Animoca brands are among the supporters in the procurement of $ 13 million for revolving games

Animoca brands are among the supporters in the procurement of $ 13 million for revolving games

Risk capital funds continue to flow in Gamefi, since investors are still optimistic about blockchain games during the bear market.

The latest publisher of Web3 games, which has completed a seed round worth $ 25 million, is Revolving Games from San Francisco.

The company announced on Friday that it collected over $ 13.2 million from Pantera Capital, Animoca Brands, Polygon and the co-founder of Rockstar Games dan> dan Houser .

Earlier supporters such as Doper Labs, Permanens Capital Partners, Kenetic, Sarmayacar and DWEB3 Capital invested $ 12 million at the beginning of this year.

The financing will be used in the next two years to scale existing recognized franchises and develop games in original IP and AAA quality.

According to an explanation, over $ 12 million have already been spent on the development of publication tools in the past two and a half years, with which web3 games can be started faster and more efficiently.

The brothers and co-Coos of Revolving Games, Ammar and Saad Zaeem, told Blockworks that the game industry "largely of what was successful in free Web2 has been transferred to requirements for access with access restrictions", such as Paywalls and subscriptions.

The players should first invest their time "to ultimately decide whether we have offered the desired experience or not before they put their hard -earned dollars in the support of our games," said the managers.

When asked what it takes to win cryptic players, the CEOs said that "conversion strategies, although they are different in Web3, should be designed to build on what has been working on what has been working for over a decade" and at the same time to concentrate on "seriously fun". and permanent gameplay. “

This announcement follows a partnership with the Blockchain Gaming platform Gala Games and NBCuniversal as well as the unveiling of the first strategy-based Massively Multiplayer Online (MMO) title from Revolving Games-Battlestar Galactica.

Planting the game studio to announce details for a second game, Skyborne Legacy, a role-playing game (RPG) that is to be used later in autumn in the polygon network.

Animoca Brands, an investor in this last round, has developed into one of the largest donors in the Gamefi area and supported over 50 independent Gamefi projects this year alone.

Asia's largest blockchain investment company recently received $ 100 million from Temasek to finance their meta-verse ambitions.

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The contribution Animoca Brands Among Backers in $ 13m Raise for Revolving Games is not a financial advice.