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The Red Village Announces $6.5M Seed Round Led by Animoca Brands and GameFi Ventures Fund – Press release Bitcoin News

Crptoz by Crptoz
June 2, 2022
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Press release

Press release. June 3, 2022 – Sydney, Australia: play and earn game red village has announced seed funding of $6.5 million from some of the world’s leading blockchain investors, including Animoca Brands and the GameFi Ventures Fund, to build a deep-fiction ecosystem targeted at traditional gamers.

Animoca Brands is a global leader in gamification, blockchain and metaverse projects with a portfolio of over 170 investments in NFT-related companies and decentralized projects, contributing to the creation of the open metaverse. These projects include The Sandbox, the world’s premier Metaverse, and Phantom Galaxies, an AAA-quality open-world science fiction shooter. Animoca Brands’ extensive network and industry expertise will help position red village One of the top blockchain projects globally.

red village Two game modes are included; Tournament Mode (which is currently live and playable in beta and supported by a thriving community), and an expansion of the ecosystem known as The Red Village: Darklands, is currently being developed by Blowfish Studios, a subsidiary of Animoca Brands. The new funding will be used partly to build the immersive, dark-fantasy expansion that draws inspiration from traditional titles such as Runescape, Diablo, Skyrim, Elden Ring and The Witcher.

“The true catalyst for mass adoption of blockchain will be engaging traditional gamers in the metaverse through high quality, immersive ecosystems with strong learning, engaging gameplay, and vibrant community.” red village co-founder Brendan Robb said.

“We’ve rarely seen a project that inspires traditional gamers to jump into blockchain gaming, and we believe this is because of the lack of great gaming experiences. We will deliver a great gaming experience.”

Yat Siu, executive chairman and co-founder of Animoca Brands, said: red village The partnership was a sign of things to come. “The world is waking up to the power of the metaverse, and projects are scrambling to make the transition from Web 2 to Web 3 as smooth as possible for users,” he said. “likes the game red village Provide an experience that traditional gamers are familiar with, and will lead the charge as players search for gaming that is fun and also an opportunity to play and earn. ,

Other value-added investors in the significantly oversubscribed seed round include Kucoin Ventures, Jellysey, Sepharmian, Polygon Studio, MetaWest, SL2 Capital, dweb3 Capital, Spark Capital, Fundamental Labs, OIG Capital, MEXC Global, IQ Protocol, Rendezvous Equity, Paribu Ventures Are included. , CGU, LucidBlue Ventures, DuckDAO, Pylon Labs, Prometeus Labs, Vendetta Capital, and many well-known angel investors.

about red village

red village Blockchain-gaming has a success story, with two NFT sales in late 2021 and early 2022 generating over 1,100 ETH, and trading over 3,000 ETH on the secondary. red village Tournament Mode is currently live in the playable beta, and players have already won over $500,000USD. As the first dark-fantasy game on the blockchain, red village It aims to bridge the gap between traditional gamers and the metaverse through deep lore, immersive storylines, and an active and engaged community. The Red Village: Darklands Developed by Blowfish Studio of Animoca Brands.

media Contact: Brendan Robo
E-mail: Brendan@theredvillage.com
discord: discord.gg/theredvillage
Twitter, twitter.com/theredvillage
Website: www.theredvillage.com
Player Guide: https://the-red-village.gitbook.io/the-red-village/
Twitch: https://www.twitch.tv/theredvillage


This is a press release. Readers should do their due diligence before taking any action regarding the Promoted Company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss that is alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com Media

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image credit: Shutterstock, Pixabay, WikiCommons

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