Investors included Solana Ventures, 6th Man Ventures, and Shima Capital.
An independent gaming studio in Montreal raised $3 million from investors to accelerate game and software development.
Bravo Ready, an independent video game studio based in Montreal, Canada, has raised a $3 million seed round to accelerate game and software development.Bravo Ready created BR1: Infinite Royale, which allows gamers to pay $1 to spawn and earn SOL for every win. The survival-style game places new characters far away from other players with little access to items. As players continue to play, they encounter more players and items.
“In Web3 gaming, the game always needs to come first and the economic model has to support the game," said Jon Cohen, CTO & co-founder of Bravo Ready, in a statement. "Providing tangible value for the time players spend in video games requires people to want to spend their time playing that game on a daily or weekly basis. Without a fun game that appeals to a wide audience, the most well thought out economic model will crumble under small demand.""This isn’t just a new game – it’s a new way to game. It fundamentally reinvents the financial side of being a player," said Evan Ryer, CEO and co-founder of Bravo Ready.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Anushree covers how U.S. businesses and corporations are moving into crypto. She has written about business and tech for Bloomberg, Newsweek, Insider, and others.
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