XOCIETY, an innovative AAA third-person shooter game, has successfully closed a pre-Series A funding round, securing $7.5 million in investments. Leading the round were Hashed and the Sui Foundation, with other major players such as Spartan, Neoclassic, Bigbrain Holdings, and KRAFTON also contributing to the funding.
The beta test of XOCIETY attracted over 3000 users from 76 different countries, resulting in more than 11,000 hours of gameplay. Impressively, over 77% of players remained engaged with the game for a week or longer, showcasing the game’s potential for success. This recent funding will further build on this momentum.
Team NDUs, the developers behind XOCIETY, are blending RPG elements with a unique incentive structure that emphasizes player skill and engagement. A new in-game corporation system has been introduced, allowing users to own shares in and manage their own companies and economic entities within the virtual world of the game.
Jeffry Kim, the founder of NDUS, expressed his enthusiasm for the project, highlighting the involvement of industry veterans such as Myoungjin Lee, known for his work on Ragnarok, and Sang Chung, former Head of PlayDapp. These experienced developers have a proven track record of delivering engaging gaming experiences at a commercial level.
Simon Kim, the CEO & Managing Partner of Hashed, praised the innovative approach taken by Team NDUs in developing XOCIETY, while Greg Siourounis, Managing Director of the Sui Foundation, expressed optimism for the game’s future success.