The Endless Clouds Foundation has announced the launch of an exclusive digital coin. According to the Endless Clouds Foundation, the exclusive $END coin will operate as a premium digital currency within Treeverse, the flagship open-world MMORPG of the platform. The platform took to its official X account to reveal the details of this launch.
Endless Clouds Foundation Introduces $END as Premium Digital Coin for Treeverse
The release of $END by Endless Clouds Foundation focuses on facilitating in-game economies and transfers within the open-world MMORPG game Treeverse. $END is currently live, and major entities hosting Treeverse have integrated it. It provides players with an uparaleled access to an efficient token customized for improved in-game experiences, impending utility expansions, and digital collectibles.
The launch is reportedly backed by a resilient funding round in which up to $6.25M has already been raised. The sources take into account diverse institutional investors as well as notable figures across the gaming and blockchain markets. The prominent bakers inlude IDEO CoLab Ventures and Animoca Brands (a noteworthy Web3 gaming entity). In addition to this, Stani Kulechov (AAVE’s founder), Pudgy Penguins’ Luca Netz, and Sky Mavis’ co-founder Jeff Zirlin are among noteworthy angel investors.
The $END token is not only a transfer token. Rather, it will also play the role of a premium coin to unlock the latest content, future utility, and digital assets in the broadening Treeverse metaverse. In this respect, this development is a critical move to contribute to the growing merger between the gaming and blockchain technologies.
Driving Blend of Blockchain and Gaming Sectors While Focusing on Interoperability and Engagement
As per Endless Clouds Foundation, with the continuous blend of the blockchain technology and the gaming industry, the launch of $END boosts tokenized in-game economies. These economies prioritize cross-ecosystem interoperability and decentralized engagement. Hence, amid the rising growth of Treeverse as an MMORPG that integrates NFTs, the $END coin’s launch enriches player engagement. Moreover, it also attempts to set an exclusive benchmark when it comes to premium virtual coins in the world of Web3 gaming.
