Blast Royale has announces that they raised $5M In Seed Round leb by Animoca Brands & Mechanism Capital

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First Light Games has announces that they closed a $5-million private token sale. First Light Games s a london-based nft play-to-earn blockchain game development studio that developing Blast Royale. The game is currently in its development stages. The round was co-led by Animoca Brands and Mechanism Capital. Other contributors included Dragonfly Capital, DeFiance Capital, Play Ventures Future Fund, Double Peak, Polygon, C² Ventures, Morningstar Ventures, DWeb3, Merit Circle, Ancient 8, AvocadoDAO. Also, there were contributions by angel investors, including Santiago R Santos and Nick Chong.

The Fund will be used to develop the game “Blast Royale”. Blast Royale is built on the Polygon layer-2 chain and will test at the end of Q2. Yat Siu, the executive chairman and co-founder of Animoca Brands said : “Given the progress so far and the First Light Games team’s strong pedigree of several iconic hit games, we believe that Blast Royale will be an appealing and compelling metaverse entry for a new generation of gamers.”

First Light Games is on a mission to develop Blast Royale as one of the best gaming titles, providing compelling, fun gameplay. In the end, the aim is to create the ultimate Battle Royale Web3 game. Neil McFarland, CEO of First Light Games, expressed his delight that the game had backing from leading influencers in gaming.

“When a space such as crypto gaming is in its infancy, it’s incredibly important to back strong thinkers who shape how the space evolves. The team at First Light is first-class. Not only is this team behind some great gaming hits such as Monument Valley, Street Fighter and Merge Dragons, but they were also on the cusp of the free-to-play paradigm shift. We’re very excited to work with the team to tackle what a P2E world might look like,” said Eva Wu, principal of Mechanism Capital.