XBorg Sells Out $2 Million Seed Round Community Allocation

(Press release – Dubai, UAE, July 13, 2023)

XBorgWeb3 has developed a collaborative credential infrastructure that allows gamers to create their digital identity and enjoy personalized user experiences within optimized game applications, and has sold its $2 million core community appropriation in record time. The funds will facilitate expansion efforts and adoption of XBorg’s infrastructure and applications to reach millions of gamers and fans around the world.

Prior to the raise, XBorg had collected interest from over 8,300 investors totaling $7 million in concessional obligations, but decided to cap the community allocation at $2 million and keep the remaining $3 million for the venture capitalists, closing the initial round. amounting to $5 million. The $XBG token, expected to be launched at the end of 2023, now stands at a valuation of $50 million.

XBorg Founder and CEO Luis Regis responded: “From day one, we’ve included our community in the development of XBorg because we believe the future of gaming will be built by its players. Dedicating a large portion of our seed round to our community shows our support for this idea. The widespread enthusiasm of our community has gone beyond In the current market conditions all of our expectations and confidence in our vision to disrupt the gaming industry and engage fans show.”

In the coming months, XBorg is launching its first app in partnership with some of the most prominent esports teams in the industry. The current Rocket League World Champion, Team BDS, was the first team to be announced, and there’s a lot more in the pipeline. The XBorg app will enable gamers and fans to build their digital identity, connect meaningfully with their favorite gaming communities, and collect digital items with unique perks that unlock exclusive experiences. By the end of the year, XBorg aims to become the fastest growing gaming adoption infrastructure through its partnerships with Tier 1 esports teams and popular gaming influencers.

Users can already create an XBorg account and see what their complete app looks like here. Users reward early backers in their ecosystem, so they need to make sure they are active participants and refer their friends if they want to take advantage of this.

About XBorg

XBorg is developing a collaborative credentialing infrastructure that allows gamers to create their digital identity and enjoy personalized user experiences within optimized gaming applications. XBorg launches its first app powered by its proprietary credential architecture, in partnership with the world’s largest esports organizations, to scale adoption of its technology to millions of gamers and fans. XBorg is an offshoot of SwissBorg, a crypto wealth management app with over 750,000 users.

For more information about XBorg, visit their site websitefollow them Twitteror join their community on disagreement.