A blockchain-based game studio is getting funding to take on “Magic: The Gathering” and “Hearthstone.”
Announced this morning, Horizon Games raised $3.75 million in seed funding in a round led by Reddit co-founder Alexis Ohanian’s Initialized Capital. Other investors included Coinbase Ventures, Polychain Capital, Inovia Capital and more.
Originally closed in the summer of 2018, the funds have been used to scale-up production on a new ethereum-powered game called “Skyweaver” and a gaming platform called Arcadeum.
A gaming platform built on crypto is teaming up with the creator of “Fortnite.”
As revealed exclusively to CoinDesk, game developers using Epic Games’ Unreal Engine will receive better business terms if they deploy their titles on The Abyss. The Abyss, a Steam competitor funded by an initial coin offering (ICO) in 2018, rewards game devs for purchases made on the platform.
Mike Gamble, head of games licensing for Epic Games, said in a statement:
“We’re delighted that The Abyss has chosen to provide additional resources to Unreal Engine developers and publishers on its platform.
Fans of the biggest Fortnite and Apex Legends streamers on Twitch can now place real bets on how well they play.
Esports platform Unikrn is debuting a new product that lets fans wager crypto on Twitch and other gaming sites, in a bid to give users more content for gambling.
The problem with running an esports book is that there isn’t always something to bet on, according to Unikrn CEO Rahul Sood.
“Other sports books, the reason they can be successful is that they have thousands of events they can take on at any given time,” Sood told CoinDesk.
A new alternate reality game called Satoshi’s Treasure has hidden the keys to $1 million worth of bitcoin across the globe, forcing players to collaborate and improvise.
“A lot of people have joked we’re doing the bitcoin version of Ready Player One,” Primitive Ventures co-founder Eric Meltzer, the game’s co-creator, told CoinDesk. “The game is going to have a leaderboard to show which teams have the most keys.
One has to commend any blockchain company for trying to explore new boundaries and opportunities.