Azra Games recently raised $15 million in a seed-funding round led by Andreessen Horowitz with participation from NFX, Coinbase Ventures, Play Ventures and Franklin Templeton. The funding has gone towards the creation of their upcoming play-and-earn RPG title, “Project Arcanas”.
Andreessen Horowitz invested in Azra Games through its new crypto fund, Games Fund One. The fund has pledged $600 million in funding for blockchain games.
Azra Games was co-founded by Sonny Mayugba and Travis Boudreaux, along with veteran game designer and Electronic Arts (EA) alumnus Mark Otero, who serves as CEO.
The upcoming game “Project Arcanas” will be a play-to-earn fantasy combat arena-styled role-playing-game. Players will have to battle for “wealth and power” within the sci-fi / fantasy universe. Users will also be able to collect non-fungible tokens (NFTs) and build out legions for combat and rewards.
