French startup Dogami raises $6 million from Ubisoft and other investors.
Presentation of Dogami
Dogami is a play-to-earn mobile game, where you adopt and raise your 3D dog and earn DOGA tokens in the Petaverse. Co-founded in mid-2021 by Max Stoeckl, Bilal El Alamy, Adrien Magdelaine and Kristofer D. Penseyres, the team is already made up of over 30 people, including art director Gregory Magadoux (formerly of Ubisoft).
The fundraising saw participation from Ubisoft, Animoca Brands, The Sandbox co-founders, XAnge, Blockchain Founder Fund, Ghaf Capital and Draper Goren Holm. Nicolas Pouard, vice president of Ubisoft’s innovation lab, said:
At Ubisoft, we believe that blockchain is a key to the future of the video game industry, bringing new possibilities for gamers and developers alike.
In addition, Dogami paves the way for access to the “Petaverse” where players can adopt and raise their canine companion in 3D. Most importantly, Dogami is one of the first play-to-earn projects on Tezos (XTZ).
Players who enter the Petaverse will be able to train and play with over 300 dog breeds. Each breed has unique characteristics and offers a slightly different user experience. The interaction between players and virtual pets is done through the mobile app.
Dogami chooses Tezos blockchain
Currently, most NFTs projects have been launched on Ethereum (ETH), including CryptoPunks, Bored Apes or Loot. But Dogami has chosen to launch its NFTs on the Tezos blockchain (FA2 token standard). So, how to explain this choice?
Unlike proof-of-work based blockchains like Bitcoin (BTC) or Ethereum, Tezos’ Proof-of-Stake (PoS) requires much less energy and runtime costs, making the protocol the ideal alternative for creating and launching greener applications.
In fact, Tezos is based on a consensus that requires much less energy to run than its competitors. This is a major element that makes it an ideal platform for creating NFT projects that prioritize innovation, sustainability and accessibility.
As a result, Dogami fans will be able to trade NFTs and play without spending several thousand dollars. Recently, singer Doja Cat also opted for Tezos, highlighting its greener side. She stated:
I don’t know much about NFTs. But what I do know is that they can be bad for the environment and cost a fortune. Mine won’t.
Specifically, Tezos uses a validation consensus called Liquid Proof-of-Stake (LPoS) and XZT miners are called “Bakers”. Thus, this validation consensus derived from Proof-of-Stake does not require a mining machine and does not consume energy.