Bravo Ready Raises $3 Million for BR1: Infinite Royale NFT Game

Want to learn more about the future of the video game industry? Join gaming executives to discuss emerging parts of the industry in October at GamesBeat Summit Next. Learn more.

Bravo Ready has raised $3 million to develop BR1: Infinite Royale, an endless battle royale game that uses non-fungible tokens (NFTs).

The skill-based game uses a "win to win" model, where players wager money to compete in a battle royale match and earn tokens for every kill they get.

The title combines NFT technology and smart contract automation. Investors include Solana Ventures, 6th Man Ventures, Shima Capital and Fractal CEO Justin Kan. The funding will be used to accelerate game and software development.

BR1: Infinite Royale is a risk-based shooter, where players pay $1 to appear in the game. They can earn tokens in Solana's SOL cryptocurrency for every kill they get.

Event

MetaBeat 2022

MetaBeat will bring together thought leaders from across the Metaverse to advise on how Metaverse technology will transform the way all industries communicate and do business on October 3-4 in San Francisco, CA.

> register here

"Once you start betting on your performance in a game, you never get the same level of thrill unless you always have that level of financial risk associated with it," said Evan Ryer, CEO of Montreal-based Bravo Ready in an interview. with GamesBeat.

"It's not just a new game; it's a new way to play. It fundamentally reinvents the financial side of being a gamer," Ryer said. "Our mission is to be at the crossroads of great games that people love and a business model that will drive value for all stakeholders, whether you are a gamer, audience member, content creator or game investor, the BR1 ecosystem is designed to boost incentive and reward while creating a truly next-level gaming experience.

The Montreal company has 18 employees and started about two years ago at the start of the pandemic. The team is scattered.

Investor Comments

BR1: Infinite Royale is a battle royale that never ends.

“We at Solana Ventures are very proud to support Bravo Ready and BR1: Infinite Royale, one of the first shooters to be uploaded to Solana,” said Justin Barlow, senior partner at Solana Ventures who led the deal for BR1 and also advises the BR1 team. "BR1 has introduced an action-packed game that redefines the rules of the battle royale genre and combines utility NFTs with high-quality artwork and graphics. We look forward to supporting the BR1 team in their mission to bring the games Solana to the greatest number."