Zebedee, a platform and cryptocurrency wallet that has developed a reward system in bitcoin (BTC) for playing Counter Strike (CS: GO), has closed its Series A financing round. It managed to raise close to USD 11 , 5 million.
The announcement was published on the official Zebedee website this Tuesday, September 7. The statement revealed some of the companies that participated in this financing round, such as Initial Capitals. For this firm, Zebedee was its first investment in projects within the bitcoin and crypto-assets industry .
The investment received, for its part , will be aimed at the growth and scaling of the platform, offering better tools that allow developers to integrate Zebedee into their games or platforms.
The company’s geographical expansion is also foreseen:
We have already created a world-class team of 25 people who work completely remotely from all corners of the world with a single unified mission: to bring real economies to virtual worlds . Now, we have equipped ourselves with the resources to make this happen on a global scale.
Zebedee, virtual payments company.
Among the goals or challenges to be met thanks to this financing round, there are regulatory issues. With the growth of the platform, they could run into regulations that, if not addressed correctly, would impede development. According to the statement, it will seek to increase the capacity to comply with government regulations and provisions.
Zebedee, a platform to earn rewards in bitcoins
The company defines itself on its website as a provider of “virtual payments for virtual worlds”.
Zebedee can consolidate into a revolutionary platform, that uses Bitcoin to create a gaming ecosystem in which it is possible to earn rewards in BTC with payments through the Lightning network . This implementation can be integrated into games already established in the community, such as Counter Strike.
The platform is divided into two structures: wallet and reward system. The wallet integrates the technology of the Lightning network to receive and send payments in BTC instantly and with very low commissions.
The reward system is called Infuse and basically works as a thread that modifies the original experience offered by the game. In this way, gives the option to receive rewards in BTC through the Lightning network .
Counter Strike, one of the established games in which Infuse works, it allows you to earn rewards in BTC, for each enemy killed in the games. This was reported by CriptoNoticias at the time of the announcement of this possibility, in December 2020.
It should be noted that Counter Strike is not a P2E game (play to earn, or play to win) as is the Axie Infinity case. Here we are talking about a platform that allows you to earn BTC if you connect it with various games.
