Today news
About the same in other media
FTX-backed studio explains why Solana is better for game developers
Reading now: 158
While the Ethereum blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi.
Founded by Scopely and Glu Mobile veterans, game developer and publisher Faraway announced that the studio has raised $21 million in a Series A funding round led by Lightspeed Venture Partners and major crypto exchange FTX. Along with the $8-million seed round, Faraway now has $30 million in total funding from renowned crypto ecosystem investors a16z, Sequoia Capital, Pantera Capital, Jump Capital and Solana.
The company is developing its flagship title, a browser-based live multiplayer game called Mini Royale: Nations, on the Solana blockchain.
Read more on cointelegraph.comAbout this in other media
Cryptocurrency prices today on November 20: Bitcoin, Ethereum, Solana and SHIB gain moneycontrol.com /3 years ago
South Korea's leading blockchain facing greater competition in NFT market cointelegraph.com /3 years ago
A small city in North Dakota is jumping further into crypto with the installation of the first government-backed ATM in a US airport markets.businessinsider.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
