Nakamoto Games announced the successful completion of a $10 million funding round led by Make It Capital, a venture capital firm operating in Singapore and New Zealand.
The investment will enable Nakamoto Games to expand its blockchain-based P2E ecosystem with a focus on product development, user onboarding and infrastructure enhancements.
The company plans to expand its operations and attract millions of new players to its platform.
Source: Nakamoto GamesWhat is Nakamoto Game?
Nakamoto Games is a blockchain-based gaming platform that allows players to earn rewards through cryptocurrency. The ecosystem is powered by its native token $NAKA, which facilitates in-game transactions and other activities. A distinctive feature of Nakamoto Games is its Nakaverse, a virtual economy in which users can buy land, run businesses and engage in various economic activities.
The platform also utilizes NFTs to provide additional value to players. For example, NFT series like NAKA Punks will grant benefits such as land ownership in the Nakaverse and exclusive functions in the ecosystem.
By eliminating the need for advanced blockchain knowledge, Nakamoto Games aims to make blockchain gaming accessible to a wider audience, including traditional gamers.
Source: Nakamoto GamesWhat can we expect from this latest funding?
Make It Capital decided to invest in Nakamoto Games after a year-long evaluation of multiple blockchain game projects. The company chose Nakamoto because of its continuous delivery projects and its potential to bridge the gap between web2 and web3 games.
The $10 million investment will be used to expand all aspects of the Nakamoto Games platform. According to the announcement, key areas of focus include:
- Team growth: Nakamoto Games plans to expand its workforce to more than 100 employees by hiring blockchain developers and game designers to enhance the platform’s offerings.
- Game development: The company’s goal is to create more immersive and accessible games that appeal to web2 and web3 players.
- Acquisition: The funds will also support the acquisition of traditional game studios to transform them into blockchain-ready operations.
- Marketing and Outreach: Part of the funds will be allocated to campaigns aimed at raising global awareness and attracting millions of new players.
- Infrastructure and Token Management: Nakamoto Games will invest in tools and systems to strengthen the $NAKA token ecosystem and maintain liquidity.
Looking ahead, the company outlined plans for major updates to the Nakaverse, including expanded gameplay options and enhanced economic opportunities.
Additionally, a developer integration toolkit will be launched to encourage third-party creators to contribute to the platform’s growing portfolio of games.
