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solana ventures – RE3W.IO https://re3w.io Web 3 Gaming News Wed, 29 Mar 2023 16:39:57 +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 solana ventures – RE3W.IO https://re3w.io 32 32 Earth From Another Sun (EFAS) Founder and CEO Freeman Fan Revealed Gameplay Updates https://re3w.io/2023/03/29/earth-from-another-sun-efas-founder-and-ceo-freeman-fan-revealed-gameplay-updates/ https://re3w.io/2023/03/29/earth-from-another-sun-efas-founder-and-ceo-freeman-fan-revealed-gameplay-updates/#respond Wed, 29 Mar 2023 16:39:56 +0000 https://re3w.io/?p=3226 Earth From Another Sun (EFAS) raised $4.5 million in a funding round last July. The funding went towards developing its web3 space conquest game. The funding came from Solana Ventures and Lightspeed Venture Partners – Moritz Baier-Lentz is the newest addition.

Freeman Fan is the founder and CEO of Multiverse, a video game studio with a string of successful releases such as Seeking Dawn and Reveries: Dream Flight. Earth From Another Sun (EFAS) is his newest project in development.

EFAS is described as an action-packed first-person shooter experience in a multiplayer “living, breathing galaxy” with 1,000 troop armies fighting on a battlefield. EFAS apparently already has over ten thousand paying players after three and a half years of development. EFAS is built by a team of game veterans from the likes of Riot Games, Gameloft, Disney Interactive, Kylotonn, IGG, and Perfect World. 

 Earth From Another Sun (EFAS) – Gameplay Updates as of March 24th:

🔊  New SFX for battlefields, weapons & troops

🕹  Updated targeting AI & KNN algorithm

💉  New blood splatters

🦅  New flying & weapon animations

👨‍✈️  New troop animations

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Metaverse Game Studios Raised $10M and New IMX Integration for Web3 Game Angelic https://re3w.io/2022/12/27/metaverse-game-studios-raised-10m-and-new-imx-integration-for-web3-game-angelic/ https://re3w.io/2022/12/27/metaverse-game-studios-raised-10m-and-new-imx-integration-for-web3-game-angelic/#respond Tue, 27 Dec 2022 01:32:18 +0000 https://re3w.io/?p=2424 Blockchain game development studio Metaverse Game Studios recently raised $10 million in a funding round co-led by Pantera Capital, Animoca Brands, Solana Ventures and Everyrealm. Other investors included OKX Blockdream Ventures, Mechanism Capital, Morningstar Ventures, Huobi Ventures and Shima Capital. 

Metaverse Game Studio’s flagship game is called Angelic – it combines turn-based strategy combat with a narrative RPG, all backed by a collaboratively crafting science-fiction setting thanks to blockchain technology. 

Angelic has non-fungible token (NFT) items, including ships and cosmetic items, and a decentralized autonomous organization (DAO) mechanism to give players community governance over the game and intellectual property.

Angelic is running an alpha test for select community members and partners near the end of January 2023. The public launch of Angelic is happening in February 2023. Players in the alpha test and NFT holders will be able to trade their NFTs when the game launches.

Animoca Brands Executive Chairman, Yat Siu, stated:

“Angelic is building a massively multiplayer metaverse with a deep gameplay layer enriched by a sophisticated backstory. We believe this is the right approach to help bridge the divide between blockchain games and AAA titles.”

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Rye CEO Arjun Bhargava Has Announced $14 Million Raise In Funding Led By Andreesen Horowitz https://re3w.io/2022/10/14/rye-ceo-arjun-bhargava-has-announced-14-million-raise-in-funding-led-by-andreesen-horowitz/ https://re3w.io/2022/10/14/rye-ceo-arjun-bhargava-has-announced-14-million-raise-in-funding-led-by-andreesen-horowitz/#respond Fri, 14 Oct 2022 22:59:01 +0000 https://re3w.io/?p=1830 Andreessen Horowitz (a16z) leads a $14 million funding round for Rye. Other investors in the round included Solana Ventures, GOAT Capital, L Catterton, Electric Ant, Electric Feel Ventures, Andre Iguodala, Javale McGee, and James Beshara. The funding will apparently be used to build out the product and engineering teams and to start the decentralization process.

Rye’s team of founders includes former Reddit engineers Bhargava and Saurabh Sharma, Twitch co-founder Justin Kan, Scribd co-founder Tikhon Bernstam, Robin Chen (former head of Zynga China) and Jamie Quint, former head of growth at Notion. 

Rye lets merchants, stores, and customers transact openly and with minimal fees. Rye plans for the API to eventually be fully decentralized on the Solana blockchain.

The Rye API includes an integrated one-click checkout, Amazon and Shopify product data, and connections to affiliate programs. The platform aims to benefit shoppers with a unified checkout experience that allows for shopping from multiple stores in one cart. The checkout will also include web3 features, such as the ability to receive cash-back rewards in the USDC stablecoin and purchase non-fungible token (NFT) releases.

