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DateInvestorsAmountRound
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$750k

Valuation: $2.1m

Seed
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N/A

Valuation: $2.0m

ICO
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N/A

N/A

Valuation: $46.0m

Series A
Total Funding€682k

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MagicCraft operates in the gaming and blockchain industry, focusing on multiplayer online battle arena (MOBA) games. The company targets gamers and cryptocurrency enthusiasts by providing a platform where users can engage in fast-paced multiplayer battles. MagicCraft's business model includes both free-to-play and play-to-earn options, allowing players to earn in-game cryptocurrency, specifically the MCRT token, which can be converted to other cryptocurrencies like Bitcoin and Ethereum. The company generates revenue through the sale of MCRT tokens and in-game purchases. MagicCraft serves a global market but restricts its offerings to experienced investors due to the volatile nature of cryptocurrencies. The platform integrates blockchain technology to ensure secure transactions and offers additional features such as daily tasks, reward chests, and a referral system. MagicCraft aims to expand its game offerings, adding 1-3 new games to its ecosystem.

Keywords: blockchain, MOBA, multiplayer, cryptocurrency, MCRT token, play-to-earn, free-to-play, gaming, secure transactions, global market.

Tech stack

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