June 20, 2024
Farworld Labs, the Farcaster-Native Gaming Company, has successfully completed its pre-seed funding round, raising $1.75 million. This round was jointly led by Lemniscap and Variant. The team has stated that this funding will accelerate the deployment of their planned Q3 releases. This includes the much-awaited launch of the Farcade platform, which is being developed in collaboration with premier studios and developers.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Farworld | $1.75M | June 20, 2024 | Pre-seed | Variant, Leminscap | Gaming |
The Farcade, built on decentralized social media protocols, provides a platform and a set of tools for developers to create games native to cryptocurrency that can integrate with onchain social. This makes the games immediately playable within social media feeds with just a single click.
Farworld Labs is set to make a significant impact in the gaming sector with its initiatives in decentralized social media and web3 gaming. Having successfully raised new funds, the company is gearing up for the introduction of Farcade and upcoming game launches. Their goal is to revolutionize the way players interact with games built on the blockchain.
About Farworld Labs
Farworld is a gaming platform that appears to be focused on the creation and interaction with unique digital creatures. The platform includes features such as a marketplace, leaderboard, and an arena. Users can sign in to access these features
Website: https://www.farworld.gg/
X Followers today: 900
About Investor
This round was led by Variant, Lemniscap with participation from Base Ecosystem Fund.
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A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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