Posts

Showing posts with the label create

Farmville co-creator-led company raises $33M to create Web3 games

Image
Proof of Play raised $33 million to create fully on-chain games that “quickly immerse players in fun gameplay.“ Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan is the CEO of Proof of Play, and Twitch co-founder Emmett Shear is a board member. The funding was co-led by Chris Dixon at Andreessen Horowitz (a16z) and Neil Mehta at Greenoaks. Investors Naval Ravikant, Balaji Srinivasan and the founders of streaming platform Twitch also participated, as well as Web3 firms Anchorage Digital, Mercury, Firebase, Zynga and Alchemy. Proof of Play released a closed beta of its first game, Pirate Nation, in December 2022. Pirate Nation Web3 game. Source: Proof of Play In its announcement, the company claimed it can overcome many roadblocks players commonly encounter when attempting to play Web3 games . It stated that it possesses “a set of technological and product innovations” that will “qu...