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Helika Secures $8M from Its Series A Raise

Pixelmon Secures $8 Million Seed Investment for Web3 Game Development
Venture Capital

Pixelmon Secures $8 Million Seed Investment for Web3 Game Development

February 9, 2024

In a significant move for the Web3 gaming sector, Pixelmon has announced securing an $8 million seed investment aimed at propelling a suite of Web3 games into the next stage of development. This infusion of capital marks a pivotal moment for Pixelmon, a project that launched with substantial fanfare in early 2022 through a notable NFT sale that initially raised funds equivalent to $70 million in cryptocurrency.

Under the guidance of LiquidX and its CEO, Giulio Xiloyannis, Pixelmon has undergone a transformation, not just in its visual and artistic direction but also in its foundational goals and objectives. The project has attracted attention and backing from influential figures in the Web3 and gaming communities. This includes partnerships and collaborations aimed at enhancing the gaming experience, such as developing an open-world survival game that combines elements of adventure and strategy.

The introduction of the Mon Protocol is a key innovation coming out of this new phase, offering a decentralized approach to intellectual property management within the Pixelmon ecosystem. This protocol allows for greater community involvement in the project's direction, offering a blend of creative freedom and financial incentive.

With the latest round of funding, Pixelmon is set to expand its portfolio, focusing not only on game development but also on creating a broader ecosystem that includes merchandise, digital collectibles, and potentially branching into media like animated series and comic books. This holistic approach to building a gaming franchise underscores Pixelmon's ambition to establish a lasting presence in the industry.

 

AOFverse Secures $3 Million in Recent Funding 
Venture Capital

AOFverse Secures $3 Million in Recent Funding 

January 29, 2024

Army of Fortune, popularly known as AOFverse, an upcoming web3 gaming project, has secured $3M from its recently concluded seed funding round led by Animoca Brand. Prior to this funding round, the game received grant funding from the Arbitrum Foundation.

The seed round will augment the studio’s expansion plans and solidify its position as a key player in the web3 mobile gaming industry. Besides Animoca Brand, other venture capitalists and investors include Liquid X Ventures, Chainridge VC, Ticker Capital, Flying Falcon, and BSCN Gaming Ventures.

The gaming platform will not only introduce gaming features but also create deep social connections via gaming. AOFverse believes these are the first steps to massive adoption of web3 technology. Meanwhile, the game studio will unveil the global version of its PvP game, Army of Tactics. Having unveiled the soft launch in October 2023, the game has been downloaded over a million times.

Finally, AOFverse primarily hopes to use this funding to execute full throttle on their roadmap initiatives, aiming to become the go-to web3 mobile gaming ecosystem.


SkyArk Secures $15M From Seed Funding Round
Venture Capital

SkyArk Secures $15M From Seed Funding Round

January 17, 2024

One of the players in the blockchain game development arena, SkyArk Studio has announced a completed seed round of $15M. Among the over 40 investors, Binance Labs led the seed fund round. Notably, the game studio has secured a spot in Binance’s incubation program since 2021. Other notable investors include VividThree, GuildFi Global, Jambo Technology, BreederDAO, LayerZero CEO Bryan Pellegrino, and Tangent Ventures co-founder Darryl Wang.

Banking on its early recognition, the studio has released a captivating SocialFi gaming project called SkyArkVerse. In this game, players are expected to engage in rebuilding a war-torn world, exploring new territories, socializing, and creating their digital realms. 

SkyArk Studio got a place among the top picks from over a thousand applicants in the third season of Binance Labs’ incubator program. Meanwhile, Binance has positioned itself as a leading brand in the blockchain gaming system despite competition from other giants like Oasys, Immutable, Solana, and Polygon.

Guardian Nodes in Pomerium's Web3 Gaming Ecosystem
Blockchains

Guardian Nodes in Pomerium's Web3 Gaming Ecosystem

January 11, 2024

Pomerium, a rising gaming ecosystem in web3, has introduced its Guardian Nodes, offering users a chance to participate in the network's infrastructure and earn rewards in the form of its native token, PMG. But how do these nodes compare to established players like Gala and Myriad? Let's dive in.

