ChainCatcher news, Musk posted on the X platform that too many game studios are owned by large corporations, and xAI is about to launch an AI game studio to make gaming exciting again.

ChainCatcher news, Web3 game studio Qooverse has completed its Pre-seed funding round, led by Paper Ventures, with participation from Animoca Brands, Merit Circle, and notable angel investors. The specific amount has not been disclosed.Qooverse is a Web3 game studio founded by senior professionals from Tencent and Goldman Sachs. Qooverse plans to conduct its TGE in early 2025 and is currently developing a moderate and casual social game ecosystem, which will be released on Telegram and more social platforms in the future.

ChainCatcher news, Web3 game studio Opti Games announced the completion of a $2 million funding round to advance the development of its action sports battle game "Sparkball." This round of financing was led by L1D, with participation from CMS Holdings, Impossible Finance, YGG, Monad CEO Keone Hon, and his angel investment group Purple.It is reported that "Sparkball" plans to be built on the Monad chain.According to RootData, Sparkball is a 4v4 competitive "sports fighting game" where teams must balance hitting the ball and fighting to shoot into the enemy goal. Sparkball is described as a combination of "League of Legends" and "Rocket League"/"FIFA" (FutLoL), featuring instant action combat impact, allowing players to list heroes one by one and discover new strategies to support elite team cooperation.

ChainCatcher news, according to Finbold, Web3 game studio Moonveil has revealed that it has received a $2 million investment from Polygon Labs. Of the $2 million investment, Polygon Labs has committed $1 million to promote the development of the AggLayer integration project within the Moonveil ecosystem.In addition, Moonveil announced an upcoming node sale, with the whitelist round taking place on October 22 and the public round launching on October 24. The node activation is planned for the first quarter of 2025, with 25% of the tokens unlocking after the Token Generation Event (TGE), and 70% of the tokens vesting over three years. The remaining 5% will be allocated to community rewards after the TGE. Moonveil also revealed plans for an L2 testnet supported by Polygon CDK AggLayer.Additionally, the Web3 asset data platform RootData shows that Moonveil Studio is a Web3 game company focused on creating high-quality games and an interoperable gaming ecosystem. Moonveil is built on Polygon's CDK and aims not to reduce cross-game value exchange to a single blockchain, but rather to help build a gaming ecosystem that encompasses the entire aggregation network.

ChainCatcher news, according to Chainwire, the UK Web3 game studio Dragonz Lab announced today that it has secured $9 million in funding led by Syndicate Capital Limited Partnership Fund (LPF).It is reported that LPF is a venture fund focused on investments in Web3, blockchain, and artificial intelligence, playing the role of a community builder to promote the development of the digital economy. This strategic equity investment aims to strengthen the development of Dragonz Land (a utility-driven Play-2-Earn game) and promote the development of digital ownership and the Web3 ecosystem.

ChainCatcher news, Web3 multiplayer battle arena game development studio Moonray Studio announced that it has raised $8.25 million through two rounds of financing, with participation from Animoca Brands, Polygon Ventures, and Cardano. Additionally, it has established a game development partnership with Digital Void, a streaming content partnership with Reel FX, and user acquisition partnerships with gaming guilds such as YGG, Snack Club, and Unix.Moonray leverages blockchain technology to enhance the gaming experience through asset ownership, customizable NFTs, and token rewards. The new funding is intended to launch a mobile version of the Autobattler game in the first quarter of next year.

ChainCatcher news, according to official sources, Zilliqa has announced that the Chief Technology Officer (CTO) of its Web3 game studio Roll1ng Thund3rz, Valentin Cobelea, is set to leave. Kenny Creanor will take over as the interim leader of the Roll1ng Thund3rz team, continuing to advance its ambitious roadmap to innovate the gaming industry using Web3 technology. Kenny has previously held multiple positions at Roll1ng Thund3rz and Zilliqa, with his most recent role being Chief Developer.It is reported that the strategic direction of Roll1ng Thund3rz will not change, and the company will continue to pursue growth by developing gaming projects in the Web3 space, such as its free, skill-based shooting game Web3War.

ChainCatcher news, according to CoinDesk, the blockchain game Pirate Nation's development studio Proof of Play will launch Boss Chain on August 29, calling it "the next step in the vision of supporting 100 million+ players across multiple chains."The team stated, "Boss Chain is a blockchain based on Arbitrum Orbit that offers seamless scalability and market interoperability. This is crucial for ambitious applications such as new social or consumer dapps that have a large amount of on-chain computation."

ChainCatcher news, the blockchain game studio Vulcan Forged announced on X that the WRYON airdrop is live, and users holding Pixely or Troy Land NFTs can receive the airdrop.According to the Web3 asset data platform RootData, Vulcan Forged is a community-based blockchain game ecosystem that operates NFT game studios, marketplaces, and dApp incubators. The project aims to support the creation of blockchain games through incubation programs and crowdfunding.

ChainCatcher news, according to Venturebeat, Web3 game studio Autoverse Studios has completed a $8 million funding round, led by White Star Capital, with participation from Sfermion, RockawayX, Ocular, Sidedoor Ventures, MCE Group, Saison Capital, and LiquidX.The funds will be used to develop its social linear racing Web3 game Auto Legends, aiming to be the first game to bring Web3 ownership and trading mechanisms to a large number of traditional free-to-play gamers worldwide.Auto Legends will be a free game available on PC, Mac, iOS, and Android platforms. However, if players want to gain more depth, they can choose to utilize Web3 features. The game is currently in a closed alpha testing environment on PC and Mac in the Epic Games Store.

