NXI (ex. Nexus Interactive)
Nexus Interactive project overview
The GameFi narrative — one of the most promising directions in Web3. It is through games that new users enter the crypto industry, facilitating the mass adoption of cryptocurrencies. Often, the lifecycle of tokens in most play-to-earn games is very short, which is why, as investors, we prefer to choose more stable, infrastructure-oriented GameFi projects.
Nexus Interactive — entertainment and gaming Web3 ecosystem with its own development studio and Web3 publishing house, focused on launching GameFi projects.
The main directions of the project are:
Nexus Play
The internal Nexus Play Web3 game development studio creates virtual worlds with unique game mechanics and GameFi economies. The studio has already built gaming communities with 100k members, generating revenue of $1.8 million. Nexus Play plans to release several new games in popular genres.
The first product from the studio, Questing Realms, has already been played over a million times, and their flagship project, Everdawn Champions, became the most popular game on the Elixir platform during closed beta testing. The open beta testing of Everdawn Champions is set to begin in Q3 2024. All games developed by Nexus Play will utilize the $NXI token, ensuring its liquidity within the Nexus Interactive ecosystem.
Nexus Build
The Web3 publishing arm, Nexus Build, provides support to outstanding developers and launches gaming projects using the Nexus Interactive ecosystem and $NXI token.
Developers receive assistance from the experienced Nexus Build team in designing their virtual worlds and promoting their games. Nexus Build offers strategic consultations, marketing plans, and connections with industry leaders to help emerging developers.
Initial agreements with developers launching their projects have been reached, and the game titles have already been published.
New opportunities for developers will open in Q4 2024, expanding the Web3 publishing house's access to other forms of digital entertainment, such as virtual reality and educational gaming projects.
All products launched with Nexus Build will utilize the $NXI token, ensuring its liquidity within the Nexus Interactive ecosystem.
Nexus Share
This is a comprehensive referral program, supported by the community, that helps develop the Nexus Interactive ecosystem. It also features a user service integrated with AI, allowing regular users to create high-quality gaming content, which they can share through Nexus Share or sell for $NXI tokens.
All these activities aim to foster ecosystem growth and enhance user engagement.
The first such activity will be based on the game Everdawn Champions, where the user community will create game maps with unique designs, illustrations, and narratives.
The goal of Nexus Share — to double the community size and platform revenue through such initiatives, with minimal marketing costs.
Team
The Nexus Interactive team comprises developers with extensive experience working at successful publishing companies and top-tier (AAA) game studios like EA, Pandemic, Rockstar, and Activision. They have also led the development of renowned Web3 games, such as Gods Unchained and Splinterlands.
- Liam Bacon — founder and CEO.
Previously founded KUP, specializing in AI-based e-learning game apps for iOS and Android. Also provided strategic guidance for several Web3 games, crypto exchanges, and SocialFi projects.
https://uk.linkedin.com/in/liambacon0 - Rich Robinson — member of the executive and advisory board.
Founder of 8 companies with over 30 years of experience in the gaming industry. Previously founded and managed a successful gaming studio, later sold for $40 million.
https://id.linkedin.com/in/richardrobinson - David Johansson — member of the executive and advisory board.
Blocklords and MetaKing Studios, leading Web3 game studios backed by Bitkraft, Delphi Digital, Makers Fund, Spartan, Coinbase, and other top investors. Previously founded several successful Web2 gaming studios.
https://se.linkedin.com/in/david-johansson-25a2614 - Liam Labistour — business development director.
Worked as Business Development Director at Splinterlands for over 2 years, growing their user base to 500,000 active users, making it the number 1 game by user count for 2 years. Also advised several other Web3 projects, expanding their user bases.
https://www.linkedin.com/in/liam-labistour/ - Lee Snodgrass — product director.
With over 15 years of experience in developing multiplayer online games and software products, he was formerly the Managing Director at Driven Arts Studio. He also has extensive marketing experience, having attracted over 20 million subscribers to his YouTube channel, Pencilmation.
https://www.linkedin.com/in/lee-snodgrass-886ba826/
The project has close ties with two companies (Dverse&Inferno Labs and Animoca Brands), whose teams are integrated into Nexus.
