Battlebound raises $4.8 million in Seed Round

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Game developer and Publisher Battlebound has raised a $4.8 million seed funding round and $3 million NFT sales. The funding was led by Andreessen Horowitz , with Play Ventures, Dapper labs and participating. In addition, we have an amazing list of angel investors including Kristian Segerstrale (CEO of Super Evil Mega Corp), Ryan Wyatt (CEO of Polygon), Gabby Dizon (CEO of Yield Guild), Roham Gharegozlou (CEO of Dapper Labs), among others.

Battlebound team has been built by veterans from Riot Games, Blizzard and Ubisoft.

According to the Battlebound team, it will be using the funding to support the development of its two games:

  • Evaverse: A metaverse game and an open platform for other NFT communities and Ips.
  • Project A: This is a code name. This is a creature collecting adventure for friends to discover, battle, and own. This game will offer unique interoperability opportunities between all of Battlebound’s titles.

“We’re also noticing interesting parallels between the emergence of free-to-play and web3 games. Free-to-play was initially met with similar doubts and misunderstandings that web3 games face. We believe the best versions of play-to-earn games are still being developed. When the player ownership model is optimized for long-term community value, players can participate in the ecosystem of their favorite games like never before.”

You can check out Battlebound by visiting the website.