Playmint has raised $4 million for web 3 MMOs

Playmint has raised $4 million for web 3 MMOs ...

The GamesBeat Summit 2022 will be held as the world's largest gaming event on April 26-28th.

The siren of has sparked some additional veterans., a game studio focused on web 3 massively multiplayer online games, has raised $4 million.

The Brighton, United Kingdom-based studio has veterans from Electronic Arts, Epic Games, and Disney. Bitkraft Ventures led the round by 1kx, Cherry Ventures, Ethereal Ventures, and Play Ventures' Play Future Fund.

Each month, the funding will be used to scale Playmint's team of artists, game designers, and engineers, in order to continue releasing new chapters of its game.

"We are committed to bringing real web 3 games, not web 2.5, by using blockchain technology to develop games that the industry has never experienced previously. We may not know how they will work, what they will look like, or how players will interact with them, but we do know that making a fun game is a necessity," said Playmint CEO David Amor.

Playmint is on a mission to develop category-defining games for the web 3 era. Like Dungeon Keeper, Lego Star Wars Battles, and Fall Guys, the team has been able to deliver excellent games.

The Crypt, a loot-based dungeon game that exists completely on the blockchain, allows anyone to build on top of it. As the world's first player vs environment co-op on-chain game, players have the ability to build their own clients, bots, and even their own games, utilizing Playmint's primitives.

Playmint is learning from the building of The Crypt chapters to gain their second title, an on-chain trading game voller politischer, subterfugeer, and economic opportunity.

"We believe that putting game logic on-chain will revolutionize game design, which is enhanced by interoperability and composability," writes Nicolas Vereecke, an investor in Bitkraft Ventures. "There are few teams in the industry that have combined the proven ability to create fun games with a deep sense of curiosity and a willingness to do new, tough things. The games coming out of this new era will be nothing like the ones that exist today, and we are confident that Playmint will continue to experiment

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