Chainmonsters beta release date4/1/2023 ![]() The Web3 engine platform has partnered with blockchain gaming studios, like MoonGaming, VIKER, and GAMI, with more to come in 2023. Kenrick Drijkoningen, general partner at Play Ventures, will join the Nefta board as part of the agreement. Chainmonsters Launches Closed Beta on iOS and Android By Dail圜oin Chainmonsters Launches Closed Beta on iOS and Android Cryptocurrency 01:30PM ET Chainmonsters Launches. What immediately catches the eye is that no subscription or purchase is required. Nefta then met with additional investors before closing the round in January.Īccording to Willink, the seed round brings Nefta's total funding to $6 million. You can explore a beautiful handcrafted 3D world, assemble a team of Chainmon and challenge other players. The announcement came via posts on the game’s official blog and Twitter account. Following this, we received the lead term sheet from Play Ventures," said Willink. On October 6th, the demo for the highly anticipated Chainmonsters, a Play to Earn (P2E) game similar in concept to Pokemon Legends: Arceus, was made available for free on all major gaming platforms, including Steam, Apple Testflight, and Google Play. "That conversation went so well that we received a term sheet to follow in our seed round. SevenX Ventures, on the other hand, was the first to approach the firm. It should be noted that Nefta did not officially raise the seed round. Nefta was valued at $10 million in June 2022 when it received $1 million in pre-seed funding from Picus Capital. Willink also told The Block that the company is now valued at $32.5 million, a 225% jump in its valuation over the last eight months. "With their support, we're able to power the next evolution of game economies, showcasing the benefits of blockchain to help our partners build, grow and scale Web3 ecosystems." Receiving one of the largest investments from its Future Fund demonstrates their conviction in our team, products, and vision," said Willink in a statement. "Play Ventures has one of the best portfolios in the world for gaming and Web3. Armed with a bigger war chest, the firm intends to expand its operations across the gaming, Web3, and AdTech industries. Play Ventures has invested $2.5 million – the single largest investment from its Future Fund.įounded by Geeshan Willink, Nefta is a blockchain technology platform that provides tools for businesses to launch and grow their Web3 products. These tools include custom APIs, software development kits, and white-label services to help companies to integrate digital assets, multi-chain wallets, and dedicated marketplaces. The round was led by Play Ventures, a gaming-focused VC firm, with participation from SevenX Ventures, Sfermion, MZ, Polygon Ventures, and reinvestment from Picus Capital. Nefta, a Web3 infrastructure provider focused on the gaming and entertainment sectors, has secured $5 million in seed funding. Another example of a trading platform for in-game items is OpenSea.Nefta is set to raise the bar for blockchain games and Web3 ecosystems The role playing games came with its own marketplace where players can trade goods and monsters. The RPG is free-to-play and players are able to buy in-game coins. The official open beta for Chainmonsters was meant to be released in February 2022 but, to date, hasn't come to fruition. It was actually one of the first game to utilize ERC-721 tokens. Chainmonsters is available on Android and iOS at this time for mobile play (with closed beta access), and is expected to launch on PlayStation, Xbox and Nintendo Switch in late 2022. Technology improved and the game needed to change up its technical aspects.Ĭhainmonsters is build on the Ethereum blockchain. ![]() After two years of development the original vision of Chainmonsters was not good enough. One month later the developers even launched the game’s first public raid. ![]() Chainmonsters will allow gamers to play cross-platform and to continue their adventures on the go.ī-Side Games announced in early March that its blockchain role playing game would become an MMO. Gamers who will play this free-to-play game on Steam, won’t even notice that the game works on blockchain-technology.īesides the Steam release, the game will also be coming to iOS and Android. That’s why B-Side Games decided to push the blockchain elements to the background. There are 135 unique Chainmons, which you can freely catch in the game world. But thanks to the hassle with third party software and wallet addresses, setting up the game was quite complicated. So far, Chainmonsters is a 2D/3D MMO RPG for Windows, MacOS, iOS, and Android and has built-in cross-play features. Chainmonsters has been available for quite some time now. ![]()
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