ChainCatcher news, according to The Block, Web3 game studio Curio has completed a $5.7 million seed funding round, led by Bain Capital Crypto and SevenX Ventures, with participation from OKX Ventures. This round brings Curio's total funding to $8.7 million.Curio focuses on building composable infrastructure for on-chain games and plans to use the funds to expand its core team and develop a social strategy game called Duper.

ChainCatcher news, Solana ecosystem Web3 game studio Unagi announced on Twitter that the UNA token will be launched on June 12, and simultaneously revealed the UNA token economics, where 22% of the tokens will be allocated for game and community rewards, 20% will be allocated to the ecosystem, and 17% will be allocated to the team.According to previous news, last February Unagi completed a $5 million seed round financing, led by Sisu Game Ventures, with participation from Sfermion, Signum Capital, and 2 B Ventures.

ChainCatcher news, according to The Blocks, full-chain game studio and infrastructure provider Blade Games has completed a $2.4 million seed round financing, led by PTC Crypto and IOSG Ventures, with participation from Bonfire Union Ventures, Animoca Ventures, Mantle, ForesightX, Formless Capital, Public Works, Puzzle Ventures, K300 Ventures, and others.Games built using Blade Game's self-developed zk game engine can run game logic in zkVM and push state differences as zkSNARK proofs onto the chain, which are then verified on L2. The zk game engine currently processes up to 12-15 frames per second and is about to update its batch proof capabilities. The engine currently supports all game studios developing survival, tower defense, RPG, and roguelike card-building games.Blade Games' self-developed game Dune Factory launched its internal testing on May 1, and announced the internal testing rules and rewards on April 29. The game is scheduled for public testing at the end of May.

ChainCatcher news, the Web3 game development studio [Games for a Living (GFAL)](https://www.rootdata.com/zh/Projects/detail/Games for a Living?k=OTQxMg== "Video Game Development Studio") has raised $3.2 million in seed funding, with participation from Supercell, Mitch Lasky, and others. In addition, GFAL has soft-launched its mobile game Elemental Raiders and plans to conduct several soft launches in the fourth quarter of 2024, transitioning to a full version in 2025.According to the RootData page, Games for a Living (GFAL) is headquartered in Barcelona and is an innovative video game development and publishing studio. The leadership team members have held positions at industry-leading companies such as King Entertainment, Activision Blizzard, Electronic Arts, Netflix, and Digital Chocolate. GFAL successfully launched the GFAL token in the first quarter of 2023, raising $4.4 million in funding.

ChainCatcher news, according to an official announcement, the blockchain game studio InfiniGods has completed a $8 million Series A financing round, exclusively invested by Pantera Capital. This funding will be used to develop its mobile game King Of Destiny.According to the crypto data platform RootData, in May 2022, InfiniGods completed a $9 million seed financing round, led by Pantera Capital, with participation from Framework Ventures, Jefferson Capital, Animoca Brands, and Double Peak. The funding will be used to release three games in 2022, including one with in-game utility NFTs.

ChainCatcher news, focusing on generative AI, the Web3 game studio Sortium announced the completion of over $4 million in financing, led by Signum Growth, with participation from Cathie Wood's ARK Investment Management LLC, IDG Blockchain, IVC Fund, Polygon, and 1881 S Group AG.According to the RootData page, Sortium is an entertainment technology company that combines AI and Web3, aiming to reimagine the way games and digital experiences are built. Sortium plans to launch its first game, CosmoGene, which will allow players to create unique virtual genetic experiments generated by AI-supported synthetic DNA. The game learns and adapts to players, which in turn develops the environment.

ChainCatcher news, according to NFTgators, the Web3 game studio Planet Mojo announced the completion of a new round of strategic financing, led by Animoca Brands, Merit Circle, and Courtside VC, with participation from Spartan Group, Citizen Capital, Sfermion, Big Brain Holdings, EVG, Republic, NGC Ventures, Readyplayer DAO, Alchemy, Momentum 6, Skyvision Capital, RW3 Ventures, Collab+Currency, Polkastarter, Metavest Capital, Everyrealm, and Fourth Revolution Capital.Planet Mojo stated that the new funds will be used to develop the Mojo ecosystem and its game Mojo Melee based on the Polygon blockchain.As of now, Planet Mojo's total financing has reached $10.5 million. Planet Mojo previously completed a $5 million seed round financing in December 2021, led by Animoca Brands.

ChainCatcher news, the Swiss Web3 game studio 7 Digital Labs announced the completion of a $4 million seed round financing, which was participated by the Avalanche Foundation, Merit Circle, and Citizen Capital. This round of financing will be used to complete the development and release of the Web3 game BloodLoop.It is reported that BloodLoop is a shooting game based on the Avalanche subnet, where players can collect NFTs in each match, compete against each other to climb the leaderboard, and earn BLS rewards.

ChainCatcher news, the Web3 game studio Crypto Rogue Games based in Mörbylånga, Sweden, announced the completion of a $1.5 million seed round financing, led by Avalanche and Merit Circle, with participation from SNZ, Coinfund, Lyrik Ventures, and angel investors such as Bryan Pellegrino.It is reported that the new funds will be used to accelerate the development of their blockchain action role-playing game "Crystals of Naramunz" and to promote the release of a closed beta version in June this year.