Venture capital investors are turning their attention to new Web3 projects and Roboto Games, which was founded by veterans of Web2, plans to add elements of Web3 to its forthcoming game.
Roboto Games Raises $15 Million In Funding
Roboto Games has announced a $15 million Series A funding round led by Andreessen Horowitz (A16z). A16z’s investment shows its commitment to backing exciting web3 gaming projects after launching a $600 million gaming fund in May.
A16z piloted the round, with participation from Ancient8, Animoca Brands, Gumi Cryptos Capital, Harrison Metal Capital, Makers Fund, Merit Circle, and Transcend. To date, total funding has reached $19.5 million, including previously raised $4.5 million in funding in 2019.
According to Roboto Games founders Curt Bererton, CEO, and Mathilde Pignol, CCO, the funding will be used to grow the studio. Comprising to actively seek diverse staff including artists and marketers and working on a new game that supports user-generated content and allows users to own non-fungible tokens (NFTs).
The Roboto Games team previously created ZipZapPlay in 2007, a game developer that made the top 20 social Facebook games including Baking Life, which achieved 1.5 million daily active users.
Making Games Fun To Play With Web3
According to Bererton, the company’s first game, “Last Mage Standing”, has already attracted millions of players. But the focus remains on the second game called “Foragers and Fighters”. The survival/crafting massively multiplayer online (MMO) game blends elements of Minecraft and Genshin Impact and will feature character collection and asset crafting aspects. The company plans to launch a playable version of the game during the first quarter of 2023.
The new gaming studio wants to introduce blockchain technology to the web2 platform by integrating web3 in-game features. Roboto Games is developing a game that supports Web3 optional features, including NFTs. In order to achieve this, the company is focusing on creating a solid game before adding any Web3 features. Players will be able to choose whether or not they want to collect NFTs or play the game without them.
In an interview with CoinDesk, Bererton expressed that they want to make sure that they have the game core solidified and that it’s really fun first before it launches any sort of NFTs or tokens associated with the project.