September 10, 2024
The roguelike RPG Castile has started its monthlong open beta today, accompanied by a rewards campaign distributing 10 million CAST tokens before their official launch. This event coincides with Nytro Lab, the game’s developer, securing an additional $8 million in funding, bringing their total to $25 million.
Project | Latest Raise | Latest Raise Date | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|
Nytro Labs | $8M | September 10, 2024 | $25M | SevenX Ventures | Web3, Gaming |
Castile, built on the Aptos platform, combines the traditional roguelike gameplay of dungeon crawling and resource gathering with RPG elements. It also features a marketplace for trading in-game cards using NFTs.
The beta launch follows Nytro Lab’s recent $8 million funding round, led by SevenX Ventures and supported by OKX Ventures, Aptos Labs, and HashKey Capital. Nytro Lab intends to use this investment to deliver monthly content updates, host community events, and form new partnerships, including adding social features and expanding the marketplace.
Arthur Kao, co-founder of Nytro Lab, expressed excitement about scaling their vision, enhancing Castile with new content, and promoting Web3 gaming through blockchain technology.
About Nytro Labs / Castile
Castile is a roguelike RPG set on Iboas Island, where players fight through dungeons, level up, and gather resources. The game features a marketplace for trading in-game cards using NFTs. Recently, the game launched its open beta and is running a rewards campaign to distribute CAST tokens. The developer, Nytro Lab, has secured significant funding to support ongoing content updates, community events, and new partnerships.
Website: https://www.castile.world/
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About Investor
Investor: SevenX Ventures
SevenX Ventures is a research-driven crypto venture capital firm founded in 2020. The name “SevenX” is inspired by the significance of the number seven in various cultures. In Eastern culture, Buddha takes seven steps, and the lotus blooms, while in Western culture, God took seven days to create the world. SevenX Ventures aims to bridge these different cultures and empower the future of blockchain.
The firm is led by a team of experienced professionals, including founding partners Jon, Eraser, and FC, along with investor Yinghao, researcher Hill, and others. They focus on researching and investing in blockchain and cryptocurrency projects, providing comprehensive support for projects and entrepreneurs.
Location: Singapore
Website: https://www.7xvc.com/
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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