The funding totaled over $20 million and was raised from supporters like Justin Sun of TRON, as well as multiple other backers.
"BitGuild is at the forefront of blockchain gaming technology, and they stand for everything I believe in. Happy to be part of something that has the potential to change the gaming industry as we know it," states TRON's Justin Sun.
BitGuild aims to solve the inherent problems faced by players and game companies by developing a blockchain platform that tokenizes characters, items, and in-game assets. The players will literally own their in-game inventories, and will be able to trade them, transfer them between different games, and maintain their progress even if a favorite game gets shut down.