Blockchain-based trading card game Splinterlands has just completed a private token in which the company has raised as much as $3.6 million, according to Cointelegraph.
The project has raised the funds through the private sale of its native token SPS, which was originally designed for the Splintershards DAO as a governance token. This means that the token owners have a voice on decisions including sponsored tournaments, rewards and so on.
The participants in the token sale include Animoca Brands, Blockchain Founders Fund, Enjin, the Polygon network,Yield Guild Games, Gate.io, 3Commas Capital and Alpha Sigma Capital, among others.
Curiously, the token sale was completed right when the game reached 150,000 players.