Blockchain gaming community platform Earn Alliance has raised $4.7 in a seed funding round led by CoinFund and Fabric Ventures, which also saw additional support from Blockchain Coinvestors, MAD World Ventures, Animoca Brands, NLS Ventures, angel investors, and more.
Earn Alliance will use the money raised to connect game developers with fans and gamers worldwide. This announcement comes alongside the alpha version of Earn Alliance’s platform, set to launch on Dec. 15.
Via its press release, Earn Alliance stated that games are more focused on how they will survive in the long term (tokenomics) and less on gamer enjoyment. The Web3 platform aims to challenge these ideas and reshape the whole industry by creating more enjoyable games and discovering new and innovative tokenomics.
“This is why we are launching a web3 game discoverability platform for gamers instead of traders, focusing on the actual fun web3 games offer versus speculating on their economics to help onboard traditional gamers. It’s exciting to see the opportunities ahead.”
Joseph Cooper, founder and CEO of Earn Alliance.