Funding Alert: Horizon’s Big Move

On October 4, Horizon Blockchain Games announced they bagged a whopping $40 million in Series A funding. Now, before you get any ideas about hopping on a yacht, this money is intended for serious game development!

Who’s Involved?

This funding round was led by Brevan Howard Digital and Morgan Creek Digital, but they weren’t alone. The investor roster reads like a who’s who in the gaming and blockchain world, featuring names like Polygon, Take-Two Interactive, and gaming legend Ubisoft. Even co-founders of notable projects such as Axie Infinity and The Sandbox jumped on board. It’s a testament to the growing interest in the Web3 gaming landscape!

What’s Next for Horizon?

With these fresh funds in their war chest, Horizon Blockchain Games has ambitious plans. They aim to:

• Expand their developer stack and smart wallet Sequence.
• Boost the content and reach of Skyweaver, their NFT turn-based card game.
• Launch the Niftyswap marketplace to facilitate SFT trading.

Peter Kieltyka, the co-founder and CEO, expressed enthusiasm about how this funding will help in nurturing the Sequence ecosystem.

Skyweaver: More Than Just a Game

Skyweaver, a card game like no other, allows players to engage in epic battles while earning tokenized cards. Based on the Polygon network, the game has been a hit since its launch in February. Just consider this: over 3 million games played during its private beta and a staggering 345,000 people on the waitlist! Talk about popular!

The Future of SFTs and Niftyswap

So, what’s the scoop on Niftyswap? This groundbreaking marketplace aims to streamline the trading of semi-fungible tokens (SFTs). You might be wondering what SFTs are—think of them as tokens that can switch between being fungible and nonfungible. They’re simply the best of both worlds! Thanks to the innovative ERC-1155 token standard, which Horizon’s team helped create, trading these tokens will now be a breeze.

The Bloomin’ DApp Scene

If you thought only Horizon was thriving, think again! According to data from DappRadar, the popularity of blockchain gaming is on the rise. September saw an uptick in users engaging with decentralized applications (DApps), with seven out of the top ten games welcoming more unique wallet addresses into their ecosystem.

In conclusion, Horizon Blockchain Games is not just raising funds; they’re raising the stakes in the blockchain gaming arena. Who knows, our favorite card game might just be a step closer to global domination. Cheers to that!