Laguna Games announced it raised $5 million in a seed funding round to develop its blockchain-based game, Crypto Unicorns.
Bitkraft Ventures and Delphi Digital spearheaded the financing round. The round was also participated by Transcend Fund, Polygon Studios, and Headline Ventures. Laguna Games the money will be used to create Crypto Unicorns and develop future games.
The developer, which specializes in blockchain technology, also stated that it plans to mint 10,000 Unicorn Egg non-fungible tokens (NFTs) for the marketplace. These genesis eggs, which are the only ones of their kind, will be available for pre-sale starting on November 15.
Aron Beierschmitt, Laguna Games CEO, said that he wanted to create a game that is different from the usual free-to-play mechanics. “The blockchain gaming industry is experiencing explosive growth, and we are convinced that we are on the verge of the next platform wave. As long-time free-to-play game developers, we are excited to move away from the extractive nature of F2P into fostering and nurturing community-owned game economies through a movement we’ve coined as Play-and-Earn (PAE).”
According to Laguna’s white paper, “Leveraging multiple game types builds additional utility into the NFT assets overtime. For example, a really good racing Unicorn will not necessarily be the best jousting Unicorn, or “Battlecorn.” Ultimately, we envision an ever expanding universe of game loops interconnected with the original farming loop.”
As the game’s name implies, Laguna Games has dubbed Crypto Unicorns its first “digital nation.” The studio said the Unicorns would come in different colors and appearances within the game and would be used for many types of mini-games. Crypto Unicorns will be available for iOS, Android, and Web.
Laguna Games has eight years of game development experience, and the investment is a ringing endorsement of the company.
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