Gunzilla Games Secures $30m

27 March 2024 06:00

Gunzilla Games, a game development studio focusing on Web3 technologies for the PlayStation platform, has disclosed a successful funding round totaling $30m. Avalanche's Blizzard Fund and CoinFund led the investment, with additional contributions from Republic Capital and Morningstar Ventures totaling $10 million in a strategic token round. Gunzilla Games also mentioned undisclosed equity and validator sales in their statement.

The funding will primarily be allocated towards expediting the development and launch of their forthcoming free-to-play battle game titled "Off the Grid." Additionally, Gunzilla Games is working on establishing an on-chain marketplace for other titles.

Tags: Gunzilla Games Web3

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