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merit circle – RE3W.IO https://re3w.io Web 3 Gaming News Sat, 04 Feb 2023 07:26:35 +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 merit circle – RE3W.IO https://re3w.io 32 32 Oh Baby Games Raised $6M In Seed Funding Co-Led By eGirl Capital and Synergis Capital https://re3w.io/2023/02/04/oh-baby-games-raised-6m-in-seed-funding-co-led-by-egirl-capital-and-synergis-capital/ https://re3w.io/2023/02/04/oh-baby-games-raised-6m-in-seed-funding-co-led-by-egirl-capital-and-synergis-capital/#respond Sat, 04 Feb 2023 07:26:33 +0000 https://re3w.io/?p=2702 Oh Baby Games raises $6 million in seed funding co-led by eGirl Capital and Synergis Capital. The round also included participation from crypto gaming DAO, Merit Circle. As well as a few notable angels including Twitch co-founder Kevin Lin and popular crypto Twitter figures cl207 and inversebrah.

The first game to be released is called “What The Kart” and is said to be a spin on a traditional racing cart game. This release will apparently be followed by “Rugpull Guys” and another platform fighting game. Oh Baby Games plans to launch cross-game collectibles as part of its rollout strategy and launch these games in 2023. The Oh Baby Games team has worked on web2 games such as the Call of Duty franchise, League of Legends, and Magic: The Gathering. 

Pas Tran, the founder of Oh Baby Games, stated:

“The Kart genre hasn’t innovated for decades. Equipment should matter. Custom garages to personalize and show off. Ghost battles against others. Player made bounties. The tracks should tell a story, not just be a continuous 3 lap loop all the time.” 

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Gameplay Galaxy Has Raised $12.8 Million for Their Web3 Decentralized Competitive Gaming Ecosystem https://re3w.io/2022/09/09/gameplay-galaxy-has-raised-12-8-million-for-their-web3-decentralized-competitive-gaming-ecosystem/ https://re3w.io/2022/09/09/gameplay-galaxy-has-raised-12-8-million-for-their-web3-decentralized-competitive-gaming-ecosystem/#respond Fri, 09 Sep 2022 03:29:34 +0000 http://re3w.io/?p=1438 Gameplay Galaxy announced it has raised $12.8 million in funding for its web3 decentralized competitive gaming ecosystem. The creators of Trials Xtreme are also preparing to launch a new entry in the series as the first game on the platform.

Blockchain Capital led the round, with Merit Circle, Com2uS, Mysten Labs, Solana Ventures, Yield Guild Games, and Hustle Fund participating. The company plans to use the funding to build out more features for the platform, as well as new games. It also intends to offer its own web3 wallet to users, as well as ease onboarding for web2 users.

Gameplay Galaxy users will be able to earn money by competing in Trial Xtreme’s races and competitions, and will also be able to earn their own in-game assets, including NFTs. The creators also say that users who don’t wish to engage with these mechanics can enjoy the racing by itself.

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