Moonveil Entertainment Secures $9 Million in Pre-Series A Funding
Moonveil Entertainment's Funding Success
Moonveil Entertainment, a Cayman Islands-based web3 game studio, has successfully completed a Pre-Series A funding round, raising a total of $9 million. This achievement marks a significant milestone for the company, which aims to revolutionize the gaming industry through its advanced Web3 ecosystem. Key investors in this round include prominent blockchain venture capital firms such as Spartan Group, Gumi Cryptos Capital, and HashKey Capital, alongside contributions from Animoca Ventures, Hivemind, and Mask Network.
Strategic Growth Initiatives
The newly acquired funds are earmarked for various growth initiatives and experimental projects on a ZK-powered Layer 2 chain built with Polygon CDK. This innovative infrastructure solution promises to enhance Web3 adoption, offering an optimized environment for both in-house and third-party developed games. Moonveil plans to release two flagship games, AstrArk and Bushwhack, which are poised to set new standards within the industry.
Innovative Gaming Solutions
Moonveil is dedicated to creating a multi-game metrics ecosystem, integrating its own gaming titles and potentially including third-party games. The company’s vision is to redefine gaming experiences through cutting-edge technology and creative game design. The upcoming $MORE token Play-to-AirDrop event is one of many initiatives set to engage and expand their user base.
Experienced Leadership
The leadership team at Moonveil comprises industry veterans with experience at major gaming giants like Riot Games, Tencent, and Netease. This experienced team has previously worked on renowned titles such as League of Legends and Valorant, bringing a wealth of expertise and insight into the development of Moonveil’s projects.
Moonveil Entertainment's strategic funding and innovative projects underscore its commitment to advancing the Web3 gaming landscape, positioning itself as a leader in this rapidly evolving space.
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