Helsinki-based Tribo announces a raise of $1.17 million for a new game studio making games that create player-owned economies powered by digital collectibles using non-fungible tokens (NFTs). The team is currently working on a casual free-to-play multiplayer game to be revealed later this year. CEO Miko Kuusisto said the funding came from Play Ventures, Sisu Game Ventures, and Joakim Achrén.
There are five other founders who apparently have 60 years of combined experience in building mobile games. They worked on games such as Candy Crush Saga, Angry Birds, Plants vs Zombies, and Nonstop Knight.
Digital ownership and open economies will be key building blocks for Tribo to pioneer new gaming experiences. To celebrate the raise, Tribo is kickstarting its core community by launching a free NFT collection called “Flameys” for its community. It is releasing 2,000 unique avatars that grant the owners perks and a VIP role in the Tribo community.