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10 Biggest Web3 Games by Funding

Blockchain tech has made serious waves in many industries, and . This has led to the creation of unique gaming experiences that were once only a dream. With a focus on ownership, blockchain games are becoming the next big thing in gaming, offering players complete control over their experiences. Web3 gaming offers other benefits as well, such as transparency, decentralisation, and a user-centric experience. None of this would be possible without distributed ledger technology and smart contracts..

Funding in Web3 Gaming

Investment in Web3 gaming has been massive, with studios and games receiving over $4 billion in funding in 2022 alone. This momentum is only increasing as we see some of the biggest names in the industry leading the way with the largest funding rounds ever. In this article, we will explore the top 10 games by funding to watch out for in the coming year. It’s clear that 2023 will be a big year for Web3 gaming!!

  1. CCP Games

Iceland-based CCP, which was founded in 1997, said in the announcement that the new game would use smart-contract technology to create relationships between the virtual worlds and players. There were many investors in the a16z Crypto- led round. The3 investment will help CCP Games expand its research-and-development team to create a blockchain-based massively multiplayer online (MMO) game title set within the universe of Eve Online,

Funding

 $40,000,000

Investors

A16z crypto, BITKRAFT, Makers Fund

  1. Skyweaver 

Skyweaver is a trading card game that can be played for free and is developed on the Ethereum blockchain. The game allows players to create their own deck by combining various Prisms, each having distinct abilities. This game is a step towards the next generation of trading card games, providing players with ownership, earning, and trading opportunities for their cards, while also offering strategic gameplay. Currently, the game is in its open beta phase and is poised to revolutionize the trading card game genre.

Funding

 $40,000,000

Investors

Morgan Creek Capital, Ubisoft, Brevan Howard, Take-Two Interactive

3. Champions: Ascension 

Champions: Ascension is an Ethereum-based turn-based strategy game with RPG elements. Players can discover the world of Massina and engage in battles in the colosseum while using intricate breeding mechanics to create and collect unique NFT Champions. The game is supported by Andreessen Horowitz’s crypto arm, which is known for its experience in the field, and it will be interesting to see where this takes them.

Funding 

$32,000,000

Investors

A16z Crypto 

4. Revolving Games

Web3 gaming studio Revolving Games has raised $25 million in a funding round led by crypto investment firm Pantera Capital. The capital will be used to develop  decentralised gaming experiences for in-house titles and with global partners. The second title from Revolving Games is Skyborne Legacy, a social world, built on Polygon, trading role playing game. The official product announcement was in October 2022.

Funding 

$25,000,000

Investors

Pantera Capital

5. BLOCKLORDS

BLOCKLORDS is a medieval MMO grand strategy game, built on Polygon and Immutable X, and developed by MetaKing Studios. As a player, you have complete control over your experience, whether you choose to live a peaceful life as a farmer or be a warrior who engages in battles frequently. Each hero has their unique traits and stats that evolve as you progress through the game, allowing you to create your own unique experiences. BLOCKLORDS’s investors includes some of the biggest names in the game, and with the recent release of BLOCKLORDS gameplay, it is on track to becoming the next big strategy title.

Funding

$15,000,000

Investors

BITKRAFT Ventures, Makers Fund, Animoca Brands, Huobi Ventures, Immutable X, Polygon Labs, Jump Trading, Polkastarter, Square Enix, Krafton, FunPlus and many more

6. Dimensionals

Mino Games’ latest creation, Dimensionals, is an RPG where players embark on an adventure across various dimensions, collecting unique heroes and creating unforgettable memories. Each hero is an NFT, providing players with full ownership of their journey. Although the game is still under development, following their Twitter is an excellent way to stay informed about all the latest updates.

Funding

$15,000,000

Investors

Standard Crypto, Boost VC, Konvoy Ventures and more.


7. Dogamí

Dogamí is a mobile game that lets you breed and raise virtual puppies, while earning rewards in the form of $DOGA tokens. Built on Tezos, this play-to-earn game promises a unique experience known as the “petaverse,” taking the concept of Nintendogs to the next level. Players can complete challenges to earn tokens, which can be used to purchase new puppies, breed their own dogs, stake for extra yield, or even become part of the DOGA council.

Funding

$14,000,000

Investors 

Ubisoft, Animoca Brands, Blockchain Founders Fund.

8. Worldwide Webb

Worldwide Webb is an MMORPG that can be played directly in your browser. The game takes place in a dystopian future with a pixelated aesthetic where the world has transitioned to a blockchain.. The lines between reality and the virtual world are blurred, and players must climb the social ladder by any means necessary to gain wealth and power. Whether you prefer battling in the 5v5 MOBA-style arena or improving your skills and crafting, the game rewards those who are brave enough to take risks.

Funding

$10,000,000

Investors

Pantera Capital 

9. Matr1X FIRE

Matr1x FIRE is a first-person shooter game designed for mobile, featuring 5v5 battles set in a Cyberpunk-themed metaverse built on Polygon. The game offers various game modes and serves as the entry point to the Matr1x Metaverse, which will evolve across different titles within the verse in three stages. The game also integrates NFTs to create a secondary market for skins, gloves, and knives, which players own and can trade. In addition, the community plays a vital role in the game, allowing users to create skins, maps, and other content. Check out some gameplay footage!

Funding

$10,000,000

Investors

Hana Financial Group, Hashkey Capital, Amber Group, SevenX Ventures

10. Jungle

Jungle is a game development studio located in Brazil that focuses on creating hybrid games that incorporate blockchain technology. The funding they have received will be used to develop their first game, a mobile extraction shooter set to release in 2023. While there is currently limited information available about the game, with major venture capitalists backing the $6 million investment, it is expected to be a highly anticipated release.

Funding

$6,000,000

Investors

Delphi Digital, Fourth Revolution Capital, 32bit Ventures, and more.

Funding

$5,000,000

Investors 

Polygon, Ancient8, Morningstar Ventures, Avalaunch and more.

Looking to the future 

Funding in the Web3 gaming space is growing, and fast, as developers and gamers alike look to the future, with decentralised gaming experiences. Player ownership is at the centre of the experience, and we’d have it no other way. Its an exciting space to be in, and one to watch very closely 

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