Intella X has successfully secured $12 million to enhance its web3 gaming ecosystem.

The South Korean web3 gaming hub, Intella X, has raised an impressive $12 million in funds. It is gearing up for a launch on the Polygon network, a robust layer-2 scaling solution for Ethereum. raised The investment includes contributions from more than 20 backers, among them notable web3 leaders like Animoca Brands, Magic Eden, and Polygon, as well as Planetarium, Crit Ventures, JoyCity, Pearl Abyss, WEMIX, XL Games, Big Brain Holdings, and Global Coin Research.

Intella X aims to bridge the gap between web2 and web3 through innovative protocols, gaming experiences, and services. With its proprietary token, Intella, the platform intends to incentivize game developers and users, setting itself apart from rivals.

The platform’s distinct 'proof of contribution' protocol offers users a financial edge by redistributing a portion of its revenue back to them in a decentralized manner. In addition to its gaming offerings and protocol, Intella X aspires to promote widespread adoption of web3 by adding appealing features and lowering barriers for newcomers.

Scheduled for launch in the first quarter of 2023, Intella X is also set to introduce a web3 wallet, a decentralized exchange, as well as games and launchpad functionalities to expand its offerings.

The creative force behind Intella X is Neowiz, a South Korean game developer with a track record of launching successful PC and mobile games, including titles like FIFA Online, DJ Max Respect, Brave Nine, and Cats & Soup. NFT marketplace Recently, the Seoul Metropolitan Government in South Korea unveiled its virtual space known as Metaverse Seoul. This platform allows users to engage in diverse activities such as gaming, submitting official documents, seeking tax support, and accessing various public services. The city plans a five-year expansion strategy, marking a pioneering initiative for public digital engagement.

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Agne is a journalist focusing on the latest developments and trends within the metaverse, AI, and Web3 sectors for Metaverse Post. Driven by a passion for storytelling, she frequently conducts interviews with industry experts, aiming to unveil compelling narratives. Agne possesses a Bachelor’s degree in literature and has a rich background in writing across various subjects, including travel, art, and culture. Additionally, she has volunteered as an editor for an animal rights organization, raising awareness regarding animal welfare issues. You can reach her at. Blum marks its one-year anniversary by celebrating ‘Best GameFi App’ and ‘Best Trading App’ awards at the Blockchain Forum 2025. Addressing the challenges of DeFi fragmentation, Omniston introduces a method to enhance liquidity on the TON blockchain. metaverse platform .