Traditional video game industry is starting to take increased interest in Web3 development!
10/5/2022, 06:31 AM
The traditional video game industry is starting to take an interest in Web3 development, investing large sums of money in blockchain gaming companies. One such company is Horizon Blockchain Games, which recently raised $40 million in a Series A funding round led by Brevan Howard Digital and Morgan Creek Digital. Last year, Horizon Games raised $4.5 million, so the interest has increased by 10X!
Among the notable investors in this round were Ubisoft and Take-Two Interactive, two companies with a long history of developing and publishing some of the most popular video games in the world. The proceeds from the funding round will be used to grow Horizon's ecosystem by hiring more staff and developing better products.
Horizon has always had a long-term vision, and this latest round of funding will enable them to continue innovating and expanding their ecosystem. With Sequence, they enable builders to create the next generation of Internet experiences; with Skyweaver, they deliver a fun, strategic, and rich piece of content for gamers to enjoy; and with Niftyswap, they enable the seamless exchange of SFTs, which are poised to become some of the world's most useful and traded virtual goods.
The traditional video game industry is understandably interested in the potential of Web3 and blockchain gaming, and Horizon is well-positioned to capitalize on this interest. With a strong team, a long-term vision, and a suite of complementary products, Horizon is well-positioned to continue innovating and expanding their ecosystem.
Official Website Horizon.io.
Among the notable investors in this round were Ubisoft and Take-Two Interactive, two companies with a long history of developing and publishing some of the most popular video games in the world. The proceeds from the funding round will be used to grow Horizon's ecosystem by hiring more staff and developing better products.
Horizon has always had a long-term vision, and this latest round of funding will enable them to continue innovating and expanding their ecosystem. With Sequence, they enable builders to create the next generation of Internet experiences; with Skyweaver, they deliver a fun, strategic, and rich piece of content for gamers to enjoy; and with Niftyswap, they enable the seamless exchange of SFTs, which are poised to become some of the world's most useful and traded virtual goods.
With Sequence, we enable builders to create the next generation of Internet experiences; with Skyweaver, we deliver a fun, strategic, and rich piece of content for gamers to enjoy; and with Niftyswap, we enable the seamless exchange of SFTs, which are poised to become some the world’s most useful and traded virtual goods.- Peter Kieltyka, CEO Horizon
The traditional video game industry is understandably interested in the potential of Web3 and blockchain gaming, and Horizon is well-positioned to capitalize on this interest. With a strong team, a long-term vision, and a suite of complementary products, Horizon is well-positioned to continue innovating and expanding their ecosystem.
Official Website Horizon.io.