Fracture Labs is a blockchain videogame developer. It has raised a new $3.5 million round of funding from more than a dozen backers including Alameda Research and Huobi Ventures. Spartan Group, Mechanism. Forward Analytic. And public-listed company Cryptology AG. Metavest Capital is also a participant fund, as well as Gravity Finance and Israel Blockchain Association.

The funds will be used to ramp up game development, as well as build out Fracture Labs’ NFT marketplace ahead of the 2022 release of Decimated, the company’s tentpole blockchain-based multiplayer survival game.

Decimated, which is a new third-person survival game, was built using the Unreal Engine. Fracture Labs received an Epic MegaGrant. The game lets players choose to guide either a human citizen, or cyborg police through an apocalyptic future where the government has taken control of the country and climate change is wreaking havoc. Decimated’s in-game currency, DIO, is seen as society’s last hope.

Players can strike out in Decimated’s open-world on their own, or team up with other players to scavenge loot, transport cargo or VIPs, collect legal or illegal resources to trade, hunt legendary creatures, capture territory, and build safehouses for their gang. The world of Decimated includes a vast assortment of futuristic vehicles players can use to traverse the game’s treacherous realms and superhighways. Since in-game items, vehicles, and structures are minted on the blockchain, they persist within the game’s reality unless they’re scrapped or destroyed.

The digital economy of Decimated is supported by DIO. DIO can be earned by players through missions. They can then use it to purchase, trade, barter, and sell in-game products. The token’s supply is fixed at one billion, and cannot be destroyed or created again. Spent DIO circulates back into the game’s economy, with every transaction recorded on the blockchain. Like other game-based tokens, DIO’s price fluctuates in accordance with real-world supply and demand on crypto exchanges, which adds an entirely new dynamic to the in-game economy.

Since 2018, Decimated has seen a steady increase in anticipation. The company won the Best Blockchain Game award at the 2019 Crypto Games Conference. Fracture Labs started by self-funding and initially bootstrapping through difficult bear markets. In October 2021 Fracture Labs began a private token sale, with a $4million target. The company received over $30 million in offers.

Fracture Labs’ team is made up of Unreal Engine developers who have worked on some of the most successful games and franchises in recent memory for PC, console and mobile. This team works with AAA videogame development partners to provide the highest quality gameplay and visuals.

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