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Following R&D tax credit rejection, Dogami in “strategic negotiations” to sell game, assets and ecosystem

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Persevering with the pattern of blockchain recreation firms struggling to keep up exercise, French mission Dogami has introduced it’s entered into “confidential discussions with a number of events, each inside and past the web3 ecosystem” to try to guarantee its future.

The transfer follows what it says has been the rejection of “a seven-figure R&D tax credit score” by French authorities as a result of its use of blockchain.

The corporate is interesting this resolution however doesn’t anticipate a authorized resolution till 2026, which can be too late for Dogami to proceed operations.

So, as a way to keep away from the form of fast shutdown that’s hit video games akin to Ember Sword, the dad or mum firm chargeable for Dogami’s model and recreation growth – French outfit Komodor Studios – has entered a court-supervised restructuring receivership, as it really works to discover a purchaser.

Nonetheless, Dogami Sàrl, the Swiss firm which operates the mission’s staking, NFT market and different neighborhood providers stays absolutely operational, one thing that’s anticipated to continued till a minimum of the tip of July 2025.

Within the meantime, Komodor Studios says it’s “exploring strategic partnerships or an acquisition of the IP and belongings: recreation code, digital belongings, model ecosystem & the Dogami Sàrl”.

Any events, whether or not recreation studio, IP aggregator, DAO, web3-native platform or web2 media firm, can show their curiosity through https://dogami.typeform.com/takeover.

Initially launched on the Tezos blockchain, Dogami has since expanded its digital pet universe to Polygon, additionally launching three cell video games, a canine NFT assortment consisting of 25 totally different breeds, and its DOGA token.



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Tags: assetscreditdogamiEcosystemGamenegotiationsrejectionsellStrategicTax
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