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Backed By Foundation Capital, Metaplex, and Solana Ventures Dust Labs Raised $7 Million In Funding Round https://re3w.io/2022/09/07/backed-by-foundation-capital-metaplex-and-solana-ventures-dust-labs-raised-7-million-in-funding-round/ https://re3w.io/2022/09/07/backed-by-foundation-capital-metaplex-and-solana-ventures-dust-labs-raised-7-million-in-funding-round/#respond Wed, 07 Sep 2022 19:44:58 +0000 http://re3w.io/?p=1427 Non-fungible token (NFT) software company Dust Labs has raised a $7 million funding round, announced during the Solana-based y00ts NFT minting. Participants in the round include Foundation Capital, Solana Ventures, Metaplex, Jump, FTX Ventures, and Chapter One. 

Dust Labs says they are building software to help NFT communities bring more value to their holders. $DUST is a utility token on Solana dubbed as the official currency of the DeGods ecosystem. DeGods is known for its popular eponymous PFP, which is the one of highest valued collections in the Solana NFT world – at the time of reporting.

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Solana Ventures Back From Another Sun Raises $4.5 Million In Funding Round For Web3 Game https://re3w.io/2022/07/18/solana-ventures-back-from-another-sun-raises-4-5-million-in-funding-round-for-web3-game/ https://re3w.io/2022/07/18/solana-ventures-back-from-another-sun-raises-4-5-million-in-funding-round-for-web3-game/#respond Mon, 18 Jul 2022 04:43:49 +0000 http://re3w.io/?p=827 Earth From Another Sun (EFAS) recently raised $4.5 million in a funding round to develop its web3 space conquest game. The funding came from Solana Ventures, Alameda Research, and Lightspeed. “A Quest For Gold” (Early Access) is now live on Fractal!

EFAS describes the game as an action-packed first-person shooter experience in a multiplayer “living, breathing galaxy” with 1,000-troop armies fighting on a battlefield. Players will be able to travel to the stars, trade and mine resources, craft ships and modules, and work together to build an ever-expanding universe.

EFAS players can collaborate to iterate upon their in-game experience or design their own art assets from scratch. Moreover, EFAS plans to use a “live service” model. This means the game is constantly evolving. New updates will introduce equipment, loot, enemies, quests, and NPCs to bring an ever-fuller experience. 

EFAS apparently already has over ten thousand paying players after three and a half years of development. EFAS is built by a team of game veterans from the likes of Riot Games, Gameloft, Disney Interactive, Kylotonn, IGG, and Perfect World.

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Bravo Ready Has Announced Their Raise of $3.9 Million In Funding Round To Develop Infinite Royale NFT Game https://re3w.io/2022/07/13/bravo-ready-has-announced-their-raise-of-3-9-million-in-funding-round-to-develop-infinite-royale-nft-game/ https://re3w.io/2022/07/13/bravo-ready-has-announced-their-raise-of-3-9-million-in-funding-round-to-develop-infinite-royale-nft-game/#respond Wed, 13 Jul 2022 17:46:53 +0000 http://re3w.io/?p=778 Bravo Ready just announced on Twitter a recent raise of $3.9 million to develop BR1: Infinite Royale. The investors in the funding round included Solana Ventures, 6th Man Ventures, Shima Capital, and Fractal CEO – Justin Kan. The new capital will apparently be used to accelerate game and software development.

The game is described as a “never-ending battle royale that uses non-fungible tokens (NFTs)”. The skill-based game operates on a “win-to-earn” model, where players wager money to enter a battle royale match and earn tokens for each kill that they get. 

The title is said to combine NFT technology and smart contract automation. BR1: Infinite Royale is a risk-based shooter, where players pay $1 to spawn in the game. They can earn tokens in Solana’s $SOL cryptocurrency for every kill that they get.

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Solana Ventures Helps Earth From Another Sun for Web3 Game https://re3w.io/2022/06/17/solana-ventures-helps-earth-from-another-sun-for-web3-game/ https://re3w.io/2022/06/17/solana-ventures-helps-earth-from-another-sun-for-web3-game/#respond Fri, 17 Jun 2022 18:26:40 +0000 http://re3w.io/?p=466 Earth From Another Sun (EFAS) has just raised $4.5 million in a funding round to develop its web3 space conquest game. The funding came from Solana Ventures, Alameda Research, and Lightspeed. They also released an updated trailer with live gameplay footage!

EFAS describes the game as an action-packed first-person shooter experience in a multiplayer “living, breathing galaxy” with 1,000-troop armies fighting on a battlefield. Players will be able to travel to the stars, trade and mine resources, craft ships and modules, and work together to build an ever-expanding universe.

EFAS players can collaborate to iterate upon their in-game experience or design their own art assets from scratch. Moreover, EFAS plans to use a “live service” model. This means the game is constantly evolving. New updates will introduce equipment, loot, enemies, quests, and NPCs to bring an ever-fuller experience. 

The space conquest sandbox Earth From Another Sun apparently already has over ten thousand paying closed-alpha players after three and a half years of development. EFAS is built from a team of game veterans from the likes of Riot Games, Gameloft, Disney Interactive, Kylotonn, IGG, and Perfect World. 

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