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The Crypto Prophecies Closes $2.5 Million Fundraising Round

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LONDON UK, May 10th, 2021 – The Crypto Prophecies, an NFT based price prediction game, is delighted to announce that they have closed their final round of fundraising. After a private sale that raised $2.25million, TCP’s public round consisted of three different offerings. A Strong Holder Offering on DAO Maker, a KuCoin Burning Drop, and an IEO on gate.io were all oversubscribed. Together these offerings raised a further $250,000, meaning, in total, $2.5 million was raised for the project. 

Big Names Backing TCP

The list of investors in The Crypto Prophecies is already quite impressive. Many notable names in the blockchain investment field are showing their faith in TCP, indicating a huge amount of potential for the project.

Moonwhale Ventures, one of the largest blockchain investment firms, was the lead investor. Moonwhale has served countless crypto projects well by providing not just capital but also incubation and acceleration. Moonwhale’s connections will be vital for TCP in forming partnerships across the industry, especially in Southeast Asia. 

Moonwhale’s portfolio is full of success stories. Most recently, AIOZ and Spl.yt had massive launches on PAID Network. It’s also worth noting that TCP is not the first NFT based blockchain game associated with Moonwhale. It will join Legends of Crypto in its portfolio showing Moonwhale’s commitment to and familiarity with a rapidly growing genre. 

DAO Maker has had massive success launching projects with The Strong Holder Offerings. An SHO analyzes the behavior of wallets applying for whitelists and allows a project to select exactly the type of holder it wants to permit. Using the DAO, TCP can create exactly the right type of token holder to help grow the project in a sustainable way.

Moonwhale, DAO Maker, and KuCoin were not the only firms to invest in The Crypto Prophecies. Global blockchain gaming leader joined them: Animoca Brands as well as Spark Digital Capital, Kyros, AU21, and many others. All notable names in blockchain investment, this fundraising round shows signs of big things ahead for TCP. 

The Crypto Prophecies native token, TCP tokens, are now on general sale. Using an SHO and an IEO for launch, the team has certified their long-term commitment to the project. They will hope to see all the extra verification steps associated with these methods rewarded as the TCP develops.

Paul Lindsell, CEO & co-founder of The Crypto Prophecies, had this to say after the closure of their fundraising round:

We’re overwhelmed with the level of support shown for the launch of our project. The names attached to The Crypto Prophecies have a great track record in investing money and time into their portfolio. These names give us every chance to succeed in a strong but sustainable way. 

About The Crypto Prophecies

The Crypto Prophecies is an NFT based price prediction game built on Polygon’s Layer 2 solution for the Ethereum Blockchain. Players place wagers and challenge each other to predict whether trading candles will close up or down. Players are represented in battle by collectible NFT characters known as The Crypto Prophets, who assist players in the price prediction challenge with magical items. Launching soon, The Crypto Prophecies allows players to battle for crypto, collect NFTs and earn huge rewards.

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