Netcapital's Zelgor acquires Mixie, enhancing Web3 gaming and creator engagement with advanced tools and infrastructure.
Quiver AI Summary
Netcapital Inc. announced that its portfolio company, Zelgor, has acquired Mixie, a blockchain-based platform focused on Web3 gaming and creator media. Mixie offers a comprehensive ecosystem featuring an AI-driven no-code game engine and a media network that garners over 100 million impressions monthly, alongside a model to support early crypto projects. Zelgor's CEO, John Fanning Jr., emphasized that Mixie's technology aligns with Zelgor's objective of creating transformative gaming experiences. Zelgor, known for its media franchise "Noobs," has backing from notable investors and includes team members with successful gaming industry backgrounds. Netcapital serves as a fintech platform facilitating online capital raising and private equity investments.
Potential Positives
- Netcapital's portfolio company Zelgor has successfully acquired Mixie, enhancing its capabilities in the rapidly growing blockchain and Web3 gaming sectors.
- The acquisition of Mixie provides Zelgor with advanced tools, including an AI-powered no-code game engine, which can accelerate product development and market reach.
- Mixie’s existing Web3-native media network boasts over 100 million monthly impressions, significantly increasing Zelgor's visibility and engagement potential in both Web2 and Web3 landscapes.
- The acquisition aligns with Netcapital’s strategy of investing in innovative technologies, reinforcing its position in the digital private capital markets ecosystem.
Potential Negatives
- The press release includes a significant amount of forward-looking statements that warn investors about known and unknown risks, which could lead to uncertainty regarding future performance.
- No concrete financial metrics or details regarding the acquisition of Mixie are provided, leaving investors without important data to evaluate the potential impact on Netcapital's financial position.
- The press release lacks clarity on how the acquisition aligns with Netcapital's overall business strategy, which may raise concerns among investors about the rationale behind this investment.
FAQ
What is the main purpose of Netcapital's announcement?
Netcapital announced the acquisition of Mixie by its portfolio company Zelgor to enhance Web3 gaming and creator media capabilities.
How does Mixie contribute to Web3 gaming?
Mixie provides an AI-powered no-code game engine and a media network for decentralized community engagement and project acceleration.
Who is the CEO of Zelgor?
John Fanning Jr. is the CEO of Zelgor, focusing on transformative game experiences in both Web2 and Web3.
What expertise does Zelgor's team have?
Zelgor's team has experience from successful games like The Sims, Bioshock Infinite, and Dungeons & Dragons Online.
What is Netcapital's role in private capital markets?
Netcapital facilitates online capital raising for private companies and provides investment opportunities through its registered funding portal.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
BOSTON, MA, June 09, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that Netcapital portfolio company Zelgor has completed the acquisition of Mixie, a blockchain-native platform building infrastructure and tools for Web3 gaming, creator media, and decentralized community engagement.
Mixie brings a robust ecosystem that includes an AI-powered no-code game engine, a Web3-native media network with over 100 million monthly impressions, and an accelerator model designed to support early-stage crypto projects. The platform operates at the intersection of creator economies and blockchain finance, providing tools that unify creation, distribution, and monetization.
“We have always strived to utilize cutting edge technology to develop transformative game experiences and enable others to do the same,” said John Fanning Jr., CEO of Zelgor. “Mixie’s technology stack and media reach align perfectly with our goals and provide immediate capabilities to scale within both Web2 and Web3 landscapes.”
To learn more about Mixie, visit
Mixie.AI
To explore Zelgor’s universe, visit
https://zelgor.com
About Zelgor Inc.
Zelgor is an interactive entertainment company creating a virtual universe around its unique media franchise, called the Noobs, an army of outlandish aliens exploring the universe. Zelgor investors include famous venture capitalist Tim Draper, co-creator of Guitar Hero, Kai Huang, and the founders of Napster. The Zelgor team holds real-world experience working on successful games like The Sims, Bioshock Infinite, Dungeons & Dragons Online, and many more.
About Netcapital Inc.
Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company's consulting group, Netcapital Advisors , provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal, Inc . is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.
Forward Looking Statements
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Contact
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