Flowstate Games has raised $2 million and announced its first web3 arcade game, a car combat game named “Smash Stars: Thunderdome”. Play Ventures Future Fund led the pre-seed round, with participation from Elite Game Developers founder Joakim Achrén and his syndicate of angel investors.
Smash Stars: Thunderdome is currently preparing for an alpha test launch in the first quarter of 2023. The car brawler features fast-paced multiplayer gameplay that is apparently accessible to anyone from beginners to experts.
The game has a wide array of digital assets available for purchase such as vehicles, expressive collectibles, skins, emotes, action figures, and more. Players will be able to trade these items on a secondary market. Flowstate Games has partnered with Immutable X, a game-focused Layer 2 non-fungible token (NFT) scaling solution on Ethereum.
Gaming companies are choosing to partner with Immutable X as they have addressed issues that have plagued early web3 adopters, such as security, gas fees, carbon neutrality, and scaling NFT trading.
The CEO is Edvard Groundstroem, their idea was to develop an arcade full of free-to-play games that prioritized having fun. The company is not currently planning to issue its own cryptocurrency token, as it is focused on the game.