Intella X invests $1.5 million in Supervillain Labs

Intella X has made a wise investment in Supervillain Labs, a Web3 gaming studio that possesses a comprehensive understanding of the Web3 space and gaming. It also possesses the required know-how pertaining to the technology associated with blockchain gaming creation. 

The company’s top priority is to expose its audience to thrilling games. Added to that, it intends to bring about a straight connection between game content and user networks, allowing all to create brands of their choice and be rewarded in the bargain. Supervillain Labs uses blockchain technology to control in-game articles that stem from on-chain data.

Intella X is making a calculated $1.5 million investment in Supervillain Labs, which has acquired a total of $4.5 million in funding.  Intella X, along with Aptos Labs, contributed to the seed round by understanding Supervillain Labs’ capabilities. Other companies included Spartan Capital, KIP-CRIT Interactive Contents Fund, and Planetarium Labs.

Through the association, both entities will bring in a new-age gaming space and grow the Intella X ecosystem. Plans are underway to launch and manage a collaborative Web3 initiative, aided by the IC from the Early Retired Cats Club (ERCC), an established PFP NFT collection from Intella X that is making waves on OpenSea and Blur platforms.

According to the CEO of Intella X, Jose Ko, their financial contribution will help Supervillain Labs enhance the blockchain ecosystem and carry out other meaningful initiatives.

In the words of the Co-CEO of Supervillain Labs, Joseph Lee, through the acquired funds, they will work towards the betterment of the Web3 gaming arena.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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