Animoca, WeMade, Samsung Next back The Web3 studio will develop open-source games
The company plans to use the funds to create a gaming ecosystem based on Libplanet's blockchain technology.
New
Community-driven gaming company Planetarium Labs has raised $32M in Series A funding, backed by Animoca Brands, Samsung Next and WeMade. The funds will be used to create a blockchain-based gaming ecosystem where players can participate in the gaming network while allowing community members to sit at the table.
According to Thursday's announcement, the company is developing a gaming environment based on Libplanet's blockchain technology, allowing gamers to join the gaming network while giving users a voice in open source content development.< /p>
Planetarium Labs will invest in developing core tools for community gaming and player governance, while enabling major studios to deliver sophisticated Web3 gaming experiences. The company aims to focus on the Libplanet ecosystem for decentralized games and establish a variety of projects including an ecosystem fund and community assistance programs to encourage participation.
The fundraiser also establishes an extensive network of connections for Planetarium Labs across Asia, including Krust Universe, the investment arm of South Korean tech giant Kakao, and WeMade, a global publisher of MMORPG MIR4 on the WEMIX. Platform. Commenting on the development, Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, said:
"We strongly believe that the future is made up of massively decentralized worlds in an open metaverse, which is why we are excited to support Planetarium Labs' vision of community-centric blockchain games that give players the freedom to creation and full digital rights."< /p>
Animoca Brands is one of the most active investors in Web3 spaces. His other holdings include The Sandbox (SAND) and Axie Infinity (AXS). The gaming and venture capital firm has finalized its landmark purchases...
The company plans to use the funds to create a gaming ecosystem based on Libplanet's blockchain technology.
New
Community-driven gaming company Planetarium Labs has raised $32M in Series A funding, backed by Animoca Brands, Samsung Next and WeMade. The funds will be used to create a blockchain-based gaming ecosystem where players can participate in the gaming network while allowing community members to sit at the table.
According to Thursday's announcement, the company is developing a gaming environment based on Libplanet's blockchain technology, allowing gamers to join the gaming network while giving users a voice in open source content development.< /p>
Planetarium Labs will invest in developing core tools for community gaming and player governance, while enabling major studios to deliver sophisticated Web3 gaming experiences. The company aims to focus on the Libplanet ecosystem for decentralized games and establish a variety of projects including an ecosystem fund and community assistance programs to encourage participation.
The fundraiser also establishes an extensive network of connections for Planetarium Labs across Asia, including Krust Universe, the investment arm of South Korean tech giant Kakao, and WeMade, a global publisher of MMORPG MIR4 on the WEMIX. Platform. Commenting on the development, Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, said:
"We strongly believe that the future is made up of massively decentralized worlds in an open metaverse, which is why we are excited to support Planetarium Labs' vision of community-centric blockchain games that give players the freedom to creation and full digital rights."< /p>
Animoca Brands is one of the most active investors in Web3 spaces. His other holdings include The Sandbox (SAND) and Axie Infinity (AXS). The gaming and venture capital firm has finalized its landmark purchases...
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