Circle of Games (COG), a platform for casual and skill-based games integrated with play-to-earn mechanics, has secured a strategic investment from two industry leaders: Nazara Technologies and The Hashgraph Association.

The backing from Nazara Technologies, a leading gaming and sports media company, and The Hashgraph Association, the governing body behind the Hedera distributed ledger technology, underscores the immense potential of COG's innovative approach.

Nazara Technologies' Investment

Nazara Technologies' investment in COG holds significant promise, as the company brings extensive experience in eSports, sports media, and technology. Notably, Nazara's recent commitment to investing in Web3 companies aligns perfectly with COG's focus on blockchain-powered gaming experiences, setting the stage for potential synergies and collaborations.

"We are excited to invest in Circle of Games and support their mission to revolutionize the gaming industry through Web3 technologies", said Nitish Mittersain, Founder and CEO of Nazara Technologies. "COG's innovative approach to casual and skill-based gaming, combined with their commitment to true asset ownership and play-to-earn mechanics, has the potential to create a truly unique and engaging experience for gamers worldwide".

The Hashgraph Association's Support: Empowering Web3 Gaming

The investment from The Hashgraph Association, the organization behind the Hedera distributed ledger technology, adds further credibility and support to COG's endeavors. COG's strategic use of Hedera for its transactions and operations highlights the platform's commitment to leveraging cutting-edge blockchain solutions.

Kamal Youssefi, President of The Hashgraph Association, expressed confidence in COG's potential, stating, "We are pleased to further empower the global Web3 gaming industry through our co-investment with Nazara Technologies in Circle of Games. COG's innovative approach to casual and skill-based gaming, combined with their use of Hedera's high-performance and energy-efficient blockchain, positions them as a driving force in the Web3 gaming revolution".

Leveraging Existing Collaborations and Reach

COG's existing collaborations with prominent platforms and communities position the company to capitalize on this investment and reach a vast global audience of gamers. With partnerships spanning Chingari, Solana, Foundership, KGeN/IndiGG, Metarun, TheFishVerse, Ninja Games, and various gaming communities, COG boasts a potential reach of over 500 million gamers worldwide.

"This strategic partnership with Nazara Technologies and The Hashgraph Association places the company in a prime position to exploit the expansive capabilities of Web3 gaming innovations globally", said Rabilal Thapa, CEO and co-founder of Circle of Games. "We are committed to delivering immersive and rewarding gaming experiences that empower players with true asset ownership and economic opportunities."

Multi-Chain Approach and Distribution Infrastructure Network

COG's multi-chain approach, with Hedera serving as the primary mainnet, aims to provide players with greater control and flexibility in their gaming experiences. This strategy aligns with the platform's mission to create an inclusive and accessible ecosystem for casual and skill-based gaming.

A key component of COG's growth strategy is its Distribution Infrastructure Network (DIN), a robust platform designed to streamline game distribution and monetization on a global scale. By leveraging the DIN, COG aims to facilitate seamless access to its gaming offerings, fostering a vibrant and engaged community of players and developers alike.

The Future of Web3 Gaming As the Web3 gaming industry continues to gain momentum, investments and partnerships like this one between COG, Nazara Technologies, and The Hashgraph Association serve as catalysts for innovation and growth. By combining cutting-edge blockchain technology, engaging gameplay experiences, and a commitment to true asset ownership, COG is going to redefine the gaming landscape.

With the backing of industry leaders and a strong focus on leveraging collaborations and community engagement, COG is well-positioned to capitalize on the vast potential of Web3 gaming.