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andreessen horowitz – RE3W.IO https://re3w.io Web 3 Gaming News Tue, 07 Jun 2022 05:15:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://re3w.io/wp-content/uploads/2022/06/cropped-6257123555f2839a6f5124cd_re3w-p-500-32x32.png andreessen horowitz – RE3W.IO https://re3w.io 32 32 Mythical Games Brings NFT To Blockchain https://re3w.io/2022/06/05/party-degenerates-nft-project-reveals-launch-details-for-avatars/ https://re3w.io/2022/06/05/party-degenerates-nft-project-reveals-launch-details-for-avatars/#respond Sun, 05 Jun 2022 14:36:54 +0000 http://tdi_109_9f6 The National Football League (NFL), NFL Players Association (NFLPA), Sports Illustrated and blockchain game maker Mythical Games announced a partnership to launch “NFL Rivals”. This title will be a new NFL video game that leverages blockchain technology. The planned release is set for the Mythical Platform set for early 2023. Mythical Games is backed by Andreessen Horowitz and recently raised $150 million at a $1.25 billion valuation. To date, the gaming studio has raised an impressive $270 million.

NFL Rivals is going to be a fantasy league style game which will allow NFL fans to compete against other “general managers” with their assembled player rosters and teams. Building, leveling up, and improving their lineup to compete against one another. In addition, fans will be able to own, collect, and trade non-fungible tokens (NFTs) of their favorite players through the “play-and-own” game experience.

Joe Ruggiero, senior vice president of consumer products at the NFL, stated: “With the rise of blockchain technology, we are thrilled to partner with Mythical Games on a blockchain-enabled game that delivers new play-to-own NFT capabilities, creating a new adventure for fans who love to play football games.”

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Andreesen Horowitz Launch Another Huge Fund https://re3w.io/2022/06/05/mekaverse-collection-surpasses-60m-sales-volume-in-under-24-hours/ https://re3w.io/2022/06/05/mekaverse-collection-surpasses-60m-sales-volume-in-under-24-hours/#respond Sun, 05 Jun 2022 14:36:54 +0000 http://tdi_110_92f After the announcement of “Games Fund One” Andreessen Horowitz has shown they are bullish for web3 with the launch of its fourth fund for $4.5 billion. This fund will invest in Web3 companies and cryptocurrency.

Of the $4.5 billion, a16z have pledged $1.5 billion towards seed investments and the rest being set aside for venture investments. The firm’s current crypto portfolio includes Alchemy, Avalanche, Celo, Dapper Labs, Phantom Wallet, OpenSea, Solana Labs and Yuga Labs.

Andreessen Horowitz stated: “We think we are now entering the golden era of web3. And are excited about developments in blockchain gaming, DeFi, decentralized social media and NFTs.”

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