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Samreen Ahmad · · 1 min read

Vietnam’s Appota Group backs NFT game project

NFT game project Slime Royale has received strategic investment and incubation support from Vietnam-based entertainment firm Appota Group.

The investment will be used to establish Slime Royale with a long-term vision of bringing blockchain tech closer to everyone. Meanwhile, the gaming project said that the incubation will help it access Appota Group’s ecosystem of more than 50 million users.

Slime Royale combines gameplay and the decentralized financial model, allowing players to earn money through the game. The gameplay involves raising creatures called Slimes that are used for battling and tournaments.

The project will cap NFT tokens at a minimal quantity to protect the NFT economy and Slime owners from inflation. Slime Royale will release only 10,000 Purity Slimes, which are the first Slimes of the game. Owners of the Purity Slimes will create all of the other Slimes that will be used in the platform.

See also: These are the most active investors in Vietnam’s startups

Editing by Miguel Cordon and Lorenzo Kyle Subido

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TIA Writer

Samreen Ahmad

I write on start-ups, tech and all things that impact them. Reach out to me at samreen@techinasia.com.