As a seasoned technology analyst with a background in blockchain and gaming industries, I am thrilled to witness NPC Labs’ recent $18 million funding round led by Pantera Capital. Having closely followed the Web3 gaming landscape, I can attest to the potential of this sector and NPC Labs’ strategic positioning within it.
As an analyst, I’m excited to share that NPC Labs has recently secured $18 million in funding, with Pantera Capital spearheading the investment round. This financial boost positions NPC Labs to significantly impact the rapidly evolving Web3 gaming industry.
In this latest financing stage, NPC Labs amassed an additional $18 million, bringing their overall capital to a grand sum of $21 million, which includes their initial $3 million pre-seed investment.
Web3 gaming a priority for NPC Labs
NPC Labs was established with the goal of accelerating the adoption and expansion of on-line gaming that is directly connected to blockchains. The organization significantly contributes to B3.fun, a dynamic gaming platform that functions within Coinbase’s secondary blockchain infrastructure, Base.
The money we gather will be employed to improve the B3.fun platform, making it more inviting and accessible for individuals not yet familiar with Web3 to explore and participate in crypto games. NPC Labs is developing user-friendly entry points such as Basement.fun to streamline this experience.
As an analyst, I would describe B3.fun’s solution as follows: B3.fun designs a horizontally scalable Layer 3 infrastructure on Base, modeled after microservices architecture. This setup ensures a large number of transactions per second and eliminates the need for gas fees.
“NPC Labs CEO Daryl Xu expressed our goal: to reinstate financial independence for game creators and enthusiasts. He highlighted our commitment to empowering both developers and players with an uncomplicated and smooth gaming journey.”
At NPC Labs, we aim to tackle the hurdles that game creators encounter in today’s gaming industry and explore how blockchain technology can provide greater control and financial benefits.
NPC Labs was founded by former Coinbase employees Daryl Xu, Viktoriya Hying, and Sean Geng.
In this funding round, notable investors are Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund.
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2024-07-22 17:26