Pomerium Guardian Nodes

  • Earning Potential: Single Guardian Node have been seen to generate around 36 PMG tokens daily, translating to roughly $4-$5 at current prices. This translates to a potential payback period of around two years.
  • Limited Supply: Only 10,000 Guardian Nodes are available, potentially leading to increased scarcity and value in the future. About 4,500 supply remains as of January 11, 2024.
  • Low Entry Point: Compared to Gala and Myria nodes, Pomerium's Guardians offer a significantly lower entry price of 2,500 PMG, making them more accessible to a wider audience.  
  • Simple Setup: Running a Guardian Node requires minimal technical expertise. Users can either run the software themselves for 4 hours daily or opt for the Guardian Plus service for automated operation 7 days free, $99/month or $1,000/year.

Pomerium Games

Pomerium's gaming landscape already offers several options to explore before the arrival of four more titles. Pome Run is an endless runner where players collect Pomeranian companions, while Pome Survival challenges you to survive on a hostile planet. For competitive thrills, Pome Rumble offers real-time brawls. These three games are joined by four upcoming titles: Pome Monster, Drill, Station Galaxy, and MetaCell, spanning genres from AR monster battles to interstellar resource management. The variety of games available offers something for every taste, providing potential node purchasers with a glimpse into the evolving ecosystem.

Guardian Nodes in Pomerium's Web3 Gaming Ecosystem

Key Takeaways

Pomerium Guardian Nodes offer an intriguing entry point for those looking to get involved in a newer gaming ecosystem. While the long-term profitability remains uncertain, the low entry price, limited supply, and potential for high returns make them worth considering. However, it's crucial to remember that cryptocurrency investments are inherently risky, and thorough research is essential before making any decisions.

 

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please conduct your own research before making any investment decisions. Remember, conducting your own due diligence and understanding the associated risks is crucial before making any investment decisions.

Age of Dino Secures $8M From Seed Round, Releases PFP Collection
Drops

Age of Dino Secures $8M From Seed Round, Releases PFP Collection

January 4, 2024

Free-to-play next-generation MMO Dinosaur-themed game, Age of Dino has secured a whooping sum of $8M from its recently completed seed round. Following the successful seed round, GamePhilos, the team behind Age of Dino is preparing the Dino PFP Collection. 

Top investors and venture capitalists including Xterio, Animoca Ventures, SevenX Ventures, Chain Hill Capital, Haskey Capital, B1V, and GSR backed the web3 strategy game. 

Age of Dino has a dualized token system that supports the use of $AOD and $DAM. While $AOD serves as a governance token, $DAM functions as a utility token across games. These tokens offer in-game utility; however, $AOD has more advantages compared to $DAM. 

Interestingly, there are two NFT collections within the AOD ecosystem namely Mechpal and Dinosaur NFT. Mechpal has a supply of 3100 NFTs with an opportunity for players to freely mint them on the OpBNB chain. Dinosaur NFT is the upcoming PFP collection attached with several in-game perks including eligibility to receive token airdrop. 

The PFP collection has a total supply of 5,010 NFTs of which only 4,010 NFTs are mintable. These mintable NFTs will be open for minting on January 10. The minting will employ an auction style where the mint price ranges from 0.20-0.59 ETH.

Age of Dino Secures $8M From Seed Round, Releases PFP Collection.png
Matr1x Secures Additional $10M Fund Raise
Venture Capital

Matr1x Secures Additional $10M Fund Raise

December 1, 2023

Matr1x, a renowned NFT gaming company, has secured a significant $10M from its recently completed funding round. The team plans to channel this additional funding into the development of ambitious mobile gaming projects.

Folius Ventures led the funding round, with Seven X, a crypto venture capital firm, playing a pivotal role as a co-lead investor. Other notable contributors included ABCDE Capital, Jambo, Initiate Capital, and Find Satoshi Lab.

In recent months, Matr1x has been actively developing its first-person mobile shooter game, Matr1x Fire. This game features a competitive gameplay style, allowing players to form a five-person team and engage in intense battles. While there are stylistic and gameplay similarities to Riot Games’ popular shooter, Valorant, Matr1x Fire distinguishes itself with unique mechanics. The development team has clarified that Matr1x Fire aligns more closely with CS: GO, emphasizing gunplay and strategic shooting, and deliberately avoiding the inclusion of heroes with special powers or skills. This distinction comes in the wake of similar games like Valorant and NetEase’s Hyper Front facing legal challenges over game mechanics.

Farcana Secures Strategic Investment From Animoca Brands
Venture Capital

Farcana Secures Strategic Investment From Animoca Brands

November 29, 2023

Farcana, a free-to-play third-person PC arena shooter, has received a strategic investment boost from Animoca Brands. This funding will support the United Arab Emirates-based gaming studio's mission to become a leading gaming force in the Middle East and North Africa (MENA) region. Notably, this follows Animoca Brands' recent partnership with Saudi Arabia's NEOM.

