Crypto Unicorns Closes $26M Token Sale Ahead of NFT Game Launch

The popular Polygon-based NFT collection will introduce its first play-to-earn game later this month.

AccessTimeIconMar 15, 2022 at 3:20 p.m. UTC
Updated May 11, 2023 at 7:15 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Crypto Unicorns, a leading non-fungible token (NFT) collection on the Polygon blockchain, has completed a $26 million token sale that included purchases from TCG and Backed VC. The sale comes as Crypto Unicorns prepares to launch a web-based play-to-earn game later this month.

  • Other token sale purchasers included Acme Capital, Bitkraft Ventures, Delphi Digital, Infinity Ventures Crypto, Polygon Studios, CoinFund, BreederDAO and Emfarsis.
  • Developed by San Francisco-based Laguna Games, the Crypto Unicorns game will combine unicorn and land NFTs in a digital pet collecting and farming game.
  • The web-based game will go live later this month, followed by the launches of new mini-games, including Unicorn jousting, racing and battles.
  • Funds raised from token sales are held in the treasury of the Crypto Unicorns decentralized autonomous organization (DAO). Participants in the sale will play a role in the DAO’s future governance decisions.
  • “We've developed Crypto Unicorns from the start to be a community-run game and the completion of this token sale is a big step toward that,” Laguna Games CEO and co-founder Aron Beierschmitt said in a press release. “We want to move away from the extractive nature of free-to-play and nurture game economies that are owned by communities to embrace the core fundamentals of owning in-game items.”

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Brandy Betz

Brandy covered crypto-related venture capital deals for CoinDesk.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.