Web3 gaming large Legendary Video games could increase $50 million from traders because it seeks to broaden within the decentralized gaming area. The information comes after the corporate introduced a sequence of initiatives to convey Web3 to the common gamer.
On Wednesday, reviews by The Block recommended that Legendary CEO John Linden traveled to Dubai to hunt traders. Specifically, the studio is contemplating elevating $50 million to broaden its enterprise.
The corporate final raised $150 million in November 2021, at a valuation of $1.25 billion. Traders, together with the Andreessen Horowitz enterprise agency, joined the spherical.
On the identical time, the blockchain-based gaming studio additionally introduced a launch of a new market. Legendary Market 2.0 will deal with making decentralized gaming extra accessible for avid gamers.
Bringing Web3 to Players
“Mythical’s Marketplace 2.0 was designed to not only enhance our platform but, more importantly, improve the player experience and set the standard for the future of gaming,” stated John Linden, co-founder and CEO of Legendary Video games.
Bringing a greater expertise to avid gamers would be the focus of the brand new Legendary Market. Up to now, the business has fallen in need of fulfilling that promise, Linden stated.
“All too often, developers tout features as ‘seamless’ and ‘integrated’ when discussing gaming or metaverse projects. In reality, these solutions are still very complicated and not made for gamers. But with these monumental steps forward, Mythical will provide users with an experience that delivers on both,” Linden added.
The agency additionally revealed that it acquired DMarket, a complicated buying and selling platform for digital belongings. The Ukraine-based firm will turn into a part of Legendary East, headquartered in Lisbon, Portugal.
“We share a vision of how the industry will evolve and how we all can contribute and bring more fun to the gaming community worldwide,” stated Vlad Panchenko, co-founder and CEO of DMarket.
Growth plans amid the tech and crypto winter could also be a great signal for the decentralized gaming business. Furthermore, gaming could possibly be one of many areas the place crypto positive factors mass adoption.
