Stock Groups

Solana Based Play-to-Earn Startup MonkeyBall raises $3M From Crypto’s Top VCs and Founders -Breaking

[ad_1]

Solana Based Play-to-Earn Startup MonkeyBall raises $3M From Crypto’s Top VCs and Founders

MonkeyBall, a Play-to-Earn company and NFT-game developer, has completed its third funding round. It raised over $3M from large groups of angel and venture investors.

MonkeyBall can be described a quick, turn-based arcade soccer game. The game allows users to control four monkeys and aim for winning against other players. Each victory earns tokens. However, you can also buy stadiums and host games to get them. You may even cheer for the winning team while at other games.

MonkeyBall delivers a premium gaming experience, with high production values, and AAA-grade quality. The game is built using the Unity engine and can be used on Desktop or Mobile. A team that has unsurpassed experience both in game development and cryptocurrency is developing the game.

The company behind MonkeyBall has now collected the funds necessary to complete and launch the game, with a $3M investment round from a list of angels, crypto-native and “traditional” venture funds, and exchanges. Capital, Republic NFX and iAngels made the investment.

Angels who took part in the investment round are Shalom Meckenzie and founders of DraftKings (NASDAQ:); Noam Lanir founder of Livermore, Tamir Carmi co-founder of IronSource; founders from Dafabet, Nimrod Lehavi, co-founder of Simplex; Yoni Assia, co-founder of eToro; Joe Mccann, Yenwen Feng, Shao-Kang Lee, co-founders of Perpetual Protocol and Shahaf Bar-Geffen the CEO of Coti who will serve as MonkeyBall’s Chairman

“Truly excited to unveil this amazing roster of investors who are supporting MonkeyBall,”
Oren Langberg (Head of Marketing, MonkeyBall)

“Play-to-earn is an exciting and quickly growing application for blockchain and NFTs, but it’s not easy to find games with great production quality. The first play-to-earn game to truly become mainstream is still in the future, and we are hard at work to realize that future for MonkeyBall.”
“Play-to-earn games are a revolution in how gamers interface with the virtual world,”
Shalom McKinzie from DraftKings.

“Gaming and NFTs will be the first true mass appeal application of blockchain, all that is missing is to actually make a game that would stand tall among AAA titles. I believe the Monkey Ball (NYSE:) team has what it takes to get there.”
Gigi Levi, NFX, added:

“NFX has been a pioneering investor in many successful mobile/casual game start-ups, and we have been studying the booming pay-to-earn space for a long time. This space will continue to grow and the winner will be teams who combine Blockchain knowledge and game-design abilities. These companies will have the ability to use the best from both traditional and blockchain gaming. MonkeyBall is the best one we’ve seen yet!’

Continue reading on DailyCoin



[ad_2]