Creators of the iconic Grand Theft Auto (GTA) franchise have raised $7.6 million in seed capital to kick off their Web3 gaming enterprise, Random Games.

Random Games, a pioneering blockchain video game studio, has made impressive strides in securing funding. raised $7.6 million Their initial funding round, led by Resolute Ventures and Asymmetric, has drawn the interest of investors like ID345, IGNIA, and 2 Punks Capital. Polygon . 

Random Games was founded by industry veterans including Tony Harman, known for creating GTA and Donkey Kong, alongside Wyeth Ridgway, who developed popular franchises like MLB and WWE2K. The talented team also includes Paul Walborsky, David Jones, and Brent Friedman, who have previously contributed to blockbuster titles like Call of Duty and Star Wars.

With the newly acquired funds, Random Games intends to revolutionize the conventional video game industry, launching an innovative game franchise called 'Unioverse' that emphasizes community engagement. blockchain gaming This franchise will enable seamless access and free distribution of digital assets.

According to Joe McCann, the founder and CEO of Asymmetric, 'The Unioverse integrates blockchain technology in a meaningful and innovative way, fundamentally changing the entertainment landscape.'

Unlike traditional platforms, the Unioverse empowers both creators and the community by allowing them to develop and monetize a variety of digital creations, including games, objects, and even films within a virtual environment.

Players will need to purchase NFT avatars to unlock games within the Unioverse, enabling them to trade and exchange these digital assets among themselves. comic books The Unioverse is also a welcoming ground for independent developers, allowing them to craft and market their games without any royalty obligations. Proceeds from NFT avatar sales will contribute to the Game Developer Fund, which is devoted to supporting third-party game projects and in-game innovations.

NFTs Raanan Bar-Cohen, co-founder of Resolute Ventures, emphasized that 'The Unioverse has the potential to redefine the dynamics between game developers and gamers in a way that is mutually beneficial.'

Explore these 6 AI prompt builders, helpers, and tools that creatives truly utilize in 2022.

BLVCK Paris has unveiled a new Genesis NFT Collection.

Here’s a fundraising summary for the metaverse for July.

Read related posts:

• Please be advised that the information presented on this page is purely informational and should not be regarded as legal, tax, investment, financial, or any other form of guidance. It's important to only invest what you can afford to lose, and if you have any uncertainties, seek advice from independent financial experts. We recommend checking the issuer's or advertiser's terms and conditions, as well as their help and support resources. MetaversePost strives for accuracy and objectivity in reporting, but be aware that market dynamics may shift without prior notice.
• Agne is a journalist dedicated to exploring the latest trends and breakthroughs in the metaverse, AI, and Web3 sectors, contributing insightful articles for the Metaverse Post. Her love for storytelling has driven her to conduct extensive interviews with industry experts, always in pursuit of captivating and engaging narratives. Agne holds a Bachelor’s degree in literature and possesses a rich background in writing across various topics, including travel, art, and culture. She has also volunteered as an editor for an animal rights organization, advocating for welfare issues. You can reach her at.
• Shardeum is empowering its validators while rolling out a roadmap for autoscaling the mainnet.