According to TechFlow, blockchain gaming platform Gudchain announced the completion of a US$5 million strategic financing round led by Mechanism Capital, with participation from Morningstar Ventures, Manifold, SkyVision Capital and others.
According to the introduction, the team said it aims to bring GameFi into the mainstream through parallel game chains. Gudchain will launch a comprehensive reward system in the second quarter of 2024. In the third quarter, Gudchain will launch its first game that can be played on the chain, and more new games of different game types will be launched thereafter. In the fourth quarter, the community governance token GUD will be released.
