Web3 gaming studio Playmint just announced a $4 million seed round for its upcoming MMOCG (Massively Multiplayer On Chain Game). Accordingly, the round was led by BITKRAFT, a leading gaming investment platform. In addition, Cherry Ventures, 1kx and Ethereal Ventures also participated.
Playmint’s debut game, called The Crypt, will be the first Player vs Environment game to be fully on-chain.
Playmint raises $4 million to revolutionize Web3 gaming
London-based games studio Playmint has just announced its latest $4 million seed round. The team will use the funds to develop their first game, titled The Crypt.
Basically, The Crypt is a loot-based dungeon game that allows players to create their own games and bots via the project’s primitives. In fact, the game is an experimental project that allows the team to explore web3 gaming possibilities.
“We strive to create true Web3 games, not Web2.5, using blockchain technology to create games the industry has never seen before.” said Playmint CEO David Amor. “We may not know how they work, what they look like, or how players will interact with them, but we know that an enjoyable game is a necessity.”
In the future, Playmint developers will use the knowledge gained with The Crypt to create a second ambitious game. Surprisingly, the complex on-chain game will involve subterfuge, politics, and innovative tokenomics.