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fyxgaming.com

Founded Year

2017

Stage

Convertible Note - IV | Alive

Total Raised

$4.2M

Last Raised

$1M | 3 days ago

About FYX Gaming

FYX Gaming is the maker of CryptoFights, a blockchain internet street-fighting game. The company was founded in 2017 and is based in Cary, North Carolina.

FYX Gaming Headquarter Location

3434 Kildaire Farm Road Suite 135

Cary, North Carolina, 27518,

United States

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Expert Collections containing FYX Gaming

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

FYX Gaming is included in 2 Expert Collections, including Blockchain.

B

Blockchain

4,081 items

Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.

G

Gaming

4,877 items

Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.

Latest FYX Gaming News

FYX Gaming Announces Follow-on Seed Round Financing

Oct 1, 2021

FYX Gaming Announces Follow-on Seed Round Financing RALEIGH, N.C. Oct 1, 2021 9:00 AM EDT RALEIGH, N.C., Oct. 1, 2021 /PRNewswire/ -- FYX Gaming, the Raleigh-based esports infrastructure and technology provider behind the popular skill-based strategic fighting game CryptoFights, has announced follow-on seed round financing. FYX has attracted commitments from several prominent investors as part of the ongoing funding round, including Ventek Ventures and Ayre Ventures, with opportunities now available for new participants to join the round. CryptoFights, which allows players to enter real-money tournaments using its native cash on the BSV blockchain, has already attracted over 100,000 registered users. These users are currently generating hundreds of thousands of transactions each day, a feat made possible by the BSV blockchain's unbounded scaling capacity. This latest funding round involves a mix of new and existing investors, with the former led by Los Angeles-based Ventek Ventures, an early stage cross-border venture capital fund focusing on the US, China, and Southeast Asia. Ventek founding partner Tony Zhang said: "There's a lot of hype surrounding the Metaverse and NFTs right now, but there are also a few innovative Play to Earn companies creating actual value for users. FYX is one of them. By combining best of class game play with a sophisticated virtual economy based on years of experience in gaming, FYX has figured out a way to make games both fun and lucrative. We are proud to partner with FYX as it continues to reward players by building a powerful, inclusive platform that players can leverage to generating more income. "  Among the existing investors raising their stake is Ayre Ventures, whose founder Calvin Ayre expressed delight in renewing his support for FYX. Ayre called CryptoFights' daily transaction volume "emphatic proof of the possibilities that can only be achieved on the BSV Enterprise Blockchain. CryptoFights is an engaging product with unlimited growth potential thanks to BSV and the dedication of the FYX team." FYX CEO Adam Kling said he was pleased that his company had "joined the growing ranks of gaming companies, including Mythical Games and Sky Mavis, that are sparking investors' interest." Kling added that FYX was looking forward to closing its Series A funding next year. Kling says FYX will use capital raised via the current funding round on new hires to grow its infrastructure and boost CryptoFights' capacity to handle millions of users. The FYX platform recently expanded players' funding options through the addition of Simplex, for fiat-to-BSV transactions, and will soon launch Fabriik's Weave API , for crypto-to-BSV transactions. This will enable players to more easily fund their game play and to buy and sell non-fungible tokens (NFTs) on the FYX marketplace. Additional capabilities to allow users to create their own NFTs are in the works. To learn more about FYX, attend (in person or virtually) the CoinGeek New York conference, the year's biggest BSV blockchain event ( October 5-7, 2021), at the Sheraton New York Times Square Hotel. FYX CEO Adam Kling will participate in the Licensing IP for NFTs: Graphic Novels, Comic Books & Brands panel on Wednesday, October 6. About FYX FYX Gaming is an esports infrastructure and technology provider, specializing in the development and implementation of blockchain technologies. The company offers a full suite of specialized esports products and services, with innovative solutions spanning game monetization, integrity, data and analytics. In 2020, FYX was admitted as a member of the esports Integrity Commission (ESIC). About Ventek Ventures Ventek Ventures is an early stage cross-border venture capital fund focusing on companies with the technology, team and timing to capture sustainable markets in the US, China, and Southeast Asia. About Ayre Ventures Ayre Ventures, founded by celebrated entrepreneur and philanthropist Calvin Ayre, provides capital to scalable, high-growth businesses within the BSV blockchain ecosystem, the only infinitely scaling enterprise public blockchain. The Group targets investment in innovative ideas and ambitious projects that are 'positively disruptive', supporting their expansion with the Group's extensive network and industry partners. View original content: https://www.prnewswire.com/news-releases/fyx-gaming-announces-follow-on-seed-round-financing-301389702.html

FYX Gaming Web Traffic

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FYX Gaming Rank

  • When was FYX Gaming founded?

    FYX Gaming was founded in 2017.

  • Where is FYX Gaming's headquarters?

    FYX Gaming's headquarters is located at 3434 Kildaire Farm Road, Cary.

  • What is FYX Gaming's latest funding round?

    FYX Gaming's latest funding round is Convertible Note - IV.

  • How much did FYX Gaming raise?

    FYX Gaming raised a total of $4.2M.

  • Who are the investors of FYX Gaming?

    Investors of FYX Gaming include VenTek Ventures, Ayre Ventures, Calvin Ayre and Persimmon Hill.

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