Game studio Roboto Games announced that it successfully raised $15 million in a Series A financing this month led by venture capital fund Andreessen Horowitz. This substantial sum was raised with the idea of bridging web2 and 3.
The funding round shows that despite further declines in the virtual currency market, attention to investing in promising blockchain projects has been maintained.
According to the company, these methods focus on creating Roboto’s 2 game plan and staffing its art and advertising teams. Other investors come from well-known companies such as Animoca Brands and Gumi Cryptos.
Roboto Games, a California company, remains committed to creating cross-platform F2P games (online, for mobile devices, and PC) and sees the web3 mechanism as an option.
The studio has already released the critically acclaimed game Last Mage Standing, which has attracted millions of players. Currently, the Roboto Games team is focusing on a new project called Foragers and Fighters, a global multiplayer survival game scheduled for release in early 2023.
Roboto Games is evaluating blockchain as a way to avoid shutting down games due to server connectivity costs. If, hypothetically, one game goes down, the team can transfer code to the players to continue to function. Cannot load all totals. Repeated retries…