Gabriel Leydon, the founder and former CEO of Machine Zone, the mobile gaming studio behind Game of War and Mobile Strike, has raised $200 million for a new blockchain start-up called Limit Break. Gabriel left Machine Zone in 2018 to explore the Web3 domain and sold the company to AppLovin in 2018 for $600 million. […]
According to Chainplay’s 2022 GameFi report, 3 out of 4 investors worldwide are joining crypto and the blockchain movement because of GameFi, and 68% got involved less than a year ago. Footprint Analytics and Chainplay both released new reports to investigate how investors and players are reacting to the downturn of the crypto markets. Chainplay’s […]
As they prepare for the next phases of their economy, including Habitat upgrades and KI token generation, the Genopets team announced a strategic partnership with Samsung Next, a tech investment division of Samsung. We weren’t provided with details of the deal, but Samsung Next did go so far as to write up a blog post […]
To support the worldwide play-to-earn guild ecosystem, Animoca Brands and Brinc have created a new $30 million Guild Accelerator Program. Each guild approved into the program will get up to $500,000 in investment from the corporations. Highlights from the Press Release On February 14th, 2022, Animoca Brands and Brinc announced their plan to release the […]
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 […]
Blockchain video game studio Blockade Games has received a $5 million investment from Animoca Brands and various other investors to expand the Neon District universe. The team plans to add new in-game functionalities and introduce new assets into the ecosystem. At the moment Neon District exists as a tactical turn-based cyberpunk RPG on the Polygon […]
Mythical Games has raised $150 million in a Series C investment round let by a16z, giving the gaming company unicorn status with a valuation of $1.25 billion. Aside from the investment group Andreessen Horowitz, crypto exchanges FTX and Binance also backed the game company. The latest investment brings the total amount raised to more than […]
The virtual real-estate game Upland has raised $18 million at a $300 million valuation through an investment round led by Animoca Brands. Upland wants to use the funding to speed-up their roadmap and deliver new features a lot faster. They also want to bring more corporations into the virtual world of Upland. Animoca Brands itself […]
The Sandbox has raised $93 million through a Series B investment round led by SoftBank Vision Fund 2, which will help the project to stimulate growth. They will use the funding to grow their development team, support content creators and involve more brands and IPs. The Sandbox already partnered with mainstream brands like The Walking […]
Blockchain gaming company Animoca Brands has raised a $65 million investment from video game company Ubisoft and various investors, including Tron founder Justin Sun. With this investment Animoca Brands would be valued at $2.2 billion, making it one of the most valuable companies in this blockchain gaming space. We’ve seen Animoca Brands as an investor […]
