Random Games Secures $7.6 Million to Launch the Unioverse Franchise
The funding will be used to accelerate the growth of Unioverse, a community-driven Web3 franchise by Random Games.
Meet Unioverse: A community-owned Web3 franchise in the making
Blockchain game studio Random Games has closed a $7.6 million seed round to develop the Unioverse video game franchise. Resolute Ventures and Asymmetric co-led the round, with participation from IGNIA, 2 Punks Capital, ID345, Polygon, and famous game developer David Jones.
To begin with, Unioverse is billed as a community-driven Web3 gaming franchise that will upend the traditional video game model. How it works is that the platform will kick off a series of games and distribute those in-game assets to the community and developers royalty-free.
You can download AAA-quality characters, artwork, models, music, etc., available in the Unioverse, and use them to create your own games, comic books, movies, T-shirts, and so much more. Best part is, creators get to keep the proceeds from any sales they make from their creations.
"Imagine if Marvel released character art and 3D models and told fans to go make - and profit from - their fan films and comics," said Tony Harman, Co-Founder of Random Games. "That's how big this idea is. We have a team of world-class writers, artists, and developers building the Unioverse and we are basically giving it away!"
Notably, Random Games is co-founded by a pair of gaming industry veterans - Tony Harman and Wyeth Ridgway. Harman previously ran development and acquisition for Nintendo of America, having worked with AAA projects such as Donkey Kong Country, Killer Instinct, Grand Theft Auto, and Crackdown.
On the other hand, Ridgway was the Founder and CEO of Leviathan Games - the studio behind franchises like Terminator, Star Trek, South Park, and Pirates of the Caribbean.
According to Random Games, the Unioverse will feature its own set of NFT avatars, which will be interoperable across all games on the platform. Players must acquire one of these to access and play Unioverse games.
"We're very excited to back such a strong team and are looking forward to watching them build a franchise that is literally changing the economics of gaming," said Joe McCann, Founder and CEO of Asymmetric. "In the Unioverse, blockchain technology is organically and thoughtfully incorporated and will change the name of the game in the entertainment economy."
"Rarely do you see a truly disruptive concept, cutting-edge technology and a stellar founding team converge in a single startup like this," said Raanan Bar-Cohen, Co-Founder of Resolute Ventures. "The Unioverse is poised to change the relationship between game developers and players in a way that benefits everyone involved."