Animoca Brands has partnered with Revolving Games (RG) to build a scalable gaming economy that leverages the power of Web3 with backing from RCADE Foundation. The partnership will use Animoca Brands’ experience and resources to boost the RCADE ecosystem.
According to the press release, the company has raised over $37 million from investors like Animoca Brands, Pantera Capital, Polygon, and Dan Houser, co-founder of Rockstar Games. This fund will support the creation of RG’s decentralized gaming system, which includes the RCADE Chain, Node Network, and $RCADE token.
Yat Siu, co-founder and executive chairman of Animoca Brands, shared his excitement about the partnership, saying that “While the majority of Web3 games remain largely excluded from mainstream distribution channels, the team behind Revolving Games has a proven track record in designing, developing, and launching games that have captivated mass audiences.”
Revolving Games has a strong background, with two international gaming studios and a team of over 150 people who have earned more than $3 billion in mobile gaming revenue. They plan to release four internal games and ten more big titles in the next 36 months.
Their first major game, Phoenix Flight from the Skyborne franchise, will be available for early access in Q4. This game is designed to attract new players to RG’s decentralized gaming world, supported by the RCADE Foundation’s Node Network.
Saad Zaeem, co-founder and co-CEO of Revolving Games, said, “We believe being early and adopting blockchain technology gives us the upper hand in Web3, and collaborating with Animoca Brands allows us to tap into the experience of a major Web3 pioneer.”
Revolving Games will start its first Node Sale on August 15, 2024. Owners of Nexus Node and RG Byte NFTs can claim their nodes by staking their NFTs. Select communities will also have the chance to buy Scout Nodes in an exclusive pre-sale before the public sale.
Ammar Zaeem, co-founder and co-CEO of Revolving Games, added, “With every game added to the Revolving Games ecosystem, we not only attract new users via compelling IP and gameplay, but we also create greater demand for the decentralized services our node operators provide. This circular gaming ecosystem and economy allow crypto and non-crypto natives alike to seamlessly play the games they love on-chain while owning the digital assets they accrue for time and skill invested, all underpinned by a community-operated node network. Lastly, a single interoperable token (RCADE Token) allows users to move in-game assets between games, as well as allowing third-party games to build on the RCADE chain. A win-win for gamers and game developers.”
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