Revolving Games Raises $13.2 Million Funds to Develop Blockchain Games
The Pakistani brothers will use the funds to create lasting blockchain games.
Fund Raised Stands At $25 Million In More Than Two Years
Revolving Games has raised an additional $13.2 million to build triple-A games. The company has raised a total of $25 million in the last two and half years. Investors include Polygon, Dapper Labs, Sarmayacar, DWeb3 Capital, Kenetic, Pantera Capital, Animoca Brands, Houser, and Permanent Capital Partners.
In a statement, Yat Siu, the cofounder of Animoca Brands, said,
“We love the work we’re seeing from Revolving Games and in particular, its passion for building a Web3 ecosystem of exciting, unique gaming experiences. We believe Revolving Games has a bright future and are delighted to lend our support.”
The company team is led by Pakistani brothers and game veterans: Saad, Ammar, and Shayan Zaeem. In addition, the cofounder of Rockstar, Dan Houser, is an advisor and will be a part of the team. Blockchain technology continues as the leading technology to authorize digital items, establish property ownership and allow players to earn by playing blockchain-based games.
Details On Revolving Games
In an interview, Saad said,
“We were founded in the Web2 era. We were a mobile game company [first]. But we saw that Web3 was where we needed to go and so we did a pivot late last year.”
The company was launched in 2020 and had a team of 105 talents across three continents. The first game is a Battlestar Galactica -themed game with Gala Games and NBCUniversal as partners. The second, Skyborne Legacy, is an adventure RPG with inspiration drawn from games like The Legend of Zelda and Animal Crossing.