ChronoForge Secures $3M in Strategic Funding

ChainPlay

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4 months ago

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Blockchain RPG ChronoForge has recently achieved a significant milestone, securing a substantial $3 million in a strategic investment round. This funding, led by the Rift Foundation, aims to propel the development of the multiplayer action RPG, $RIFT token, and its expensive gaming platform. Notable participants in this round include Citizen Capital, Neo Tokyo's investment arm, and various prominent Web3 VCs and content creators.

Crafting a Unique Gaming Experience

Developed by Minted Loot Studios, ChronoForge distinguishes itself through a unique blend of collective player decision-making that directly influences the game world. The project is helmed by a seasoned team of over 40 developers, many of whom boast extensive experience in blockbuster titles like Diablo II & III, Monster Hunter World, Battlefield 2042, Gears of War, Armored Core VI, and Street Fighter.

ChronoForge has witnessed a remarkable surge in its NFT values over the past year, garnering attention without significant marketing expenditures. The project attributes this success to the enthusiastic support of its dedicated fan base, particularly after the first public playtest in October. This strong community backing has also attracted interest from notable figures such as Citizen Capital, Alex Becker, Ellio Trades, WW Ventures, and Liquid X.

Strategic Backing and Future Innovations

The strategic investment round drew support not only from traditional investors but also from influential Web3 content creators and gaming-centric VCs and DAOs. With this broad-based backing, ChronoForge is well-positioned to redefine the multiplayer action RPG landscape. Looking ahead, Minted Loot Studios plans to leverage the fresh funds to introduce exciting features, including real-time PvP battles and AI integration through their innovative Mind ToMe AI technology.

With the anticipation building within the community for the upcoming features, ChronoForge, backed by a solid foundation and support from major players, is set to leave an indelible mark on the multiplayer action RPG scene. The studio's commitment to innovation, coupled with its experienced founding team deeply rooted in AI engineering, signals a promising future for ChronoForge and the evolving landscape of Web3 games.