Nexus raises $10M for CROSS with equal token pricing for all buyers
What's the deal? Nexus, the South Korean company behind blockchain gaming platform CROSSDealroom has a profile for this one. Try Dealroom →, has raised $10 million in a private token sale. It sold 100 million tokens — 10% of a planned 1 billion supply — at $0.10 each.
What's different? That $0.10 price will hold for the upcoming public sale, meaning early private buyers get no discount. It breaks with a crypto norm where private investors typically enter at cheaper rates.
In their words: "It's fair that passionate early investors pay the same, whether private or public," said Nexus chief executive officer Henry Chang in a statement on X.
What's the endgame? CROSS is building infrastructure for in-game economies. Nexus points to its developer software development kit (SDK), API, and framework for building games as its main draw.
The signal: The $10 million raise sits in the lower tier of token rounds by size, and the flat pricing is Nexus's bid to stand out on trust rather than scale. In a crowded blockchain gaming market, that fairness pitch is the differentiator it is testing ahead of the public sale.
Read more: londonnewstimes.com
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