Autoverse Studios, the developer of the upcoming Web3 Drag Racing Game Auto Legends, has received $1 million in investment from Coinbase Ventures, adding to the $8 million the company has previously raised.
Auto Legends aims to combine blockchain technology with a competitive racing world, which includes licensed vehicles and customization options. The investment highlights the growing interest in Web3 gaming as the gaming industry increasingly explores blockchain integration.
New funds may support game development and expansion of the automated legend ecosystem.
Source: Automatic LegendWhat is automatic legend?
Auto Legends is a blockchain-based drag racing game that allows players to own and trade digital assets.
Featured by licensed vehicles from manufacturers such as McLaren, Mitsubishi, Honda and Mazda, the game offers a tailor-made experience for car enthusiasts. Players start with a basic car and compete in a towing competition, modifying their vehicle with licensed parts and tuning options for improved performance.
The game is currently closed and can be registered via the Epic Games store for Windows and Mac. The mobile version is also in development and plans to release a wider release later this year.
Source: Automatic LegendWhat’s next for Car Legend?
The investment comes after Autoverse Studios’ recent recruitment efforts, including the addition of veteran game developer Scott Probin. His extensive experience in the industry shows that it makes it easier for traditional gaming audiences to acquire automotive legends.
In addition, Auto Legends is expected to continue to refine its gameplay and expand its player base. The company has announced its first plan for Magic Eden’s NFT Mint, offering exclusive in-game assets for early adopters. Community engagement through its official Discord server is also a priority, shared development and future version updates.
With the support of prominent investors and industry experts, the project will further announce further announcements on development progress and partnerships in the coming months.
