PILLZ LAUNCHES NFT WEARABLES OF THE FUTURE: PHYGITAL STARTUP FUNDED BY XSOLLA MERGES WEB3 WITH REAL WORLD

LOS ANGELES, Jan. 17, 2023 /PRNewswire/ -- Pillz, pioneer of wearable devices for NFT collectibles and NFT gaming, has raised a pre-seed round from industry-leading Xsolla, the gaming payment platform founded by Aleksandr "Shurick" Agapitov that is used by developers to create, monetize, and scale video games globally.

Pillz is an extension of a digital identity - the device makes NFT collectibles and NFT games tangible, so users have a deeply immersive experience interacting with their NFTs in physical reality. Users can upload their NFTs to Pillz without transferring the token to the device, requiring verification of its ownership.

Wearables of the future are phygital: Pillz enables people to wear their NFTs as an accessory – whether it is a necklace, bracelet, keychain, or anything else. The leading fashion and jewelry brands can collaborate with Pillz to create limited NFT collections and produce unique accessory designs.

The device's functionality allows users to interact with characters from NFT games. Pillz presents its own game – featuring an environment to breed, grow and progress digital pets unique to each device.

"Pillz represents what I always look for in teams - a passion for changing the world and a vision to do it. The next evolution in web3 is happening in hardware, and I'm happy to be a part of it with the team at Pillz," Aleksandr Agapitov, Xsolla founder and Pillz Board of Directors member, said. "Together with our strategic partner Xsolla, we are laying the foundation for web3 infrastructure, merging digital with physical." Marat Saakyan, CEO of Pillz, added.

Furthermore, 2023 will see an SDK for developers worldwide to create original content for the device. Any existing NFT game may also get an additional dimension of gaming mechanics with Pillz.

Pillz aims to be the leading phygital ecosystem for people to interact with their NFTs in real life, extending their digital identity. Pillz will launch sales in Q2 2023 following a beta-release of 100 devices dropped earlier in December 2022, available for secondary sales at market.pillz.tech.

For additional information and to learn more, please visit: pillz.tech
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About Pillz
Pillz Inc., funded by Xsolla, developed a wearable device for NFT-collectibles and NFT-gaming, making them tangible so users have a deeply immersive experience interacting with their NFTs in physical reality. Pillz enables people to wear their NFTs as a phygital accessory – no matter whether it is a necklace, bracelet, keychain or anything else. The functionality of the device also allows users to interact with characters from NFT games – Pillz presents its own game with possibilities to breed, grow and progress unique digital pets. Developers from all over the world will be able to create content with the Pillz SDK as well. Pillz aims to be the leading phygital ecosystem for people to interact with their NFTs in real life, extending their digital identity. For additional information and to learn more, please visit: pillz.tech

About Xsolla
Xsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla's mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue and create relationships with gamers worldwide. Xsolla is headquartered and incorporated in Los Angeles, California, with offices in Berlin, Seoul, Beijing, Kuala Lumpur, and cities around the world. Xsolla supports major gaming companies like Valve, Twitch, Roblox, Ubisoft, Epic Games, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, Pearl Abyss, NCSoft, and more.  For additional information and to learn more, please visit: xsolla.com

SOURCE Pillz