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Mining IO takes the next step towards IPO submitting its Reg. D financing application to the SEC

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Mining IO takes the next step towards IPO submitting its Reg. D financing application to the SEC

December 11
04:09 2021

Meli Games parent company Mining IO, a notable game developer in the United States, has formally submitted its Reg. D financing application to the US Securities and Exchange Commission today, initiating its equity financing and Nasdaq listing plan.

Mining IO is registered in Delaware as an LLC, the company develops and incubates popular projects in the blockchain sector including GameFi, Metaverse, and NFT.

Meli is a large-scale NFT-based two-dimensional battle game incubated by Mining IO.

At present, Meli’s token market valuation has reached over 250 million US dollars with Mining IO’s seed round totalling over ten million U.S. dollars.

The successful launch of Mining IO’s listing application aligns with the widespread demand for GameFi projects in the U.S. stock market. This demand can be quantified through the current negotiations with several SPAC companies to bring Mining IO onto the Nasdaq next year.

Mining IO’s flagship game Meli is already a leader in the NFT GameFi market and on track to become one of the first GameFi companies to also have equity and legal compliance endorsements paving the way for its availability on the Nasdaq.

MELI is a battle game utilising playable NFTs with individual characteristics, referred to in-game as a Meliora. Players have several options when obtaining Meloria, including staking. Named after the Latin word Meliora, which means “better”, MELI aims to make blockchain, DeFi and Gaming better in every way. The goal of Meli.Games is to build a Metaverse where anyone can earn tokens through skilled gameplay and contributions to the ecosystem across various game titles.

MELI was established when the founders saw an opportunity within the gaming space, identifying barriers to entry for casual players and promising to remove them to drive adoption.

Getting to where we are today has been a long and exciting journey. We are delighted to create products that bring “joy” to the faces of our users around the world.

‌We believe that interactive entertainment can be more than just a distraction. With NFT games and the Play-To-Earn model, we can create a society that monetises entertainment in a fair and beloved format.

Media Contact
Company Name: Meli Games
Contact Person: Media Relations
Email: Send Email
State: DELAWARE
Country: United States
Website: https://meli.games

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