Dollars are pouring into blockchain gaming as just last week three different companies raised over $200 million combined. This recent financial activity represents a new wave of confidence and interest in the burgeoning sector. Companies such as Mythical Games and Forte are leading the charge on this front. This tremendous amount of new capital will help drive innovation and development across the blockchain gaming ecosystem. Additionally, it will accelerate development and improve experiences for users.
Scytale Digital just led a $20 million round in Mythical Games. With this financial backing, Mythical Games hopes to strengthen their work toward building the most immersive, engaging, blockchain-enabled gaming experiences. This investment is a testament to their confidence in Scytale Digital’s vision for how blockchain technology can disrupt and transform the gaming industry.
Forte’s story of success continued, raising $185 million in a Series A funding round. This major capital infusion will allow Forte to continue expanding its blockchain gaming platform. This new platform provides developers the keys to the kingdom. It gives them the infrastructure needed to easily implement blockchain technology within their games.
Vermillion has raised $7 million in funding to further develop its F2P social party game, Forgotten Playland. This funding will enable Vermillion to take the game’s features further and reach a wider audience through a broader range of platforms. Forgotten Playland is focused on providing a different kind of social gaming experience that benefits from blockchain technology.
Since then, Anichess has received a total of $1.8 million in follow-on funding. This comes on the heels of a $1.5 million pre-seed round in June 2023. The new capital will help Anichess continue growing its blockchain-based chess platform.
Blockade Games $5 million Series A led by Lumikai Fund at a valuation of $23 million. This investment will allow Blockade Games to grow its portfolio of exciting blockchain based games. The company envisions a future of gaming experiences built on that innovation that blockchain makes possible.
STYLE PROTOCOL has received $2.5 million in seed funding. This funding will allow Style Protocol to further build out their platform for digital fashion across the metaverse. Their ultimate goal is to enable users to design, buy, and sell digital fashion goods for use in multiple digital spaces and experiences.
Dapper Labs, before the open beta launch of NBA Top Shot, completed an $11.4 million round. Soon after, Dapper Labs went on to raise $250 million at a reported $7.6 billion valuation. These other funding rounds only serve to underscore the massive interest in what Dapper Labs is building with their blockchain-based collectibles and gaming experiences.
NPC Labs previously announced $18 million in seed funding. This investment will support NPC Labs in developing its technology for creating and managing non-player characters (NPCs) in blockchain games. The company’s mission is to make game worlds more immersive and interactive.
Tarta Labs, creators of Tacocopter, has announced that they’ve raised $4.5 million in a pre-seed funding round. This equity investment will allow Tarta Labs to scale its blockchain gaming infrastructure. The company’s mission is to provide tools and services that make developing blockchain games faster and easier.
Sorare recently completed a $50 million Series A funding round. This latest capital injection will allow Sorare to grow its unique fantasy sports platform. On Sorare’s online platform, users can collect, trade, and play with digital player cards.
Horizon Blockchain Games announced their $40 million Series A funding round. This funding will allow Horizon Blockchain Games to double down on blockchain gaming ecosystem development. The company is dedicated to building better tools and services that help developers build amazing games and players be their best.
KGeN has most recently secured $10 million from an ecosystem funding round. This investment will help KGeN accelerate the development of its blockchain gaming platform. The platform’s overall goal is to arm developers with the resources and guidance they need to build and release successful blockchain games.
DMarket has already raised $6.5 million in capital from Almaz Capital and Xsolla. This funding will enable DMarket to further develop its marketplace for in-game items and NFTs. The new platform is intended as a trusted, efficient, and transparent marketplace for users to purchase, sell, and trade digital assets.
Complimenting the enormity of that $150 million investment by Scytale Digital into Mythical Games, there is further acknowledgment of the immense transformative benefits of blockchain into mainstream gaming. Mythical Games is leading the charge, building empowering experiences where players actually own their in-game assets and can reap the rewards. These digital assets are uniquely secured on the blockchain, giving transparency and control back to the creator.
That funding will allow Mythical Games to continue iterating on its platform and increasing the portfolio of games available on it. By combining blockchain technology with traditional gameplay, Mythical Games wants to develop more engaging and rewarding experiences for players. This is partly a result of the unique characteristics of web3, like play-to-earn mechanics and decentralized governance.
Forte’s successful Series A funding round is a further testament to the growing need for a strong blockchain gaming infrastructure. The $185 million raised will be pivotal in accelerating Forte’s platform to serve the needs of global markets at scale. This platform makes it easy to add blockchain technology to any game. That opens up the technology to many more developers outside of just tech-savvy coding types.
Forte’s industry-leading platform gives developers the power to build deeper value into their digital assets, create safer, richer transactions and explore new game mechanics. By taking the friction out of the equation with blockchain tech, Forte lets developers focus less on technology and more on gameplay experiences that will captivate users. This in turn fuels the growth of blockchain gaming.
Vermillion’s $7 million funding round for Forgotten Playland is just one example of the increasing interest and growth in social blockchain games. The vision is to create an F2P MMORPG experience that combines the social element of gaming with blockchain-enabled play-to-earn mechanics. This funding will go to accelerate the refinement of the game’s features and growth of the player community.
We wanted Forgotten Playland to be fun and easy for everyone, from families to urban planners. Through the innovative use of blockchain technology, the game provides players with numerous ways to earn real-world rewards and engage in a player-driven, decentralized economy. This in turn has helped foster a more engaging and gratifying social gaming environment.
Anichess’s new $1.8 million of funding — on top of a previous seed round — points to the continued growth of blockchain-based strategy games. The platform promises to bring the most engaging and exciting chess experience built on the blockchain. This funding will help Anichess take its platform to the next level and reach a new audience of users.
