KUALA LUMPUR, Sept 12 (Bernama) -- Massively multiplayer online and strategy game experts GamePhilos Studio has raised US$8 million in seed funding from Xterio Ltd, Animoca Ventures, SevenX Ventures and Chain Hill Capital, with participation from Hashkey Capital, Sanctor Capital, Game7, Bas1s, GSR Markets and GSG Ventures. (US$1=RM4.67)
The funding will be used to develop and distribute its upcoming mobile and PC strategy game Age of Dino by the studio team, which is helmed by game industry leaders at Netease, Zynga, FunPlus, ByteDance, Longtech, Blizzard Entertainment and other major industry players.
“We are thrilled to be partnering with such a proven team of expert strategy game developers, most of whom yield from FunPlus, and have led multi-billion dollar properties.
”Age of Dino is a flagship title for the Xterio platform that will demonstrate how we successfully launch and operate massive free-to-play PC and mobile games with on-chain assets,” said Xterio chief operating officer, Jeremy Horn in a statement.
By blending elements from the web 3.0 ecosystem and traditional gaming platforms, the title aims to redefine digital ownership and how strategy players can earn, use and trade collectibles and resources.
The title will leverage the Xterio Foundation platform, specialising in free-to-play games with meaningful web3 integrations, in which the platform will provide critical blockchain-related technical support and a Software Development Kit (SDK) for Age of Dino.
The Xterio Foundation and its ecosystem partners jointly have raised more than US$65 million to date in funding to create engaging, immersive gaming experiences driven by player ownership.
Age of Dino places the player amid a war for survival between conflicting factions that have mastered genetic manipulation to create dinosaur war machines.
With deep city, characters, and armies customisation set in a visually stunning universe, Age of Dino delivers a rich and unique game experience to strategy fans.
Age of Dino is scheduled to launch in selected countries early next year on mobile devices.
-- BERNAMA
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