AQUA just announced a $10 million investment from DIGITAL, an investment firm backed by Steve Cohen. The start-up describes itself as a web3 community platform for gamers. It recently launched its flagship marketplace for trading in-game assets. AQUA is built on Immutable X, the game-focused layer 2 blockchain, but plans to expand to additional chains where strong games are being built.
The AQUA marketplace aims to provide a community-driven place for players to buy and sell their in-game assets. The AQUA marketplace will apparently highlight featured games and already has partnerships with three titles, including God’s Unchained and Guild of Guardians. New titles will be added every month.
AQUA was founded by gaming industry veterans Sean Ryan and John Cahil, who formerly headed games partnerships at Facebook. The duo previously co-founded Meez, an early take on the metaverse that launched in 2008.