Web3 game developer Revolving Games raises $25M
- September 9, 2022
- 0
The Block writes that the Revolving Games team involved in the creation of Web3 games has raised more than $25 million. In the pre-start round, the project received
The Block writes that the Revolving Games team involved in the creation of Web3 games has raised more than $25 million.
In the pre-start round, the project received $12 million, while Pantera Capital, Animoca Brands, Polygon, Dapper Labs and former Rockstar Games creative vice president Dan Houser provided $13.2 million as part of the kickoff round.
Revolving Games will fund its products over the next two years.
ForkLog previously reported that Limit Break had raised $200 million to bring Web3 elements to the Free-to-Play model.
According to a report by DappRadar and the Blockchain Game Alliance, investments in blockchain gaming projects amounted to $2.5 billion in January-March.
Recall that Web3 game publisher Xterio received $40 million from FunPlus, venture capital firms Makers Fund and FTX Ventures, and the XPLA platform.
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Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
