The Farcana team has raised $10 million in seed funding from: Animoca BrandPolygon Ventures, Pennbush Capital, Merit CircleAnd to help others develop their third-person multiplayer shooter further, Farcana shared exclusively. decryption.
Rarestone Capital, MMPro Trust, Unpopular Ventures, Kapo Capital, Emchain, Hasu Capital, and Dravus Investment also participated in this round.
“We believe Farcana has the potential to become the next iconic blockchain game and continue to attract new users to Web3,” Fenbushi Capital investment director Clarence Zhou said in a statement.
“We have been working with Farcana for the past year and have been impressed with the development and traction we have received so far,” said Yat Siu, co-founder and chairman of Animoca Brands.
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Farcana shares some similarities with games like Blizzard’s Overwatch, but features smaller, walled maps and game modes reminiscent of Riot Games’ Valorant. Farcana’s story takes place in a near-future world where humanity leaves Earth and goes to Mars, where they discover a superpower-granting substance called Axelar. Within the game’s lore, Farcana is a sort of ongoing tournament trial where players with Axelar-induced powers compete for glory.
Farcana early gameplay screenshot. Image: Farcana.
The Farcana team, which includes G2 Esports founder and former CEO Carlos “Ocelote” Rodriguez as an advisor, is based in the MENA region and previously worked with the Dubai Department of Economy and Tourism to host a Farcana pre-alpha gameplay test at the Dubai Esports Festival . Again in June 2023.
“Our strategic investment in Farcana is part of Animoca Brands’ vision to drive Web3 development in MENA,” said Siu. “The region is rapidly modernizing and adopting new technologies, and we are pleased to support partners like Farcana in actively leading the field and bringing exciting products to market.”
Early gameplay screenshot. Image: Farcana.
Animoka Farcana first announced its investment in Farcana last month to support the game’s continued development and plans to mint free Bitcoin Ordinals as Farcana works toward beta release. The game also utilizes the Ethereum scaling network Polygon. Free Mint for “Mars Enigma Vault” NFT It comes on December 19th.
According to a statement, Farcana aims to provide blockchain elements such as a play-to-earn tournament feature that rewards the top 10% of players with Bitcoin. The game is planned to operate on a free-to-play model with an optional battle pass, NFTs, and crafting features.
All in-game items, from character and weapon skins to pets, graffiti, voice lines, and talismans, exist as NFTs, and Farcana uses FAR tokens for all transactions according to the game deck.
Editor: Andrew Hayward
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