According to TechFlow, on August 27, The Block reported that the Web3 game development studio Gameplay Galaxy announced the completion of a $11.17 million seed round of financing, with a valuation of $71 million. This round of financing was co-led by Blockchain Capital and Merit Circle. Gameplay Galaxy was founded in 2022 by Doron Kagan, the founder of the Trial Xtreme series, and is currently developing the first Web3 game Trial Xtreme Freedom. The game will integrate NFT and token economies, allowing players to own tracks, host competitions, and earn tokens. The game is scheduled to be officially released in the first quarter of 2025, and token issuance will also be carried out simultaneously.