• Animoca Brands Receives Unicorn Status by Raising US$88.8 Million

    Animoca Brands, the leading blockchain game distribution and venture capital company, has entered into the unicorn category after raising US$88.8 million in a funding round led by investors like Kingsway Capital, HashKey Fintech, SNZ, Octava, RIT Capital Partners, and many others. The latest funding brings the company valuation to US$1 billion. The funding took place […]
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  • Immutable Raises $200M to Bring Blockchain Gaming to the Masses

    After raising funding at a valuation of $410 million in 2021, Immutable just raised $200 million in the Series C funding round bringing the company’s valuation at $2.5 Billion. Several big investors participated in this round, including Tencent and Animoca Brands.  Immutable has recently raised $20 million funding in a Series C funding round that […]
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  • Mechanism Capital launches $100M Gaming Fund

    The firm announced a $100M Gaming Fund to support play to earn games. It previously invested $100M in over 20 projects including in blockchain games like Star Atlas, Ember Sword, Yield Guild Games, and Merit Circle. What is Mechanism Capital Mechanism Capital is an investment firm mostly focused on DeFi. After some early-stage investments in […]
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  • Trading Card Game Parallel Raised $50 Million Funding

    The upcoming trading card game Parallel will try to find its audience using a science-fiction theme, and recently found financial backing. The developers raised $50 million to build their game at a $500 million valuation. Parallel taps into a fantasy storyline about humanity’s escape into space following an apocalyptic attempt to resolve the global energy […]
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  • Sorare Looking to Move into Other Sports

    The fantasy football game Sorare received $680 million through a Series B funding round, and will use that funds to not only grow the fantasy football game but also to add more sports to their NFT ecosystem. Furthermore, they announced to accelerate the development of a mobile-first experience, while promising to bring the top 20 […]
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  • Blankos Gets $75 Million Additional Funding

    Mythical Games, the studio behind the upcoming blockchain-powered game Blankos Block Party, has received another $75 million in funding. This brings the total of their funding to $120 million. If that entire budget would be put in the development of one game, we’d be talking about AAA budgets. However, the funding isn’t for Blankos Block […]
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  • Animoca Brands Now Valued at $1 Billion

    Animoca Brands, the company behind blockchain-powered games like The Sandbox and F1 Delta Time, is now valued $1 billion, after raising $88,888,888 in funding. They received funding from venture capital groups and investors, including crypto exchange Huobi and NFT fund Metapurse. The company is planning to use the funding for further aggressive expansion in the […]
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  • Planetarium Gets $2 Million Funding for Serverless Games

    Planetarium, the company behind the on-chain online role playing game Nine Chronicles, has raised 2 million dollars in funding from South Korean internet company Naver. They will use the money to enhance their open-source, serverless, blockchain technology for online games, as well as continue development on their online role playing game Nine Chronicles. Nine Chronicles […]
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  • Matic To Fund Mini-Games for Decentraland

    The Matic Network is partnering up with Decentraland to financially support developers that want to make mini-games for inside the virtual world. A total of 100 thousand dollars worth in MATIC or MANA will be made available, and each creator could get a grant of 6 thousand dollars maximum. In addition there are prizes based […]
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