Haste Arcade Raises Funds to Achieves its Gaming Objectives
Investors have contributed to the fundraising plans of Haste Arcade to help it lay a strong foundation for a unique gaming experience.
Haste Arcade has raised more than its needed funds due to oversubscribed fundraising. The blockchain gaming platform was looking to hit its $1 million targets, but it got an additional $500k in the process. The fundraising was initiated to 'lay a good solid foundation' for the vision and then start test-running with the world outside the crypto world.
According to Dan Wager, co-founder of Haste Arcade, the dramatic interest by investors is not surprising. It may be because the idea is novel, logical, and promising. And if it is presented to just a small fraction of gamers, it would be enough to attract all of them.
Haste Arcade has built itself over many years, and its leaders' quality is worthy of emulation. These elements may be why several top investors like Jonathan Cogley, CEO of Logic Boost Labs, invested in the project. Cogley is a serial venture capitalist who invests in new companies with promising potential. Thomas Vu, a former senior employee at Riot Games and one of the individuals who brought League of Legends into the market, also invested in the project.
Haste Arcade is a pay-to-play game that rewards players when they hit the scoreboard with high points. The game has no sophisticated game plan or advanced missions and adventures. Instead, all you need to do is to connect your wallet, pay, and win if you get to enter the leaderboard.
With this funding, Haste Arcade will review its strategies and evaluate critical reports. Then, it will build a team to create exciting gaming experiences for its users. Building blockchain-based games is just a part of its vision, as, over time, it will roll out games in the real world and make the Haste Arcade console.