March 27, 2024
Swiss gaming studio 7 Digital Labs has raised $4 million in seed funding for its blockchain game, BloodLoop. The funding round was led by the Avalanche Foundation, Merit Circle, and Citizen Capital. The funds will be used to complete BloodLoop's development and prepare for its market launch.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Category |
|---|---|---|---|---|---|
BloodLoop | Mar 27 2024 | $3.2M | Seed | $4M | Gaming |
BloodLoop is a free-to-play hero shooter game that incorporates blockchain technology. The game has attracted over 350,000 registered users within the first two weeks of its announcement. BloodLoop operates on an Avalanche Subnet, a dedicated blockchain within the Avalanche network, to facilitate secure and seamless transactions for players.
The game features a 5v5 third-person shooter format with various maps and game modes. Players can select heroes with unique abilities and playstyles, allowing for different strategies and team compositions. The objective is to complete specific goals, such as capturing points or eliminating opponents, to win matches.
Upon completing matches, players receive materials and fragments represented as non-fungible tokens (NFTs). These NFTs grant players ownership of in-game assets, which can be used within the game or traded with other players, adding an economic element to the gameplay. This system enables players to earn real-world value through their in-game activities.
BloodLoop aims to bridge traditional web2 and web3 gaming by offering an intuitive experience for all players, regardless of their familiarity with blockchain technology. The use of an Avalanche Subnet ensures low transaction fees and quick processing times, making the game accessible to a wide audience.
About BloodLoop:
BloodLoop is a massively multiplayer online first-person shooter (MMO-FPS) game developed by 7 Digital Labs. It integrates a decentralized economy inspired by traditional video game mechanics, offering a blend of web2 and web3 gaming experiences. BloodLoop focuses on providing players with ownership and interoperability of in-game assets.
Website: https://www.bloodloop.com/
X Account: https://x.com/BloodLoopGAME
X Followers today: 178.9k
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About Investor
Investor: Avalanche
Avalanche is a blockchain platform that supports decentralized applications and enterprise blockchain deployments. The platform focuses on providing high performance, scalability, and security for blockchain-based projects.
Location: United States
Website: https://www.avax.network/
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