Korea Finance Reports $55 Million Raised by (T1 Entertainment & Sports) and ITSBLOC to Build Blockchain Project Faker, led by Bain Capital Crypto and Polychain Capital]
On October 20, Fake Foundation team Concier announced the completion of a $55 million Series A and B round of funding, led by Bain Capital Crypto and Polychain Capital, with participation from Placeholder, Galaxy, Delphi Digital, Blockchain Capital and a series of angel investors. A person familiar with the matter revealed to Coindesk that ITSBLOC became a unicorn in the chain game industry valued at $200 million.
At the same time, November 6 will usher in the 2022 League of Legends Global Finals, at 8 a.m. Beijing time on November 6, T1 and DRX will meet each other! If T1 wins and becomes the first quadruple team in the history of the S competition, ITSBLOC spokesperson said that it will issue Faker project tokens at the same time as the finals, with the help of the popularity of the event, jointly help Faker win the global championship, in the future, ITSBLOC will mainly explore the development of sports competition and digital sectors, including well-known sports stars NFT hairstyles chain game IP to create a meta-universe and other sports industries, and complete a new global digital sports platform.