N3TWORK Studios, a company that develops blockchain games, has raised $46 million in a Series A funding round.
According to the May 18 press release, N3TWORK Studios’ Series A funding round was led by Griffin Gaming Partners and included; Kleiner Perkins, Galaxy Interactive, KIP, Floodgate and LLL Capital companies such as
Fund raised is the company’s first two blockchain-based games Legendary: Heroes Unchained and of Triumph to the development used and according to the statementboth games cryptocurrency will be based. Stating that there are RPGs in both games, the company said, announced that the games will be free to play.
Matt Ricchetti, President of N3TWORK, said in a statement on the subject:
We are a group of experts to provide authentic web3 experiences and free games.
said.
According to the report prepared by DDM DATA & RESEARCH SERVICES, the interest in blockchain games is compared to the previous year. increased by 2000% and in the first quarter of 2022, approximately 3.5 billion dollars investment Blockchain games have taken over half of the gaming industry.