Elyzio just revealed a $2 million pre-seed raise and announced the development of the new web3 game “Warden’s Will”. The funding round was led by Israel-based investment fund Vgames with participation from Shima Capital, Solana Ventures, and Paribu Ventures.
Elyzio stated they are aiming to build the next generation of high-quality, free-to-play games on a blockchain infrastructure. Core members of Elyzio come from both AAA development and big-tech companies. The studio wants to leverage the new web3 technology to create games that blend gameplay, social interactions, content creation, and ownership.
“Warden’s Will” will be Elyzio’s first game, currently in development and set to release in 2024. The new web3 game is described as an Action RPG with Rogue-like elements. It will supposedly have fast-paced gameplay with base building and frenetic combat.
Dogan Can Yeginer, CEO of Elyzio, stated: “At Elyzio, our core focus is to leverage new technologies to create the most appealing and engaging experiences for our players. Most blockchain-based games focus on the ‘earning’ aspect as their main player motivation, and this cannot be sustainable if players always choose their games based on their earning potential. We are creating a world that players will want to take part in first.“