Blockchain gaming startup N3TWORK Studios introduced Wednesday that it closed a $46 million Sequence A funding spherical.
Griffin Gaming Companions, a enterprise agency targeted on financing gaming startups, led the spherical. Further contributors embody Kleiner Perkins, Galaxy Interactive, Floodgate, LLL Capital, N3TWORK Inc (the dad or mum firm of N3TWORK Studios) and others.
N3TWORK video games incorporate free-to-play parts and blockchain expertise equivalent to non-fungible tokens, into their cell video games.
The agency intends to make use of the funding to proceed constructing out its web3 gaming titles Legendary: Heroes Unchained and Triumph, Forte to platform its video games and construct out the tokenomics.
Over 60 people from the leisure business, equivalent to EA, Zynga, Warner Brothers, and Disney, comprise the N3TWORK workforce.
“We’re a bunch of passionate veteran recreation makers who see a generational alternative to leverage our experience constructing and working free-to-play video games to create genuine web3 experiences that may attain audiences of hundreds of thousands of gamers,” mentioned N3TWORK Studios president Matt Ricchetti in an announcement.
