XBorg, a Web3 company based in Dubai, has made waves in the gaming industry by selling out their $2 million seed round community allocation in record time. This achievement will allow the company to scale and expand its collaborative credential infrastructure, offering players the opportunity to create their digital identity and enjoy personalized user experiences within gaming applications.
The interest in XBorg was overwhelming, with over 8,300 investors showing support and committing a total of $7 million. However, the company decided to cap the community allocation at $2 million, reserving the remaining $3 million for leading venture capitalists. As a result, the $XBG token, set to launch later this year, is now valued at $50 million.
Founder and CEO of XBorg, Louis Regis, expressed his gratitude for the community’s support, stating, “The future of gaming will be built by its players, and we are proud to include our community in the development of XBorg. Their enthusiasm and trust in our vision to disrupt the gaming industry have exceeded all expectations.”
In the coming months, XBorg will be launching its first application in partnership with top esports teams, starting with Rocket League world champions Team BDS. This app will allow players and fans to build their digital identity, connect with gaming communities, and unlock exclusive experiences through digital items.
With plans to become the fastest-growing gaming credential infrastructure, XBorg aims to solidify its position in the industry through partnerships with tier-1 esports teams and popular gaming influencers. Users can already create an XBorg account and experience a preview of the app, with early supporters being rewarded for their participation.
XBorg, a spin-off of SwissBorg, a crypto wealth management application with over 750,000 users, is set to revolutionize the gaming and fan engagement industry. For more information about XBorg, visit their website or follow them on Twitter.
