Prominent Investors Bankroll P2E Project Founded by Gaming Veterans
April 15 2022 - 7:15AM
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The wave of recent cryptocurrency gaming projects has attracted
significant investment, as both digital-facing and traditional
venture capitalists have bet big on play-to-earn and NFTs. It’s not
just financiers either: gaming studio Ubisoft, the company behind
Assassin’s Creed and Far Cry, just led a $60 million investment in
White Start Capital’s new Digital Asset Fund, much of which is
certain to flow into the burgeoning gamefi space. Blockchain games
deployed on mobile and desktop are increasingly viewed as an
accessible gateway to crypto, a means by which the industry can
onboard mainstream users who’ve never owned a Web3 wallet. Titles
such as Wonderman Nation, a forthcoming release from the
experienced Alt Shift Games studio, promise to furnish players with
a riveting experience that combines slick game mechanics and
endless earning opportunities. Little wonder this particular
project has already won interest from some of the industry’s
best-known investors… Tokens Galore Ahead of its public token
launch later this month, Wonderman Nation has received the backing
of multiple high-profile VCs including Shima Capital, Jump Capital,
Chainboost, Sky Vision Capital and ZBS Capital. The likes of Maven
Capital, Fomocraft Ventures, Formless Capital, Bitfrost Ventures
and AU21 Capital have also thrown their support behind the venture,
and in so doing have endorsed its Axie Infinity-esque P2E
dual-token ecosystem. NFT game Axie generated a cool $1.3 billion
in revenue last year, with players praising its addictive
breed-and-battle gameplay. Gamefi, like crypto, is a numbers game.
But not all players necessarily expect a ‘return on investment’:
those entering the space from the traditional gaming world
ultimately want to be entertained. Nevertheless, blockchain-based
gaming ventures like Wonderman Nation need to raise capital to
build a passionate community and ensure a stable ecosystem. To
date, the project has raised $1.6 million from the aforementioned
VCs with a second private round for Key Opinion Leaders and other
strategic partners to follow. Retail users, for their part, raised
a healthy $308k during a short but impactful marketing campaign
late last year. The next important date in the calendar is April
21, when an allocation of WNDR governance tokens will be made
available to investors via the ChainBoost incubator. In total, some
$200,000 will be raised via the protocol’s so-called Boostpad.
Then, a week later, another, larger sale ($800k) will commence on
Polkastarter. The same day, April 28, a third sale will occur on
Blockius, the IDO launchpad formally known as BlockPad. With this
final public round, Wonderman Nation will raise $287k, for a total
public round raise of $1.287m. All of which is to say that
Wonderman Nation is well placed to make a major impact when it
launches later this year. Why Wonderman? So, what’s all the fuss
about? In a nutshell, Wonderman Nation is a fun, cartoonised game
powered by a player-owned economy. Said to combine elements of
CryptoKitties, Final Fantasy and Axie Infinity, the project
leverages the collective expertise of a developer team whose resumé
includes works on popular releases like Zelda, Far Cry, Star Wars,
LA Noire, Warhammer and Dungeons and Dragons. Even a rockstar team
needs a frontman, though, and Creative Director Garth Midgley is
the man at the helm. Having worked with the world’s biggest
publishers (Nintendo, Ubisoft, Atari), Midgley is quietly confident
that the game will bring a freshness to the fast-growing gamefi
industry. Wonderman Nation gives players the opportunity to turn
their skilful gameplay into rich rewards, whether they’re
exploring, battling or breeding colourful creatures (Arcadians)
that can be traded on the open market. Interestingly, Arcadians
aren’t the only creatures that players can bring into the world: by
venturing to new planets and moons, they can unearth mystical new
species which can be cross-bred with Arcadians to create highly
rare critter NFTs. Gamers can also discover, earn and trade
commodities such as food items, which are required to feed hungry
Arcadians. With a preponderance of token utility use cases, a
gifted developer team, and no shortage of experienced investors,
Wonderman Nation is just one of several promising blockchain games
hinting at a bright new future for crypto. Let the games begin.
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