Blast Royale Raises $5M In Seed Round Backed by Animoca Brands & Mechanism Capital

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Blast Royale famous for its amazing high-quality graphics and fascinating gameplay has raised $5M in a seed round co-led by Animoca Brands and Mechanism Capital.

First Light Games, the developer of Blast Royale, said that the funds raised will help to continue development, attract top talent and grow the Blast Royale community rapidly.

“We are thrilled to have such strong backing from some of the most influential investors in blockchain gaming. All of our partners share our vision for making Blast Royale one of the best gaming titles, providing compelling, fun gameplay and creating a Battle Royale game suitable for the Web3 generation,”

Neil McFarland, CEO of First Light Games.

The game is being built on the Polygon L2 chain and is slowly getting ready for a testnet at the end of Q2. Investors in blockchain gaming saw the potential of this new play-to-earn, battle royale game, and one of them notably said, ” Given the progress so far and the First Light Games team’s strong pedigree of several iconic hit games, we believe that Blast Royale will be an appealing and compelling metaverse entry for a new generation of gamers.” Yat Siu, the executive chairman and co-founder of Animoca Brands.

As we said before, Animoca Brands and Mechanism Capital co-led the round with participation also from Dragonfly Capital, DeFiance Capital, Play Ventures Future Fund, Double Peak, Polygon, C² Ventures, Morningstar Ventures, DWeb3, Merit Circle, Ancient 8, AvocadoDAO as well as being backed by notable angel investors such as Santiago R Santos and Nick Chong. 

“When a space like crypto gaming is in its infancy, it’s incredibly important to back strong thinkers who shape how the space evolves. The team at First Light is first class. Not only is this team behind some great gaming hits like Monument Valley, Street Fighter and Merge Dragons, but they were also on the cusp of the free-to-play paradigm shift. We’re very excited to work with the team to tackle what a play-to-earn world might look like,”

Eva Wu, Principal, Mechanism Capital.

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George Tsagkarakis
George Tsagkarakishttp://egamers.io
George has a native interest in emerging technologies and he's a strong advocate of decentralization. He is a co-founder and manager of egamers.io.
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