Web3 Game Studio Playmint gets $4M To Build MMOC Games

Web3 game studio Playmint has raised $4 million in a recent seed round led by BITKRAFT Ventures, with participation from 1kx, Cherry Ventures, Ethereal Ventures, and Play Ventures' Play Future Fund.

May 2, 2022
by Anvi Saini
Web3 Game Studio Playmint gets $4M To Build MMOC Games
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Playmint is on a mission to create category-defining MMOC (Massively Multiplayer On-Chain) games for the Web3. Top games released by the team include Dungeon Keeper 2, Lego Star Wars Battles, and Fall Guys. The Brighton-based game developer has a team of former EA, Disney, and Epic Games veterans.

Playmint will use the capital to further scale its staff of artists, game designers, and engineers so that new chapters of its game, The Crypt can be released every month. The Crypt is a loot-based dungeon game that is entirely based on the blockchain and allows anyone to build on top of it. As the world's first player vs. environment co-op on-chain game, players can use Playmint's primitives to create their own clients, bots, and even games.

David Amor, the CEO of Playmint, stated : 

"We are committed to creating real, web3 games, not web2.5, by leveraging blockchain technology to build games the industry has never experienced before. We may not know how they’ll work, what they’ll look like, or how players will interact with them, but one thing we do know is making a fun game is a necessity."

Furthermore, the gaming studio will use the insights gained from the development process of The Crypt chapters to create its second title, which will be an on-chain trading game rich in politics, subterfuge, and economic opportunity.

Nicolas Vereecke, an investor at BITKRAFT Ventures, said: 

“The games coming out of this new era will be nothing like the games that exist today and we are confident that Playmint will continue to experiment with new technologies and push boundaries to create the most engaging, immersive and fun games web3 has to offer.” 

BITKRAFT Ventures is a gaming and Web3 venture capital. It has six funds, over $730m (£573m) in assets under management, and over 90 businesses in its portfolio.

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