• Revolving Games, a maker of web-based games, has completed a $25 million seed fundraising round

  • Revolving Games, a blockchain-based game production company, raised more than $25 million in two startup fundraising rounds.

    According to a press statement, Revolving Games raised $12 million in pre-seed fundraising and $13.2 million in seed funding. The seed fundraising round was attended by Pantera Capital, Animoca Brands, Polygon, Dapper Labs, and Grand Theft Auto producer Dan Houser.

    Over the following two years, the company will invest a total of $25 million in creative and totally decentralized web3 games.

    “We couldn’t be more passionate about building out a true web3 ecosystem of exciting, unique gaming experiences, and we see that reflected in the work being created here,” Animoca Brands co-founder Yat Siu said in a statement.

    Revolving Games focuses on AAA games or video games with a higher production value and budget. AAA gaming brands include Grand Theft Auto, Halo, and Call of Duty. While blockchain gaming has witnessed an increase in the last year as a result of Axie Infinity’s stratospheric growth, blockchain-based AAA games are not as widespread as their mobile or web-based counterparts.

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