August 28, 2024
The popular casual game SnakeLite has successfully raised millions of dollars in funding, establishing a strong foundation for its entry into the Web3 gaming space. This significant investment marks SnakeLite’s evolution from a top mobile app to an innovative Web3 project, opening a new chapter in its gaming universe.
Project | Latest Raise Date | Category |
|---|---|---|
SnakeLite | August 28, 2024 | X-To-Earn, Gaming |
The funding round was supported by several leading investment institutions and strategic partners, including Ace Redpoint Ventures, One Piece Labs, Mirana Ventures, Sky9 Capital, Fenbushi US, NGC, Antalpha Ventures, Gate Labs, KuCoin Ventures, Huobi Ventures, CyberConnect, Alchemy Pay, Redline Labs, Cobo Ventures, SNZ Holding, ViaBTC Capital, and others.
This funding will support the development and integration of new features, including a custom skin system, team play, and a Snake cultivation system. The game currently supports multiple chains such as TON, Solana, Ethereum, BNB Chain, and Sonic, with plans to prioritize full on-chain game development in the next version. Additionally, the team is advancing an API designed for third-party integration, along with a web app that is in the final phase of development. Weekly updates bring new tasks and collaborations across platforms, further enhancing the content and interactive experience.
Ace Redpoint Ventures highlighted SnakeLite’s pioneering approach in the GameFi space, emphasizing its seamless transition from Web2 to Web3 gaming, which underscores its unique appeal and vast potential. They expressed pride in supporting SnakeLite’s journey and excitement for its future.
SnakeLite’s transition to Web3 is not just a technological innovation but also a strategic market expansion. As a blockchain-based game, SnakeLite offers players a simple, engaging way to earn rewards while exploring the Web3 metaverse. Its unique mining mode and strong community interaction position it as a key player in the future of GameFi.
About Snake Lite
SnakeLite is a casual game that has evolved into a Web3 project. It allows players to earn tokens by playing, making it part of the GameFi (Game Finance) space. The game supports multiple blockchains like TON, Solana, Ethereum, BNB Chain, and Sonic. Players can enjoy features like custom skins, team play, and a Snake cultivation system. SnakeLite also offers a unique mining mode and strong community interaction, positioning it as a key player in the future of blockchain-based gaming.
Website: https://snakelite.io/
About Investor
The funding round was supported by several leading investment institutions and strategic partners, including Ace Redpoint Ventures, One Piece Labs, Mirana Ventures, Sky9 Capital, Fenbushi US, NGC, Antalpha Ventures, Gate Labs, KuCoin Ventures, Huobi Ventures, CyberConnect, Alchemy Pay, Redline Labs, Cobo Ventures, SNZ Holding, ViaBTC Capital, and others.
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