Indian Gaming Firm nCore Games Raises $10M For Web 3 Offerings: Report

Indian Gaming Firm nCore Games Raises M For Web 3 Offerings: Report
Indian gaming firm nCore Games has raised $10 million in a new funding round led by Animoca Brands and Galaxy Interactive, according to a report.Polygon and Hyperedge Capital also participated in the round, according to a report by TechCrunch on Monday. The funds will be used to spearhead a push into Web 3 gaming.Having developed a range of games that have attracted tens of millions of downloads, nCore’s bigger focus is turning to the metaverse and launching its own non-fungible tokens (NFTs).Despite India’s size as a mobile gaming market, firms are struggling to monetize their users due to apparent resistance…