cryptonews.net
Web3 game studio Pixion Games has raised $5.5 mln in seed funding to build Fableborne, the developers’ flagship game. Several well-known investors participated in the funding round, including the Avalanche Foundation’s Blizzard Fund, investment company Shima Capital, gaming decentralized autonomous organization ReadyPlayerDAO, and others.
Pixion plans to invest in Fableborne, the studio’s action-based role-playing game that allows players to interact with on-chain assets built on the Avalanche network. The founder and CEO of Pixion Games is looking to expand the game by building its tech stack as well as hiring positions on the management team. The launch of the game is scheduled for the next calendar year.
Earlier this month, game studio Web3 Argus raised $10 mln in seed funding to build its own gaming software developer kit. Last week, decentralized chess game Anichess raised $1.5 mln in seed funding led by gaming giant Animoca Brands.
Image: Pixion Games