Crypto Rogue Games Secures $1.5M in Seed Funding for Web3 RPG

Investment Boosts Development of Crystals of Naramunz, an Action RPG with Blockchain Integration

Introduction to Crypto Rogue Games Funding

Crypto Rogue Games, a game studio based in Umeå, Sweden, has finalized a $1.5 million seed investment round. Key investors include Merit Circle and Avalanche, known for their focus on web3 and gaming technologies. This financial backing is set to propel the development of the studio’s project, Crystals of Naramunz, an action RPG that integrates blockchain elements.

Investors and Development Goals

The investment round witnessed contributions from various venture capitals like SNZ, Coinfund, Lyrik Ventures, and individuals including Bryan Pellegrino. These investors are aligned with Crypto Rogue Games’ vision of integrating web3 technology into the gaming experience. The funds are earmarked for accelerating the development of Crystals of Naramunz, positioning Crypto Rogue Games as a leading entity in blockchain-based gaming.

Game Preview and Features

Crystals of Naramunz, abbreviated as CoN, is an in-development hack ‘n’ slash, loot-driven RPG set in a post-apocalyptic steampunk universe. This game, inspired by titles like Diablo and Path of Exile, is gearing up for a closed beta release in June. It promises a rich, replayable experience with its intricate itemization, character progression, and multiplayer aspects.

Investor Insights

Merit Circle Investments highlighted the game’s potential, noting its success in internal playtests and the developers’ expertise in creating engaging game economies. Avalanche commended Crypto Rogue Games for their team quality, game design, and innovative approach to web3 gaming, expressing confidence in the game’s potential to innovate in the ARPG genre.

Implications for Blockchain Gaming Evolution

The seed funding for Crypto Rogue Games signifies a significant step towards the integration of blockchain technology in gaming. With Crystals of Naramunz, the studio aims to offer a game that not only entertains but also provides a new model of player engagement and ownership through web3 features.

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