Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys – Metaverse Bitcoin News

Cryptoys announced its Series A funding round raised $23 million and was led by a16z crypto, with the participation of other companies and firms including Mattel, Dapper Labs, and Animoca Brands.

, with the participation of other companies and firms including Mattel, Dapper Labs, Draper & Associates, Acrew Capital, Coinfund, Animoca Brands, and Sound Ventures.

The company will use these funds to further develop its own platform, dubbed “cryptoyverse,” which aims to entice a younger crown to engage with NFTs and play-to-earn services on top of the Flow blockchain, the same tech used byAbout the inclusion of younger users in this play-to-earn and gaming platform, Cryptoys’ CEO Will Weinraub stated:You have to take a step back from all of this Web3 maximalism.

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