Web3 fantasy sports company Game of Silks completes $5 million financing

2023-10-11 21:24:22

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ChainCatcher news, according to The Block, the Web3 fantasy sports company Game of Silks has completed a $5 million funding round, bringing its total funding to over $10 million, with the investors undisclosed.

It is reported that Game of Silks is an NFT-driven fantasy horse racing startup that has issued NFTs related to thoroughbreds, allowing owners to earn rewards based on the real-world performance of the horses corresponding to the NFTs. The company was founded in June 2021 and collaborates with organizations such as the New York Racing Association, Belmont Park, the Jockey Club, and Americas Best Racing under Fox Sports.

OpenSea data shows that Game of Silks has issued over 7,000 "Silks Genesis Avatars" NFTs, with the current floor price at 0.088 ETH ($125).

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Game of Silks investment and financing

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