OpenBlox is an&nbsp;EVM-based play-to-earn blockchain game where players can explore the digital world with their Blox in-game characters. On top of featuring a fleshed-out world of magic and wonder, OpenBlox also acts as an incubator that welcomes all kinds of NFT games and Web 3.0 apps into its ecosystem.RunBloxAs the first&nbsp;Web 3.0&nbsp;app to debut on OpenBlox,&nbsp;RunBlox&nbsp;is a&nbsp;move-to-earn&nbsp;app built on the&nbsp;Avalanche&nbsp;network that incentivizes users to stay active with its rewarding earnings and stylish shoe&nbsp;NFTs.OpenBlox’s Blox NFTsBloxes are collectible ERC-721 NFTs that act as the main characters of OpenBlox. With each game, Bloxes take center stage and act as the player’s avatar. From battling enemies in RogueBlox to getting a workout done in RunBlox, players will want Blox NFTs with the best attributes to guarantee success and increase their odds of excelling in OpenBlox. Winning nets you more OBX tokens and in-game tokens, which can be used to breed more Blox NFTs and Shoe NFTs and improve their overall stats so they get more powerful over time.What Are OBX Tokens?OBX tokens act as the main platform token of OpenBlox,&nbsp;featuring a ton of utility. On top of their use across multiple games, here are some ways users can utilize OBX tokens:<ul><li>Governance and voting, since voting rights are attached to OBX tokens</li><li>Deciding the use of the community treasury and dictating staking rewards</li><li>Introducing proposals for new features and products</li><li>Game Utility, as OBX token can be used for breeding new NFTs, upgrading NFTs, etc</li><li>Staking, as users can stake their OBX tokens to receive handy game buffs for their Blox NFTs and OBX token staking rewards</li></ul>

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OpenBlox closed a $4 million seed and private round

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OpenBlox is an EVM-based NFT gaming and web3 platform focusing on play-and-earn / move-and-earn and IP branding.Bybit will host the initial exchange offering for OBX, which will be available on the Bybit Launchpad 2.0, a freshly revamped platform for groundbreaking blockchain projects, with the full spot listing scheduled for June 30.Bybit users can commit BIT to subscribe to token allocations, or participate in Launchpad 2.0's new lottery model where users stake a nominal amount of Tether (USDT) for the chance to win allocations of new tokens. Users can also buy the best performing tokens from previous listings via the Launchpad.Since its inception in 2021, OpenBlox has attracted investment from investors such as Yusaku Maezawa, who made his first web3 investment with the project, as well as a devoted community following its initial launch. RunBlox, a lifestyle app and OpenBlox's first web3 venture that has gained traction while still in beta testing, is the most recent addition to the blockchain gaming ecosystem.In 2022, OpenBlox closed a $4 million seed and private round, launched RunBlox, and saw massive growth in Japan and Korea as the Asia-Pacific region became the primary cohort of OpenBlox users.The project partners are Shima Capital, 3Commas Capital, Digital Strategies, Jump Crypto, 100 &amp; 100 Venture Capital, Kyros Ventures, Ancient8, Kapital DAO, Real Deal Guild, Crypto Seers and others.

OpenBlox

OpenBlox is an EVM-based NFT gaming and web3 platform focusing on play-and-earn / move-and-earn and IP branding

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The Bitcoin (BTC) bulls are back in the ascendency, with the world’s first and largest cryptocurrency by market capitalization recently pushing back to the north of the $35,000 once again amid gains of more than 3% in the past 24 hours. Optimism about expected upcoming spot Bitcoin ETF approvals remains a tailwind for the market, […]
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