Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment

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The publisher of the upcoming online space strategy game “Infinite Fleet” offers the opportunity to participate in shares and future profits through the introduction of a Public Security Token Offer (STO).

Luxembourg-based Exordium launched the token-based funding round in selected European countries on Monday. The tokens cost $ 0.50 per EXOeu token and are issued by the Blockstream AMP tokenization platform.

Tether International Limited, a branch of the stablecoin issuer, is leading the way and has already invested $ 1 million in Exordium’s tokens. The funding model aims to democratize venture capital by making the investment available to the public, Exordium said.

The increase, which is said to be in line with EU capital market laws, is being done through the STOKR digital marketplace, which offers turnkey solutions for small and medium-sized businesses that need access to capital markets.

According to the announcement, investors can invest through STOKR using currencies such as the Euro and digital assets such as Bitcoin (BTC) and Tether (USDT) with a minimum investment of USD 100.

“Unlike Kickstarter, security token investors get real financial rights to the company they invest in,” said Arnab Naskar, co-founder of STOKR.

The Massively Multiplayer Online (MMO) space game Human Vs Aliens is developed by a team of game designers who have worked on franchises such as Age of Empires, Homeworld, Company of Heroes, and Dawn of War. The game will use a different digital token to help drive economy in the game

“As a former … game developer, I see great potential in the application of crypto assets to multiplayer online games,” said Paolo Ardoino, CTO of Tether.

The MMO developed by Pixelmatic raised $ 3.1 million last August through its own private STO, supported by Charlie Lee, creator of Blockstream, Adam Back and Max Keizer, founder of Heisenberg Capital, among others .