Thoroughbred horse racing fantasy game, Game of Silks has closed its Series Seed 2 round, amassing a substantial $5 million with the participation of a notable group of strategic investors. The blockchain gaming platform intends to utilize these funds to solidify its position as a leader in the emerging blockchain fantasy sports sector and as a blockchain gaming platform for horse racing.
Dan Nissanoff, CEO and Co-founder of Silks expressed, “Securing this funding in such a challenging economic environment is a testament to the potential of blockchain gaming and a recognition of our early success in a space where few companies thrive. In a market where most firms struggle to secure capital, we’ve proven that the category of blockchain fantasy sports is thriving and well-prepared to redefine fan engagement in the sport of kings.”
Before closing Series Seed 2, Game of Silks forged partnerships with prominent industry players, including NYRA, NYRA BETS, Saratoga Race Track, Belmont Race Track, Aqueduct, and FOX Sports’ Americas Best Racing. In addition to these transformative partnerships, the game also teamed up with The Jockey Club, a highly esteemed commercial horse racing organization. These alliances are poised to reshape the landscape of horse racing and digital gaming, addressing numerous challenges in the process.
Why Did Strategic Investors Choose to Invest in Game of Silks?
Duncan Taylor, President/CEO of Taylor Made Sale Agency Inc., the world’s largest thoroughbred racehorse seller and a participant in the recently concluded Series Seed Round 2, explained, “When we look at Game of Silks, we don’t merely see a game; we see a revolutionary platform that heralds the future of horse racing. Investing in this round signifies more than a financial commitment – it signifies our dedication to building a partnership that will reinvigorate and elevate the sport to its glory days when horse racing was the largest spectator sport in the US.”
Another investor, Lloyd Purser, a partner at FunFair Ventures, stated, “We’ve examined numerous Web 3.0 gaming platforms and found Game of Silks to be one of the most innovative and compelling use cases for blockchain technology.”
About Game of Silks
Game of Silks is the pioneering blockchain gaming platform that introduces a genuine world of thoroughbred horse racing, emphasizing authentic ownership, real races, and tangible rewards. Founded in June 2021 by Dan Nissanoff and Troy Levy, the game has rapidly become one of the fastest-growing blockchain games, securing $10 million in capital from investors and amassing a community of over 25,000 enthusiasts.
