N3TWORK Studios Raises $46M in Series A Funding

N3TWORK Studios, San FranciscoCA-based developer and publishers of blockchain games, Xing, raised $46M in Series A funding.

Theround was led Griffin Gaming PartnersParticipation from Kleiner Perkins, Galaxy Interactive, KIP, Floodgate, LLL Capital, N3TWORK. AsPart of the financing Griffin Gaming Partners’ Peter LevinWe will be joining the BoardOf Directors.

TheThe company plans to use the funds for the development and launch its first two web3 titles. Legendary: Heroes Unchained  Triumph.

LedBy Matt Ricchetti, President, N3TWORK StudiosThis is a brand new gaming studio that aims to create unforgettable experiences inYou can go on and on about the blockchain. Legendary Heroes Unchained is a crypto native title, a play-and-earn RPG based on the popular Legendary: GameOf Heroes IP, that will be built from the ground up inPartnering with its community Triumph This is a deep and accessible multiplayer RPG that’s both real-time and accessible. It features an innovative economy that combines free-play with web3 to appeal to the mass market on mobile devices.

N3TWORK Studioswas formed in January2022 from the games group of N3TWORK Inc., after Forte’s acquisition of the N3TWORK platform. The team is made up of more than 60 industry veterans — from companies including EA, Kabam, Zynga, Glu, GREE, Scopely, Machine Zone, Warner BrothersAnd Disney.

FinSMEs

19/05/2022

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