Gunzilla Games raises $30M to support Off the Grid development

Gunzilla Games introduced right now that it has raised $30 million in mixed funding to assist assist the event of its upcoming cyberpunk battle royale third-person shooter Off the Grid. It’s additionally funding the event of Gunz, the studio’s blockchain-based digital economic system platform which gives full possession of property and an NFT market. CoinFund and Avalanche’s Blizzard Fund co-led the strategic token spherical, which offered $10 million in funding.

Off the Grid is deliberate for launch on PC, PlayStation and Xbox, and Gunzilla plans for it to have 60 hours value of story throughout a number of seasons. It additionally gives asset possession and a player-driven in-game economic system. Along with CoinFund and Blizzard fund, Republic Capital and Morningstar Ventures participated within the token spherical. Different elements of the funding got here from “beforehand unreported fairness and validator gross sales,” in response to Gunzilla.

Evan Feng, CoinFund’s companion and director of analysis, stated of Coinfund’s funding, “We’re past excited, not solely as supporters however as gamers ourselves, for the general public to expertise the dynamic gameplay, considerate development methods, compelling narrative and wealthy world of Gunzilla’s Off The Grid. We imagine the hole between conventional and on-chain video games is quickly closing and can invert as sport builders select to leverage the total energy of blockchain expertise for merely higher experiences, unlocking larger audiences, retention and monetization for his or her titles and platforms.”

Vlad Korolov, Gunzilla’s co-founder and CEO, stated in a press release, “With the forthcoming launch of Off The Grid and Gunz to the general public, we aren’t simply advancing in direction of a brand new horizon in AAA gaming but additionally establishing a brand new normal within the blockchain house. This evolution is supported by the invaluable backing of our funding companions, empowering us to ship a AAA gaming expertise which is about to exceed avid gamers’ expectations and enriches their engagement with the sport universe by incorporating the decentralised community-driven in-game economic system.”