Unbiased sport developer CCP Video games, identified for its multiplayer on-line sport EVE On-line, has introduced that it has secured $40 million in financing from exterior companions to develop a brand new triple-A title set within the EVE Universe.
We’re excited to announce that we’ve got secured $40M financing, led by @a16z, to create a brand new AAA sport inside the EVE Universe using blockchain know-how.
Study extra right here: https://t.co/IZJlPRcZ0z pic.twitter.com/y9cqZKtt2l
— CCP Video games (@CCPGames) March 21, 2023
The financing was spearheaded by enterprise capital agency Andreessen Horowitz (a16z), with participation from Makers Fund, BITKRAFT, Kingsway Capital, HASHED, Nexon, and different traders.
In response to CCP Video games, the upcoming venture will depend on blockchain know-how and good contracts to develop core sport techniques, prioritizing persistence, composability, and enabling open third-party growth to attach gamers and digital worlds. CCP Video games goals to create a brand new relationship between digital worlds and gamers by growing a sport with a deeper degree of participant autonomy and company. The developer believes blockchain know-how will help in that goal
Based in 1997, CCP Video games is headquartered in Reykjavik, Iceland, and has further studios in London and Shanghai.
Associated: What are Web3 video games, and the way do they work?
Andreessen Horowitz, also called a16z, is a number one enterprise capital agency that misplaced billions within the crypto business in 2022. Regardless of struggling losses, a16z stated it remained dedicated to investing within the crypto market and the Web3 imaginative and prescient of the web. Talking to The Wall Avenue Journal on Oct. 26, a16z normal accomplice Chris Dixon stated the crypto market downturn represented a chance to proceed supporting crypto entrepreneurs and that the sector has a long-term horizon for development.
On Jan 17, Carry1st, a cell video games writer in Africa, raised $27 million in a funding spherical that noticed participation from Andreessen Horowitz. The funding will likely be used to advance its publishing and digital content material creation platform, because the backers consider that the African continent is ripe for Web3 adoption.
