In addition, the CEO, Amitt Mahajan, also known as the co-creator of Zynga’s iconic game FarmVille, revealed his further plans. Besides, the company wishes to allocate funds for the creation of fully on-chain games that will be there forever. Furthermore, the company recently tweeted and revealed the participation of other notable members as well. Finally, they made an official announcement of the funding.
Proof of Play, the studio known for creating the blockchain-based game Pirate Nation, has raised $33 million. The venture capital firms Andreessen Horowitz and Greenoaks Capital co-headed the funding round.
The blockchain-based role-play game Pirate Nation’s company, Proof of Play, successfully gained funding of $33 million. The beta version of the game was released in December 2022 and has received many updates till now. Therefore, the venture capital aims to fuel the company’s expansion and further development of technology.
Introducing Proof of Play, an onchain game studio & technology company.We are delighted to announce our $33m seed round led by @a16z and Greenoaks, with participation from incredible angels & founders incl. @naval @balajis @justinkan @jtwald @immad @nikil @gabusch & many more. pic.twitter.com/c2BPShTdik
Chris Dixon from Andreessen Horowitz his excitement, he said, “We are thrilled to be backing Proof of Play as they architect an on-chain gaming future.” Further, Mahajan quoted about his plans for everlasting games, “Over a billion hours of playtime, creativity, and investment was lost with FarmBille’s termination, This made me search for ways to render games everlasting.”
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