- Dverse&Inferno Labs — leading Web3 team for market entry and development, launched the token for the popular GameFi project Farcana, which peaked at a valuation exceeding $1 billion.
- Animoca Brands' tokenomics development team has worked with many industry leaders. They designed tokenomics for Nexus and continue to provide adviser services.
Investors
Key investors of the project — two top-tier funds: Jump Crypto and Animoca Brands.
- Jump Crypto — digital assets division of the trading company Jump Trading. This Tier-1 fund was established in 2015 and focuses on investments in DeFi, blockchain services, and infrastructure. Jump Crypto emphasizes developing and building the internal infrastructure of the projects it chooses. The fund selectively invests in projects with a thorough selection process. Portfolio includes Hashflow, Aptos, KuCoin, Mysten Labs, and Sei Labs.
- Animoca Brands — venture fund that built its capital through investments in crypto games like Axie Infinity, The Sandbox, and CryptoKitties. Besides gaming projects, it's also the lead investor in the well-known NFT marketplace OpenSea.
Animoca Brands is a developer of mobile games, applications, and various educational products. The company has been included in the Financial Times' list of the fastest-growing firms in the Asia-Pacific region, with a valuation exceeding $1 billion.
Animoca Brands became the lead investor in Nexus Interactive, marking one of its largest investments in recent years. Representatives from the fund joined the Nexus project team, developed its tokenomics, and actively assist and consult with the leadership of Nexus Interactive.
Token Utility
$NXI token — primary currency for user purchases across all games within the Nexus Interactive ecosystem. By using $NXI, players can buy in-game currencies at a discounted rate.
Players can use $NXI tokens for the following purposes:
- premium game asset sale events;
- in-game assets in the Nexus store;
- character and account upgrades;
- seasonal passes and subscriptions;
- participation in competitive tournaments;
- loot boxes with random rewards.
Revenue generated in fiat currency from platforms — Steam, iOS, and Google Play — reinvested to add liquidity to the ecosystem and increase the $NXI token's value.
Additional ways to utilize the $NXI token include:
- gamified staking
- access to AI tools for creating user-generated content
- trading game assets on the Nexus marketplace
- participation in partnership programs
- governance token for management and voting
Tokenomics
- Token ticker: $NXI
- Total supply: 1 billion
- Network: Base / Ethereum
- Our round: Private (project valuation in this round: $30 million)
- Token price: $0,03
- Conditions: 10% unlock at TGE, 4-month cliff, followed by linear unlock over 10 months.
- TGE: Q4 2024
The token will be listed on ByBit, KuCoin and Gate exchanges.
GSR will act as the market maker of the project.
Social networks & links
🌐 Website: https://www.nexusinteractive.io/
💻 Documentation: https://nexusinteractive.gitbook.io/nexus-interactive
💻 X(ex.Twitter): https://x.com/Nexus_NXI
💻 Discord: https://discord.com/invite/D4qBJEHee7
💻 Everdown Champions: https://x.com/EverdawnChamp
Why Nexus Interactive is selected for #portfolio_InsiderClub?
- High demand in the chosen direction:
• According to DFC Intelligence, there are about 1.86 billion PC gamers worldwide, growing annually by > 1.5% (around 30 million users per year).
• As per Grand View Research, the global blockchain gaming market was valued at $4.83 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 68.3% from 2023 to 2030.
- Strong team:
• The team has experience in top-tier (AAA) game studios such as EA, Pandemic, Rockstar, and Activision. For instance, Electronic Arts (EA) earned $7.56 billion in net revenue in Q3 2024, while Rockstar made $1.20 billion in net profit from their top three games.
• Web2 and Web3 development valued at millions of dollars: Rich Robinson founded and led a successful game studio, later selling it for $40 million.
- Support from top funds: Animoca Brands and Jump Crypto. Animoca Brands not only invested but also developed the tokenomics for the project and joined the Nexus team.
- Favorable vesting: the project valuation will increase 1.5 times to $45 million by the Public Sale.
- Upcoming launch: TGE is scheduled for Q4 2024.