Exciting Times Ahead for Crypto Gaming
Are you a fan of mobile games like Clash of Clans and Clash Royale? If so, you’ll be thrilled to hear that the company behind these popular games, Supercell, has recently invested in a crypto gaming startup called Games for a Living. This investment is part of a broader $3.2 million seed funding round aimed at propelling the development of innovative games based on NFTs and crypto tokens.
Games for a Living: Revolutionizing the Gaming Industry with Crypto
Here’s a brief overview of what this investment means for the gaming industry:
– Supercell, the powerhouse behind hit mobile games like Clash of Clans and Clash Royale, has invested in Games for a Living.
– This investment is part of a $3.2 million seed funding round to support the development of crypto-based games.
– Games for a Living was founded by Trip Hawkins, the original founder and CEO of Electronic Arts (EA), and is focused on creating games incorporating NFTs and crypto tokens.
– With the recent funding injection, the startup plans to expand its team and ramp up its game development efforts.
– The company recently launched a successful GFAL token sale, raising $4.4 million in capital.
– CoinGecko reports that the price of the GFAL token has surged by 235% since March 2023, although its market cap remains relatively modest at $42 million.
Industry Leaders Join Forces
Joining Supercell in this funding round are prominent figures in the gaming and esports sectors:
– Former gaming entrepreneur and video game executive Mitch Lasky has also invested in Games for a Living.
– Heinrich Zetlmayer, the former co-managing director of esports tournament operator ESL, is another key investor in the startup.
– Trip Hawkins, the co-founder of Games for a Living, expressed his excitement about the partnership with Supercell and the other investors, highlighting their support for the company’s growth and development.
Continued Innovation and Growth
Despite being a relatively young startup, Games for a Living has already made significant strides in the gaming industry:
– The company recently soft-launched a game called Elemental Raiders, which has shown promising performance and metrics improvement since its limited release in parts of the world.
– With the additional funding and support from industry veterans, Games for a Living is poised to further enhance its game development efforts and expand its reach in the gaming community.
Hot Take: The Future of Crypto Gaming Looks Bright
Exciting times lie ahead for crypto gaming enthusiasts as pioneering companies like Games for a Living push the boundaries of traditional gaming by integrating NFTs and crypto tokens into their game development. With strong backing from industry leaders like Supercell, the future of crypto gaming is looking brighter than ever.
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