Founded in the USA in 2020 by Turkish entrepreneur Deniz Gezgin, 5X5 Gaming announced that it had raised $1.7 million from its seed funding round. 5X5 Gaming develops NFT games that players from different cultures can enjoy playing.
The funding round was led by Com2uS, Harmony, The Sandbox, and YGG. Participants in the round included investors such as Dialectic Capital, Lucid Blue Ventures, Ed Lu, Michael Vorhaus, and Andrew Chan.
As the name suggests, 5X5 Gaming develops NFT games focused on competitive and social experiences. With $1.7 million from the seed funding round, they will focus on developing such core games.
The company’s ability to produce multicultural games stems from the team’s multicultural members. Headquartered in San Francisco, the company has employees from Los Angeles, Chicago, Mexico, Vietnam, India, and Turkey.
It has been announced that Battle of Kingdoms, the company’s first game that appeals to many cultures, will be coming soon. In the game, we will see NFT characters and historical warrior characters from various cultures -for example, janissaries-. For historical consistency, the company also consults with historians and experts.
Deniz Seyahat, Founder and CEO of 5×5 Gaming, also stated the following in a post on the subject:
“We are super happy and proud to announce our seed funding news. Aside from all the social media posts and tweets, we are doing via 5X5 Gaming channels today, I would like to thank some people personally who helped us get here.”
Deniz Seyahat has experience in NFTs and digital game development. She previously held strategic leadership positions in various organizations. As a former Turkish athletics team member, Gezgin seems to have all the necessary equipment to lead his team and make 5X5 Gaming a success.