Developed on Unreal Engine 5, Farcana has garnered attention for its innovative features, including competitive tournaments and permanent Bitcoin prize pools. It has notably incorporated "Free Mint" Bitcoin tokens, marking itself as a pioneer in the web3 gaming space. With a growing user base exceeding 40,000 players,Farcana's trajectory appears promising, especially following successful initial playtesting in Dubai and plans for upcoming tournaments.

While the specific investment amount remains undisclosed, Farcana plans to allocate a significant portion of the funds towards its beta launch and ongoing development in the Bitcoin ecosystem. The company is gearing up for a token launch and a full game release, expected in early 2024.

Farcana and Animoca Brands Executives Discuss the Strategic Investment

Yat Siu, co-founder and executive chairman of Animoca Brands, commented on the investment, stating, “Having worked closely with Farcana over the past year, we are impressed with its development and traction. Our strategic investment supports Animoca Brands' goal to drive web3 development in the MENA region. As emerging technologies gain momentum here, we are excited to back Farcana's pioneering efforts in this sector.”

Ilman Shazhaev, founder and CEO of Farcana, reflected on the partnership: "Our collaboration with Animoca Brands' advisory team this year has been transformative. By redesigning our tokenomics, enhancing the in-game economy, and refining our market strategy, we've experienced fruitful teamwork. The investment from Animoca Brands is a significant milestone for Farcana. Despite the bear market, we stayed focused on creating a top-tier web3 game and look forward to its launch next year."

Shardbound Secures $5M From Recent Funding Round
Venture Capital

Shardbound Secures $5M From Recent Funding Round

November 16, 2023

Despite the challenging market conditions, Shardbound, a multiplayer collectible tactics game, has successfully secured funding from reputable companies. In its recent funding round, Shardbound raised an impressive $5 million.

Key investors such as BitKraft Ventures, RW3 Ventures, and Sfermion contributed significantly to this $5 million funding. Additionally, the round drew new investors from leading companies like Apple, Disney, Twitch, Electronic Arts, 2K, and Sledgehammer Games.

This funding boost will empower Bazooka Tango, the development team behind Shardbound, to enhance their efforts in crafting a game rich in lore, deep strategy, and intense competition. With the completion of this funding round, Shardbound's total generated funding has reached $9 million.

Shardbound Upcoming Public Beta

Shardbound is gearing up for its upcoming Public Beta. Players interested in early access can pre-register via a link on the game's website, securing their spot in the Beta. Those who pre-register will have the chance to claim an exclusive playable card during the first week of the Beta.

For immediate access upon release, players can create a Passport account. Account creation is available through two methods: either by using an email address or by registering with an Immutable Passport.

MagicCraft Launches $MRCT
Venture Capital

MagicCraft Launches $MRCT

October 26, 2023

MagicCraft, a BSC-based MOBA PVP game, has unveiled its ecosystem token, $MRCT. This utility token is the gateway to all games under the MagicCraft umbrella, and it can be earned directly through gameplay, showcasing the game's play-to-earn paradigm. At present, players can harness two main avenues to acquire $MRCT: the web3-centric Slay-to-Earn Mode and the web2-focused Standard Mode.

The debut of $MRCT epitomizes MagicCraft's dedication to forging a rewarding and sustainable gaming journey for its community. As the game's ecosystem evolves, $MRCT's avenues for monetization are expected to diversify.

Players can effortlessly swap their $MRCT tokens for prominent cryptocurrencies like Bitcoin and Ethereum. Furthermore, the NFT marketplace will accept $MRCT, giving players an enhanced scope to amplify their gains and craft their in-game legacies.

MagicCraft's vision transcends mere gameplay; the team's ambition aligns with the foundational goals of the original game, vowing to nurture its legacy. With forthcoming updates, players can anticipate an influx of novel worlds, heightened gaming challenges, and lucrative $MRCT rewards.

A testament to the game's burgeoning popularity was the MRCTViral challenge. Players showcased their MagicCraft gameplay in video format, competing for a prize pool of $333, which was clinched by a sole victor.

About MagicCraft

MagicCraft marries the acclaimed MOBA genre with a fresh, dual-model approach: free-to-play and play-to-earn. Leveraging the prowess of blockchain technology and its proprietary $MCRT cryptocurrency, MagicCraft is on a mission: to redefine gaming and unify traditional gaming enthusiasts with the burgeoning crypto realm.

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