Ponchiqs Announces The Completion Of a $1.7 Million Funding Round

Ponchiqs, the developers of PonchKick, a Telegram-based game, have announced the completion of a $1.7 million funding round.

The financing comes shortly after the platform launched its game, which has drawn more than 1.5 million users. The Play-to-Airdrop (P2A) and Tap-to-Earn (T2A) games utilize the popular TON blockchain. The game has grown remarkably since it was launched a few weeks ago. Its activities on Telegram show a growing trend among blockchain games on the platform.

Ponchiqs Is Set To Expand Its Offerings

Following the funding, Ponchiqs will expand its offerings, including a Ponchips-themed movie, merchandise, a mobile city-building game, and a first-person shooter game for PC.

Ponchiqs is a blockchain-based game that immerses players in a vibrant and whimsical universe packed with formidable creatures called Ponchiqs.

The game combines strategy and creativity, enabling players to play double roles as Ponchiqs trainers and toy designers. The Toy Factory offers an immersive experience as it generates unending narratives and visual content that improve the game’s ecosystem.

The Ponchiqs game is available on the Telegram messaging app as it tries to offer an easier way for users to enjoy their games and earn rewards. It wants to provide a more immersive gaming experience for new and experienced users.

Ponchiqs Raises $1.7 Million For Expansion

Ponchiqs said it reached another milestone after completing a $1.7 million funding round. The platform will use the additional funding to expand the game’s ecosystem. According to Ponchiqs, the plan is to roll out a Ponchiqs-themed movie and develop a first-person shooter (FPS) game for PCs.

The expansion reflects the ever-increasing interest in blockchain gaming as Ponchiqs takes the opportunity to establish itself in the ecosystem. Ponchiqs says the goal is to become a top blockchain and web3 gaming player.

Ponchiqs is also planning to organize a Token Generation Event (TGE) that will begin this winter. The company wants to use the funds to speed up developments across several platforms, support consistent growth, and improve user experience. The platform boasts a solid development team focusing on improving user experience.

The team’s strength and the project’s weight will enhance the web3 gaming ecosystem within Telegram and other social media gaming platforms. The success of the funding round is an indication that the web3 and blockchain gaming space is generating a lot of interest. Ponchiqs aims to bring its blockchain games to the mainstream.