game took careful steps to protect investor interests, ensuring that EBC’s entry into the blockchain space would be met with strong market demand and readiness.

Initially priced at $0.043, the token has seen a meteoric rise, smashing through the $0.1 mark with ease and stabilizing between $0.091 and $0.095. However, the excitement doesn’t stop there – by the time of this report, EBC has already breached the $0.1 threshold, an incredible feat that showcases its unparalleled demand and explosive growth. This surge represents a staggering 120% increase from the initial offering, affirming that EBC is not just another token but a force to be reckoned with in the crypto world.

In just 24 hours after its release, EBC achieved a jaw-dropping $400,000 in trading volume. But the momentum didn’t stop there. As of now, the token has hit over $1 million in trading volume, a figure that solidifies EBC’s place as one of the hottest tokens in the market today. It has been rapidly adopted and listed on major exchanges, including Lbank, CoinGecko, and CoinMarketCap, drawing attention from crypto investors and enthusiasts across the globe. The roaring market response is a testament to the immense value and potential of EBC, with investors clamoring to get a piece of the action. This unparalleled success underscores both the power of the Epic Ballad project and the confidence it has earned from the global crypto community, confirming Nexgen Entertainment Inc.’s ability to deliver on its vision in the Web3 and blockchain space.

The success of EBC’s market performance has not only confirmed the robustness of Nexgen’s blockchain model but also caught the attention of major investors, propelling the company to secure $10 million in additional funding. Led by NewTribe Capital, this round of financing will further fuel Nexgen’s efforts to expand the Epic Ballad ecosystem, enhance gameplay features, and continue to attract players and crypto enthusiasts alike. The support from NewTribe Capital highlights its deep understanding of emerging technologies and its strategic belief in Epic Ballad’s potential to reshape the future of gaming.

Following this major funding milestone, Nexgen Entertainment Inc. plans to enhance the game’s content and user experience. With a focus on the global gaming community, the funding will be directed toward optimizing existing features, introducing new gameplay mechanics, and expanding the game’s reach to even more markets. As a company deeply committed to player satisfaction and innovation, Nexgen Entertainment Inc remains steadfast in its mission to deliver a continuously evolving, high-quality gaming experience that meets the dynamic needs of its expanding user base.

In addition to improving gameplay, Nexgen is also placing a strong emphasis on enhancing the blockchain experience for users. To provide greater ease of access and management of their EBC assets, Nexgen Entertainment Inc has launched a Telegram Mini Program, allowing players to seamlessly manage their holdings, stake tokens, and track their investments. This initiative highlights Nexgen’s commitment to ensuring that players have a smooth, intuitive, and secure way to interact with the game’s blockchain features, reinforcing the company’s focus on user experience and making blockchain technology more accessible for everyone.

As the blockchain gaming sector continues to grow, Nexgen Entertainment Inc. is poised to play a pivotal role in shaping the future of this innovative industry. With the successful integration of blockchain technology into Epic Ballad, and the support of strategic investors like NewTribe Capital, Nexgen is set to drive further advancements in gameplay, market adoption, and the overall gaming ecosystem. The future of Epic Ballad holds exciting possibilities, and Nexgen Entertainment Inc. remains dedicated to building a world-class platform for players to thrive, interact, and earn.

Media Contact

Organization: Nexgen Entertainment Inc

Contact Person: Hannah

Website: https://epicballad.com/

Email: Send Email

City: New York

Country: United States

Release Id: 15112419997

The post Nexgen Entertainment Inc. Secures $10 Million in Funding to Expand Epic Ballad’s Ecosystem appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.