Seeds Labs, the developer of the Web3 game Bladerite, has announced today that it has raised $12 million in a seed funding round. Avalanche's Blizzard Fund, Solana Foundation, Krust, Hashkey Capital, UOB Ventures, Signum Capital, IVC, and Emoote participated in the fundraise.
Founded in 2021, Seeds Labs is a developer focused on high-quality games and game infrastructure, with a core team boasting an average of over 15 years of experience in the gaming industry. Its flagship product, the globally multi-platform interconnected melee battle royale Web3 game Bladerite, was released this month and landed in the Apple and Google app stores, with support from the Solana Ecosystem.
Unlike traditional game developers, Seeds Labs is dedicated to exploring new game business models, aiming to build a more democratic, fair, and transparent economic system. They aim to ensure developers can earn sufficient revenue to continue investing in high-quality game development without imposing significant pressure on players. This approach seeks to alleviate the increasingly tense relationship between players and developers in recent years.
The Investment enables Seeds Labs to build the “hack-and-slash” fighting game Bladerite and its derivative game asset market to create a stable and sustainable open economic system within Bladerite. This integration of high-quality gaming ensures that players can enjoy a delightful gaming experience while owning their in-game assets.
Bladerite successfully launched its beta version this year. It has already attracted over 100,000 users worldwide. It features fair, competitive modes and diverse strategic combinations, emphasizing the close relationship between gaming skills and assets.
Its gameplay design and sustainable economic system have propelled it to successful collaborations with various partners, including a small-scale tournament with the world-class esports team G2. The joint event attracted over 110,000 views.
This funding further solidifies Bladerite's commitment to lowering the entry barrier for Web2 players and fostering a player-first community. By advocating for gaming experiences and supporting user engagement, Bladerite is not just building a game; it is nurturing an ecosystem where every voice can shape the future of the game.
Contact
Seeds Labs
Contact Person: Luxing
Business Email：[email protected]
Website URL: https://theseeds.io