Other notable investors participating in the seed round include Kucoin Ventures, JellyC, Sfermion, Polygon Studios, Metavest, SL2 Capital, Dweb3 Capital, Spark Capital, Fundamental Labs, OIG Capital, MEXC Global, LucidBlue Ventures, IQ Protocol, Rendezvous Equity, Paribu Ventures, CGU, DuckDAO, Pylon Labs, Prometeus Labs, Vendetta Capital, and several well-known angel investors.

The Red Village consists of two game modes. A Tournament mode, which is currently live and playable in Beta. As well as an expansion of the ecosystem known as The Red Village: Darklands. Described as similar to traditional titles such as RuneScape, Diablo, Skyrim, Elden Ring, and The Witcher.

Phantom Galaxies recently closed their Planet Private Sale, 7,734 Planets & Asteroids were sold for a total of $19.3M, led by Aniomoca Brands with the participation of Sequoia China, Liberty City Ventures, GameFi Ventures, Everest Ventures Group, Terrace Tower Group, Polygon Ventures, Dapper Labs, Kingsway, 3Commas Capital, Double Peak, Mind Fund, Defi Cap, and others. A number of gaming guilds also participated, including Avocado DAO, YGG, and YGG SEA.

Phantom Galaxies is being developed by a veteran team from Blowfish Studios, a subsidiary of Animoca Brands. Blowfish Studios is an award-winning Sydney-based developer and publisher of high-quality multi-platform games, including Qbism, Siegecraft, Morphite, Projection: First Light, and Storm Boy. 

Phantom Galaxies Episode 4 just aired with exciting gameplay clips.

The duo recently closed their Private Planet Sale for the upcoming blockchain game: Phantom Galaxies. Animoca Brands and Blowfish Studios reported that 7,734 Planets and Asteroids (“Planets”) were sold for a total of $19.3 million dollars.

Phantom Galaxies is an open-world combat game, currently in Alpha. The game is said to be one of the first blockchain-based AAA game titles to launch with broad appeal to both traditional web2 gaming enthusiasts and web3 natives. 

In July 2021, Animoca Brands acquired 100% of Australian indie game developer Blowfish Studios for $6.6 million dollars. Blowfish Studios is an award-winning independent Sydney-based developer and publisher of high-quality multi-platform games, including Qbism, Siegecraft, Morphite, Projection: First Light, and Storm Boy. 

The duo recently closed their Private Planet Sale for the upcoming blockchain game: Phantom Galaxies. Animoca Brands and Blowfish Studios reported that 7,734 Planets and Asteroids (“Planets”) were sold for a total of $19.3 million dollars. Phantom Galaxies is an open-world combat game. The game is said to be one of the first blockchain-based AAA game titles to launch with broad appeal to both traditional web2 gaming enthusiasts and web3 natives. 

Metalcore Foundation and video game developer Studio 369 recently announced their multiplayer mechanized combat blockchain-powered video game title – called MetalCore. The game is being built with Unreal Engine 4 and is a first-person combat game located in an open world. The game’s creators have worked on projects for Activision, Disney, Lucas Films, Midway, and the Mechwarrior, Mortal Kombat, and Gears of War franchises. The Metalcore team has published a debut trailer on Youtube which gives a preview of what to expect from the game.

Investors in the current tranche included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic Summit Investments Limited, and others.

Animoca Brands stated they will use the new capital to continue to fund strategic acquisitions, investments, and product development, and secure licenses for popular intellectual properties to advance the “open metaverse”. 

The company has clearly established itself as one of the world’s leading technology groups in blockchain and gaming. They have done so by spearheading and innovating decentralized in-game rewards and monetization in video games for the emerging “open metaverse”.

Yat Siu, co-founder and executive chairman of Animoca Brands, commented: “Digital property rights represent a society-defining generational shift that impacts everyone online and will set the stage for the emergence of the open metaverse. We are deeply honored to continue to enjoy strong support from investors as we work to solidify the leadership position of Animoca Brands in the web3 industry and in the field of true digital ownership.”

The duo recently closed their Private Planet Sale for the upcoming blockchain game: Phantom Galaxies. Animoca Brands and Blowfish Studios reported that 7,734 Planets and Asteroids (“Planets”) were sold for a total of $19.3 million dollars.

Phantom Galaxies is an open-world combat game, currently in Alpha. The game is said to be one of the first blockchain-based AAA game titles to launch with broad appeal to both traditional web2 gaming enthusiasts and web3 natives. Three of the four episodes of the Alpha version are available now, and early access to the Beta launch is expected to occur in Q3 2022.

Yat Siu just announced a token launch coming soon.

Animoca Brands is making big strides into the new generation of blockchain games. Specifically, they are showing interest in web3 games utilizing technology such as non-fungible tokens (NFTs) to authenticate unique digital items as in-game assets.

Per the report released earlier this week, the firm has invested over $1.5 billion across more than 340 projects as of April 30th, 2022. These include Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, and Star Atlas, among many others.

Animoca Brands also established new joint ventures including: Anicube with CUBE Entertainment, Inc.; MetaHollywood with Planet Hollywood; and OneFootball Labs with OneFootball. Lastly of note is their partnership with Yuga Labs for the Otherside project, the metaverse game from the Bored Ape Yacht Club.

Other notable investors participating the seed round include KuCoin Exchange Ventures, JellyC, Sfermion, Polygon Technology Studios, Metavest Capital, SL2 Capital, DWeb3 Capital, Spark Capital, Fundamental Labs, OIG Capital, MEXC Global, LucidBlue Ventures, IQ Protocol, Rendezvous Equity, Paribu Ventures, CGU, DuckDAO, Pylon Labs, Prometeus Labs, Vendetta Capital, and several well-known angel investors.

The funds will go towards building out the play-and-earn blockchain game “The Red Village” – launching at the end of the year . They have partnered with one of the top game studios, Animoca Brands’ subsidiary Blowfish Studios, to build the game.

The Red Village will consist of two game modes. A Tournament mode, which is currently live and playable in beta. As well as an expansion of the ecosystem known as The Red Village: Darklands. Both are still currently under development but are described as similar to traditional titles such as RuneScape, Diablo, Skyrim, Elden Ring, and The Witcher.