Web3 game studio Redemption Games completes $7 million funding, led by Play Ventures

ChainCatcher news, Web3 game studio Redemption Games announced the completion of a new funding round of $7 million, led by Play Ventures, with participation from Bitkraft, Merit Circle DAO, Orange DAO, and a group of industry professionals.

It is reported that Redemption Games is an independent studio spun off from mobile game development giant AppLovin, currently leveraging blockchain technology, digital collectibles, and AI solutions to develop games that can be brought to the mass market, incorporating Web3 elements such as digital assets into the games. (source link)