Nexo Ventures Backs Play-to-Earn Upstart Realms of Ethernity

mai 111 min read
Partnerships
Nexo Ventures Backs Play-to-Earn Upstart Realms of Ethernity

It’s official – Nexo Ventures is a backer of Realms of Ethernity! Realms of Ethernity (or RoE for short) is a World of Warcraft-inspired virtual world filled with hundreds of immersive and action-packed play-to-earn MMORPGs. What exactly is an MMORPG? For the uninitiated, an MMORPG is a massively multiplayer online role-playing game.

RoE has quickly become one of the hottest and most highly anticipated blockchain games in the play-to-earn gaming community, and Nexo Ventures became an investor following Nexo’s newly-formed strategic partnership with RoE creators XYZZY.

XYZZY is the leading, Miami-based Metaverse GameFi company that is using blockchain technology to revolutionize the world of gaming. (XYZZY is a subsidiary of Decentralised Investment Group (DIG), a multinational blockchain technology company headquartered in Dubai and committed to making impactful investments within the blockchain space.) Nexo’s relationship with XYZZY is an extension of Nexo’s commitment to invest in virtual worlds, MetaFi projects, and play-to-earn games that help build the emerging Metaverse economy.

RoE is a virtual world filled with hundreds of immersive and action-packed play-to-earn games where developers and players can build, own, and monetize their gaming experience. By virtue of RoE’s relationship with Nexo, RoE token holders will be able to engage in lending, staking, and trading through digital wallets on Nexo’s platform. This will ensure that members of the RoE community have access to a user-friendly product that gives them instant and efficient access to their crypto ($RETH, Realms of Ethernity tokens) while keeping it stored with one of the most secure platforms in the industry.

“It is only natural for two of the biggest names in GameFi these days - Nexo and Realms of Ethernity - to partner up at this crucial time in Realms’ development, with GameFi taking the blockchain world by storm,” said Haydn Snape, founder and CEO of Dubai’s Decentralised Investment Group, who owns XYZZY as a GameFi subsidiary. “We have just had the $RETH token trending when it was listed as number one on both DEXTools and Uniswap, continuing to break records everywhere. And now we get to offer our token holders access to Nexo. This is incredibly exciting for us.”

“The crypto play-to-earn gaming community requires access to financial tools - tools which resemble those available in the world of traditional finance - that make the gaming experience accessible, seamless, and convenient,” said Tatiana Metodieva, Head of Nexo Ventures and Corporate Finance at Nexo. “Not only can we help provide these tools, we are committed to investing in and developing the entire GameFi Metaverse economy and ecosystem, and that’s exactly what we’ve done with XYZZY and Realms of Ethernity.”

To learn more about Nexo Ventures and to apply for funding, visit www.nexo.io/ventures.

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