Anichess is created to be enjoyed by casual players and serious masters alike. The platform uses blockchain technology to improve its offerings. Now you’re able to experience a truly verifiable game history and earn rewards simply for doing what you already do! This shifts the chess experience to be more transparent and rewarding.
In 2017, Blockade Games raised $5 million in funding, increasing its valuation to $23 million. This expansion reflects the growing confidence in blockchain gaming startups. This investment will allow Blockade Games to add to their growing roster of groundbreaking blockchain games. The company is dedicated to developing vibrant, thrilling gaming worlds that take full advantage of the advantages offered by blockchain technology.
Blockade Games is perhaps best known for its experimental and state-of-the-art approach to blockchain gaming. By experimenting with different game mechanics and blockchain integrations, the company is pushing the boundaries of what is possible in the space. This funding will enable Blockade Games to further develop their craft and expand the horizon of new and exciting gaming experiences.
Style Protocol’s $2.5 million in seed funding, which underscores the burgeoning digital fashion market within the metaverse. This catalytic investment is what Style Protocol needs to build out their technical ecosystem for creating, trading and using digital fashion goods. The social platform’s declared goal is to give users a tool to express their personalities and creativity through customizable avatars and virtual spaces.
Style Protocol is leading the charge in this new digital-first fashion revolution. Through the use of blockchain technology, the platform provides proof of authenticity and ownership for digital fashion assets. It opens up an exciting new economy for designers and users to develop, exchange, and showcase their creativity through digital fashion.
Dapper Labs' significant funding rounds, including $11.4 million prior to NBA Top Shot's open beta and $250 million at a $7.6 billion valuation, demonstrate the potential of blockchain-based collectibles. It’s easy to see why – NBA Top Shot has seen explosive success and built an immensely passionate and engaged community of collectors. Based on these funding rounds, we can expect Dapper Labs to continue broadening its platform and creating more blockchain-based experiences.
Dapper Labs is pushing the boundaries of how we think about blockchain technology and NFTs. The firm develops easy-to-use platforms that are informative and visually compelling. In doing so, they bring a progressive, mainstream audience to blockchain technology, which is the entire point. This funding will allow Dapper Labs to further innovate and focus on creating new and exciting blockchain-based experiences that will continue to challenge the norm.
NPC Labs’ recent $18 million seed funding further underscores the incredible promise and interest in NPCs powered by AI and blockchain in the nascent gaming industry. This round of investment will allow NPC Labs to scale its technology to create and manage non-player characters (NPCs) at a fraction of the cost and complexity. Their long term goal is to create ever more realistic and interactive game environments.
For NPC Labs, it’s the beginning of an exciting new era in AI-powered character development. Through smart use of supervision using artificial intelligence tools, the company is bringing to life NPCs more realistic and engaging than anything we’ve seen. This technology can redefine the gaming landscape by offering more engaging and life-like experiences along with interactive surroundings.
Tarta Labs’ $4.5 million pre-seed funding round further highlights the need for strong blockchain gaming infrastructure. With this early-stage investment, Tarta Labs will be empowered to accelerate building its blockchain gaming infrastructure. She also runs a venture-backed company, Ava Labs, which is making tools and services to ease the creation and release of these blockchain games.
Tarta Labs wants to make it much easier to get into blockchain game development. Through its platform, the company empowers developers by delivering the most developer-friendly tools and services. Their mission is to make blockchain technology ubiquitous in the gaming sector. This funding will allow Tarta Labs to focus deeply on its mission.
The $50 million Series A funding round for blockchain-based fantasy sports platform Sorare underscores the avalanche of interest in booming space. This new capital injection will help Sorare to further grow its platform and bring new users to the world of digital collectibles. Sorare’s fantasy sports platform lets users collect, trade, and play with digital player cards from all over the world.
Sorare, as one of the leaders in the blockchain-based fantasy sports space, has turned heads. By creating a platform that is both engaging and rewarding, the company has attracted a large and loyal user base. This funding will help Sorare further its mission to develop new features and experiences and create new adventures on its expanding platform.
Horizon Blockchain Games’ $40 million Series A funding round shows that the investment into blockchain gaming ecosystems hasn’t slowed down. This funding is a significant step for Horizon Blockchain Games, which will be able to expand its blockchain-based gaming ecosystem even further. The company is deeply committed to making tools and services that put power back into developers’ and players’ hands.
Horizon Blockchain Games is dedicated to fostering a diverse and prosperous blockchain gaming sector. By providing developers with the resources they need to create and launch successful games, the company hopes to drive the adoption of blockchain technology in the gaming industry. This $9M funding is what Horizon Blockchain Games needs to realize their vision.
KGeN’s $10 million from a joint funding round highlights the teamwork between different innovators in creating blockchain gaming infrastructure. This investment will allow KGeN to build out its blockchain gaming ecosystem. The new platform is designed to give developers everything they need to create, develop and release the most engaging blockchain games ever.
KGeN is committed to building a platform that is easy for developers to work with, and for users to navigate. What the company provides developers is a simple suite of surprisingly useful tools and services. With these resources, it hopes to pull a new collection of strong game developers to its platform. This funding will go a long way in helping KGeN’s leadership realize their goals.
DMarket’s $6.5 million led by Almaz Capital and Xsolla underscores that point, as the success of marketplace for in-game items and NFTs. This funding will allow DMarket to aggressively grow its marketplace and onboard new participants and users. Their objective is to deliver a safe industry standard and user-friendly experience when buying, selling, and trading digital assets.
DMarket is a worldwide marketplace for gaming assets and NFTs. Through this commitment to security and transparency, the studio has established a deep trust with its players throughout the blockchain gaming ecosystem. This funding will allow DMarket to accelerate its growth and expand its marketplace.
