11 Web3 Game Studios Secure Funding from Magic Eden Ventures for NFT Game Projects

Magic Eden, the cross-chain NFT platform, has announced that it has invested in 11 web3 gaming studios to boost their respective NFT projects.  Magic Eden Ventures, the venture firm of Magic Eden, has provided help to these gaming studios to develop their respective NFT projects ranging from NFT games to NFT platforms.

The studios range from web3 startups to studios that have traditional gaming backgrounds., providing a significant boost for the blockchain gaming industry. The investment will help these studios launch NFT game projects that aim to propel the industry, engaging users and supporting gaming infrastructure.  

The NFT games range from metaverse simulation games(like The Sandox and Decentraland) to kill-to-earn shooter games(EV.IO, Undead Blocks). Overall, the 11 game studios are diverse genres and gameplays, with each of them providing a specific niche and entertainment. Here is a complete list of them.

• BlockStars
• BR1:Infinite
• Bunchverse
• Epic League/Dark Throne
• HoneyLand
• Panzerdogs
• Intella X
• Matchday
• Stella Fantasy
• Strider
• Rooniverse

What is Magic Eden?

Magic Eden is a leading NFT marketplace based on Solana. Its marketplace has steadily come one of the leading NFT marketplaces in crypto and has supported visibility for numerous NFT games in the market. With over 1.5 million daily users, its on-platform engagement introduces gamers to various NFT games while supporting game developers by enabling users to transact digital assets easily.

In June of last year, the project raised $130 million in a series B funding round led by both Electric Capital and Greylock.

Final Thoughts

This investment by Magic Eden Ventures is part of the company's commitment to expanding the web3 ecosystem. The fund will provide a much-needed boost to empower the developing game and NFT projects.

As we speak, the blockchain gaming industry is continually expanding and developing its arsenal of unique and interesting games. It is exciting to imagine what the industry will present for us in the years to come.

If you want to check out other trending NFT games, visit this page for a complete list of them.