Web3 Gaming Ecosystem Moonveil Raises More Seed Capital To Redefine Blockchain Gaming

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As a seasoned crypto investor with a passion for gaming and a knack for spotting promising projects, I find the recent Series A funding round of Moonveil Studios particularly intriguing. With my years of experience in the industry, I’ve seen many projects come and go, but Moonveil’s focus on Web 3 gaming and its impressive team of veterans from top gaming studios like Riot Games, Tencent, Netease, Funplus, and CARV, gives it a unique edge.

The goal of the financing is to accelerate the progression of gaming environments based on Layer 2 technology and increase the general acceptance of Web 3 gaming.

As a seasoned investor with years of experience in the tech industry, I find Moonveil Studios’ latest funding announcement particularly intriguing. With my background in blockchain and Web 3 gaming, I have witnessed the rapid growth and potential of this sector firsthand. The fact that Moonveil has managed to secure $9 million from top-tier VCs is a testament to their innovative approach to interoperable games on the Web 3 platform. This investment round marks an exciting new chapter for Moonveil, and I look forward to seeing how they will leverage this funding to push the boundaries of gaming in the decentralized world.

2023 saw the debut of Moonveil Studios, a gaming platform specifically catered to gamers. This flexible platform comes equipped with user-friendly development toolkits. The primary objective of this platform is to create genuine Web 3 gaming environments that are expected to attract the upcoming wave of gamers towards blockchain gaming and metaverses tailored for future generations.

As a researcher delving into the realm of Web 3 gaming, my current focus is on spearheading the advancement of a Layer 2 ecosystem. According to a recent press announcement, key investors such as Spartan Group (previously involved), Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind, and Mask Network have joined our latest Series A funding round. This expansion now adds these 6 entities to the existing 19 backers, following a seed funding phase spearheaded by P2 Ventures. Consequently, we now boast a total of 26 investors supporting Moonveil Studios’ vision.

Better Infrastructure and Expanding User Acquisition

Based on their statement, the newly acquired funds are planned for enhancing Moonveil’s infrastructure, fostering community engagement, and boosting marketing initiatives. The aim is to broaden user acquisition tactics, particularly targeting Web 3 users and introducing both novice and experienced GameFi participants.

Previously this year, Moonveil unveiled intentions to construct an ecological gaming platform specifically designed for sustainability, powered by Polygon CDK. This gaming environment utilizes the principles of consolidation and cross-game compatibility to revolutionize Web3 gaming. Both players and game developers will have opportunities to claim a larger share of the value they generate by establishing trustworthy, blockchain-verified identities, and, most importantly, interact seamlessly within a unified, amalgamated gaming environment.

A group of experienced game industry professionals are spearheading this project, having worked at renowned gaming studios like Riot Games, Tencent, Netease, Funplus, and CARV in the past. They’ve contributed to hit games such as League of Legends, Valorant, Minecraft, and EVE Online. With their recent funding, they aim to expand Moonveil’s game library and improve their initial titles, AstrArk and Bushwhack.

Additionally, Moonveil intends to utilize the funds to establish a cutting-edge standard for Web 3 gaming. This will involve creating superior in-house products, supported by a ZK-powered Layer 2 network. The team aims to transform the gaming landscape by focusing on speedy development, community input, and agile updates. They also strive to cultivate a thriving ecosystem for game developers and create immersive games that captivate their users.

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2024-08-08 17:13