— X-SPACE is a next-generation social entertainment ecosystem platform built for global Web3 users. With blockchain gaming entertainment as its core entry point, the platform integrates community traffic, gaming content, guild systems, live interaction, ranking seasons, and ecosystem value circulation mechanisms. X-SPACE aims to build a Web3 entertainment platform that combines entertainment experience, user growth, community organization, and long-term commercial value.
Unlike traditional single-game blockchain gaming products, X-SPACE places greater emphasis on platform-based operations. By combining SocialFi traffic acquisition with GameFi entertainment scenarios, X-SPACE is designed to guide Web3 users from social interaction into a broader entertainment ecosystem.
Recently, X-SPACE completed an angel round initiated by SPACESTX FOUNDATION, officially launching the global development of its next-generation Web3 blockchain gaming entertainment platform. The angel round amounted to USD 3.5 million, and together with multiple international capital institutions focused on overseas Web3 gaming, crypto investment, and interactive entertainment, X-SPACE has secured a total of USD 9.6 million in joint investment support.
The participating joint investment institutions include BITKRAFT Ventures, Animoca Brands, Shima Capital, Hashed, Delphi Ventures, and others. These institutions have long focused on Web3 gaming, digital assets, blockchain infrastructure, interactive entertainment, and global community ecosystems. Their participation provides important support for X-SPACE in product development, capital resources, overseas market expansion, and ecosystem cooperation.
As a key ecosystem platform promoted by SPACESTX FOUNDATION, X-SPACE is not being built as a single blockchain gaming product. Instead, it is designed as a Web3 social entertainment ecosystem platform for global Web3 users, integrating blockchain gaming entertainment, community interaction, membership identity, guild growth, live content, ranking seasons, and ecosystem value circulation. Through a more complete product structure and operational system, the platform aims to address industry challenges such as short user life cycles, weak community retention, and insufficient platform stickiness in traditional blockchain gaming.
At the strategic partnership level, X-SPACE has entered into an officially authorized strategic partnership with DeBox. As a global Web3 social ecosystem platform, DeBox has publicly reported data covering 20 million registered users, 8 million on-chain users, presence across 120+ countries and regions, 300,000+ active groups, and over 100 million daily interactions. Through this partnership, tens of millions of Web3 users within the DeBox ecosystem will be directed into X-SPACE, providing a strong foundation for user activation, community expansion, and ecosystem growth.
From a platform logic perspective, X-SPACE follows the core development path of SocialFi traffic gateway × GameFi entertainment scenarios. By combining DeBox’s community traffic with X-SPACE’s blockchain gaming entertainment capabilities, the platform aims to move Web3 users from social scenarios into an entertainment ecosystem. Gaming content activates user participation, the membership system supports long-term user rights, the guild system amplifies community growth, live interaction and ranking seasons enhance platform activity, and the X ecosystem token supports value circulation.
From an industry perspective, Web3 gaming is moving beyond the early single Play-to-Earn model and entering a new phase of platformization, community-driven growth, and entertainment ecosystem development. In the past, blockchain gaming competition centered mainly on individual games and short-term incentives. In the next phase, the core competitive advantage will come from a platform’s ability to integrate traffic, content, user relationships, identity systems, and ecosystem value. X-SPACE’s advantage lies in its ability to integrate traffic entry, entertainment content, community organization, and value circulation into a continuously operating platform model.
Following the launch of this financing round by SPACESTX FOUNDATION, funds will be focused on platform technology development, product system construction, gaming content integration, DeBox community traffic onboarding, global market activation, guild network development, and ecosystem partnership expansion. Through the coordination of capital, traffic, technology, and ecosystem resources, X-SPACE has formed a complete development path from foundational infrastructure to global expansion.
The participation of joint investment partners further strengthens X-SPACE’s strategic layout in overseas markets. BITKRAFT Ventures has deep resources in gaming and interactive entertainment; Animoca Brands is a major participant in the global Web3 gaming and digital asset ecosystem; while Shima Capital, Hashed, and Delphi Ventures bring long-term experience in crypto investment, Asian markets, Web3 infrastructure, and ecosystem research. The collaboration of multiple capital partners is expected to provide stronger industry endorsement and resource support for X-SPACE’s global expansion.
At this stage, X-SPACE’s strategic capital foundation has been initially established: SPACESTX FOUNDATION provides foundation-level initiation and long-term value management; DeBox provides a global Web3 community traffic gateway; joint investment institutions provide capital resources and international market support; and X-SPACE is responsible for the platform implementation and operational development of the Web3 entertainment ecosystem.
With financing completed, strategic cooperation in place, and global resources now aligned, X-SPACE is evolving from a blockchain gaming entertainment entry point into a Web3 social entertainment ecosystem platform. Looking ahead, X-SPACE will continue advancing product development, global guild networks, gaming ecosystem matrices, live interaction systems, open cooperation interfaces, and the X ecosystem token value system, building a Web3 entertainment traffic value ecosystem for users worldwide.
X-SPACE is using capital as its starting point, traffic as its gateway, and entertainment as its core scenario to push the Web3 social entertainment ecosystem into a new stage of development.
Contact Info:
Name: Emma Thompson
Email: Send Email
Organization: SPACESTX FOUNDATION
Website: https://xspacegroup.com/
Release ID: 89197906
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