Games for a Living Successfully Closes Fundraising Round, Raising $3.5 Million
Barcelona, February 2023 — Games for a Living, a prominent player in the blockchain gaming industry, is pleased to announce the successful conclusion of its recent fundraising round, securing a total of $3.5 million in capital from a distinguished group of venture capitalists and strategic investors.
The private sale round witnessed strong participation from high-profile investors who recognized the tremendous potential and vision of Games for a Living. We extend our heartfelt gratitude to all our investors for their unwavering support and belief in our mission to revolutionize the gaming landscape.
While acknowledging the existence of Web 3.0 and blockchain-based games, we recognize that there is still untapped potential and further maturation required in video game development and market dynamics. The overwhelming response from our earliest investors has fueled our drive to propel the concept of Games for a Living forward. With the invaluable guidance of industry veteran Trip Hawkins, who has joined us as a co-founder, we have successfully developed Games for a Living and launched our flagship game, Elemental Raiders, available on the Samsung Galaxy Store. The private sale has unequivocally demonstrated the high demand and interest in our game, ecosystem, and business model.
At Games for a Living, we aim to address two crucial challenges in the Web3.0 gaming world:
- Lack of streamlined infrastructure for Web 3.0 game development.
- Scarcity of enjoyable, high-quality Web 3.0 games.
Our vision is to establish a comprehensive network of interdependent products that unlock the full potential of Web 3.0 gaming like never before. The successful closure of this private sale round solidifies Games for a Living’s ability to continue its journey toward creating sustainable gaming products and platforms.
“We are delighted with the outcome of this fundraising round. We express our sincere appreciation to all our venture capitalists, investors, partners, and communities for their unwavering support, which has propelled us closer to realizing our vision,” said Manel Sort, CEO and co-founder of Games for a Living. “We remain committed to delivering an exceptional project to all our current and future supporters,” added Manel.
Private Sale Breakdown:
In the private round, we secured a total of $3.5 million, with a fully diluted valuation of $25 million. We are thrilled to acknowledge the support of the following venture capitalists:
Builder Capital, Avocado DAO, Kronos Asset Management, Cointelligence Fund, Offbeat Ventures, and HODL Ventures.
Furthermore, we have forged partnerships with over 50 guilds, communities, and ecosystem supporters worldwide to ensure global reach. With the private sale successfully concluded, we are eager to embark on the next phase of our journey.
We are witnessing a significant increase in game engagement. This represents a unique opportunity for all stakeholders to experience firsthand the potential of the Web 3.0 ecosystem. As Games for a Living continues to make remarkable progress, our ultimate goal is widespread adoption on a global scale.
Games for a Living: