CCP Games secures $40M funding for upcoming Web3 game

Independent crippled developer CCP Games, known for its multiplayer online crippled EVE Online, has announced that it has secured $40 cardinal successful financing from outer partners to make a caller triple-A rubric acceptable successful the EVE Universe. 

The financing was spearheaded by task superior steadfast Andreessen Horowitz (a16z), with information from Makers Fund, BITKRAFT, Kingsway Capital, HASHED, Nexon, and different investors.

 According to CCP Games, the upcoming task volition trust connected blockchain exertion and astute contracts to make halfway crippled systems, prioritizing persistence, composability, and enabling unfastened third-party improvement to link players and virtual worlds. CCP Games aims to make a caller narration betwixt virtual worlds and players by processing a crippled with a deeper level of subordinate autonomy and agency. The developer believes blockchain exertion volition assistance successful that objective

Founded successful 1997, CCP Games is headquartered successful Reykjavik, Iceland, and has further studios successful London and Shanghai.

Related: What are Web3 games, and however bash they work?

Andreessen Horowitz, besides known arsenic a16z, is simply a starring task superior steadfast that lost billions successful the crypto manufacture successful 2022. Despite suffering losses, a16z said it remained committed to investing successful the crypto marketplace and the Web3 imaginativeness of the internet. Speaking to The Wall Street Journal connected Oct. 26, a16z wide spouse Chris Dixon said the crypto marketplace downturn represented an accidental to proceed supporting crypto entrepreneurs and that the assemblage has a semipermanent skyline for growth.

On Jan 17, Carry1st, a mobile games steadfast successful Africa, raised $27 million successful a backing circular that saw information from Andreessen Horowitz. The backing volition beryllium utilized to beforehand its publishing and integer contented instauration platform, arsenic the backers judge that the African continent is ripe for Web3 adoption.