Polygon, Animoca, and More Back Intella X in a $12 million private funding round


  • It owns the upcoming Web3 gaming platform from Intella X, Neowiz, and Polygon announce Successful conclusion of its own funding round.
  • The gaming platform service provider has reportedly raised $12 million from investors, including Polygon, Animoca Brands, and more.

The Intella X team has dedicated its resources to speaking with Web3 investors, project teams, and industry experts. With Web3 leaders so invested in the project, they are looking to use the funding to polish their product.

ribbed open In August 2022, it will cooperate with South Korean game giant Neowiz to launch a Web3 game platform called Intella X. The platform will bring Neowiz’s popular game IPs to Web3 for the first time.

Neowiz is a pioneer in the game industry in South Korea. The game studio has been successfully publishing PC and mobile games for decades. It has also been involved in the development and launch of mega titles such as FIFA Online.

Blockchain Network and Neowiz have shared that they are developing a suite of products to advance the core principles of user ownership in Web3. In addition, they will distribute shares of all revenue generated with the shareholders.

in another to updateIntella X shared its plans to use a large portion of its funding for its expected launch on Polygon.

It is said that the gaming platform service provider Polygon is scheduled to launch in the first quarter of 2023. It will feature its own Web3 wallet, decentralized exchange, NFT market, launchpad and a series of games.

Moreover, Intella X’s $12 million private financing has garnered interest from various sectors. These include such Web3 leaders as Polygon, Animoca Brands, Magic Eden, Planetarium, Big Brain Holdings, Global Coin Research, Crit Ventures, JoyCity, Pearl Abyss, XL Games, and WEMIX.

Neowiz is one of the most popular and credible game studios in Korea. The platform has created a legacy in the country, pushing fun and exciting games since 1997. Neowiz’s move to Web3 from traditional games reflects its forward-thinking approach. It is also considered positive for the Web3 gaming space as a whole.

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