PANews reported on October 11 that according to official news, the blockchain MOBA game Infinitar announced the completion of a $9 million Series A financing, with Lam Group and AccelByte co-leading the investment and fully subscribing to the remaining financing amount, making Infinitar's valuation reach $150 million. This new round of financing brings its total financing amount to $11.9 million. Other investors in the project include Waterdrip Capital, AC Capital, DEX Ventures and Mason Labs.
According to reports, Infinitar has introduced a play-to-earn (P2E) economic model, where players can earn tokens and NFTs through in-game achievements and competitions. Infinitar is about to launch several updates, including public beta release and experience center, global guild, community, studio node plan, Gold mining system, token TGE announcement.