News

Proof of Play Raises $33 Million to Pave the Way for Fully On-Chain Games
ChainPlay

ChainPlay

•

one year ago

Share :

https://tk-storage.s3.ap-southeast-1.amazonaws.com/host/ckeditor/Pirate_nation_island_Medium_20230922003519.jpeg

Proof of Play, an NFT gaming studio founded by the co-creators of the iconic FarmVille from Zynga. Known for its innovative approach to blockchain gaming, Proof of Play has set sail into uncharted waters with its NFT social RPG game, Pirate Nation. 

Now, with the wind at their backs, Proof of Play has announced a significant milestone—a successful seed funding round that has seen them secure an impressive $33 million in investment.

A Legacy of Innovation

Proof of Play's journey began with a team deeply rooted in the gaming industry. Hailing from Zynga, the creators of FarmVille, this studio boasts a legacy of innovation and excellence in the world of gaming. Their experience in creating engaging and immersive gaming experiences for millions has seamlessly transitioned into the realm of blockchain-based gaming.

Pirate Nation, the brainchild of Proof of Play, is a testament to their commitment to pushing the boundaries of NFT gaming. 

Originally launched on the Polygon blockchain, Pirate Nation set a course for a new horizon earlier this year by migrating to Arbitrum Nova, an Ethereum scaling network. This strategic move was aimed at providing players with more cost-effective transactions, ensuring that the gaming experience remains accessible and enjoyable.

Setting the Stage for On-Chain Gaming

Proof of Play's journey is not just about their own success; it's about laying the groundwork for the future of blockchain gaming as a whole. 

The studio has ambitious plans to open-source its technology for building fully on-chain games. By doing so, they aim to democratize game development, allowing creators from around the world to leverage the same tools and innovations that have made Pirate Nation a success.

The recent seed funding round, which brought in an impressive $33 million, was co-led by prominent investors Andreessen Horowitz and Greenoaks Capital. This substantial injection of capital demonstrates not only the confidence of industry leaders in Proof of Play's vision but also the broader recognition of blockchain gaming's potential.

Final Thoughts

As Proof of Play continues to pioneer the fusion of NFTs and gaming, their success serves as an inspiration to developers and creators in the blockchain gaming space. Their commitment to openness and collaboration promises a future where on-chain gaming is more accessible and inclusive than ever before.

The horizon looks promising for Proof of Play and the wider blockchain gaming community, as they chart a course towards a new era of interactive, player-driven experiences on the blockchain.

Share this article

#Polygon

#Arbitrum One

Related articles

B3’s Gaming Arcade BSMNT and the Rise of On-Chain Mini-Games
B3’s Gaming Arcade BSMNT and the Rise of On-Chain Mini-Games

B3 is transforming on-chain gaming with its upcoming token, rewards, and growing ecosystem. Explore its fast, affordable network and gaming arcade, BSMNT.

ChainPlay

ChainPlay

•

12 hours ago

Unlocking New Horizons: Paradise Tycoon 2025 Roadmap and Future Expansions
Unlocking New Horizons: Paradise Tycoon 2025 Roadmap and Future Expansions

Paradise Tycoon’s 2025 roadmap adds new islands, $MOANI trading, AI companions, and PvP. Explore, trade, and compete in this evolving multiplayer tycoon game.

ChainPlay

ChainPlay

•

9 hours ago

Farm Frens Responds to Telegram’s Exclusivity Shift by Delaying FREN Airdrop
Farm Frens Responds to Telegram’s Exclusivity Shift by Delaying FREN Airdrop

Farm Frens delays its FREN token airdrop to February due to Telegram’s new TON restrictions, opting to remain with Base for broader crypto options.

ChainPlay

ChainPlay

•

5 hours ago