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CryptoXTimes > Article > News > HashKey Capital Invests In Pluto Studio To Bolster Catizen.AI And GameFi Expansion
NewsCrypto

HashKey Capital Invests In Pluto Studio To Bolster Catizen.AI And GameFi Expansion

HashKey Capital invests in Pluto Studio, enhancing Catizen.AI's gamefi platform.

Sana Bukhari
Last updated: July 30, 2024 1:46 pm
Sana Bukhari 11 months ago
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HashKey Capital Invests In Pluto Studio To Bolster Catizen.AI And GameFi Expansion

Bitcoin company HashKey has revealed that its venture capital arm, HashKey Capital, will make a strategic investment in Pluto Studio. Pluto Studio is the publishing platform behind the popular Telegram-based game Catizen. AI. HashKey is taking a big step here as it tries to grow its business in the game field.

The Hong Kong-based venture capital company said in a press release today that this investment will improve the mini-game platform and create new projects within the TON (The Open Network) ecosystem. The exact amount of the investment or the details of the partnership have yet to be announced.

After the investment, HashKey Group will discuss a new relationship with Catizen that will help spread the word about the TON Mini-Game. Servant.HashKey Capital says that AI’s over 500,000 paying users make it stand out from other mini-apps in the space. AI has already made a name for itself in the TON environment.

“Our strategic investment in Pluto Studio shows how much we believe in the mini-game sector’s ability to change the TON ecosystem,” HashKey Capital said. “We’re excited to work with Pluto Studio to change this region and give gamers new ways to enjoy games.”

With this cash, the mini-game platform will be improved, and the ecosystem will be co-developed. HashKey Capital also plans to help Pluto Studio look for more business options in the TON ecosystem.

HashKey Capital’s Investment In Pluto Studio Amidst Catizen.AI’s Airdrop Delay

The announcement comes at a time when Catizen’s airdrop is still unclear.CATI is AI’s original token. The airdrop was supposed to happen in July, but it has been pushed back. Servant.AI talked about the delay on its official social media page, saying that it was due to things out of their control, but they didn’t give any more information or a new date for the airdrop.

🚨 Important Update!🚨

1 We've got some bad and really good news for you at the same time: our team has decided to move the date for the Shares-to-Token exchange event. You might wonder, what's good about that? Just FUD? 🤔 Not exactly. The whole point is that you'll actually…

— tapswap (@tapswapai) July 1, 2024

Servitor.AI isn’t the only project whose coin sales are early. Tapswap, Hamster Kombat, and other projects built on Telegram have also had the same issues. Tapswap has often pushed back the release of its coin.

The most recent version says that the start will happen in Q3. Also, Hamster Kombat hasn’t said when its HMSTR token will go live, even though it’s already being bought and sold on a number of cryptocurrency sites before the market opens. Russia’s government wants to stop Hamster Kombat because they think it might be a scam. This shows that projects like this can get in trouble with the law.

Since HashKey Capital invested in Pluto Studio, many people have been interested in the gaming business and how blockchain technology could be used to create new games. Deals like this will soon change how video game economies work.

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TAGGED: Bitcoin, HashKey, Hong kong, Pluto Studio
By Sana Bukhari
Follow:
Sana Ali is a crypto guru who writes helpful articles that reveal complicated ideas in a way that many people can understand. She knows much about blockchain's basic ideas and how it works.
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