Singapore, Singapore--(Newsfile Corp. - July 7, 2022) - Community driven Web3 game company Planetarium Labs has raised a $32 million Series A funding round led by Animoca Brands and joined by Krust Universe, Wemade, and Samsung Next, laying the groundwork to lead a generation of Web3 games powered and governed by the community.
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Planetarium Labs aims to become a pioneer of open-source, decentralized blockchain games that operate on networks powered by the players. The company is building a gaming ecosystem based on Libplanet blockchain technology, which allows players to participate in the game network and gives the community a chance to play a major role in open-source content development. Libplanet played a pivotal role in Nine Chronicles, the world's first open-source online RPG running entirely on its own blockchain. Boasting a community of more than 300,000 players, Nine Chronicles has earned the support of Animoca Brands, Binance Labs, Ubisoft, and The Sandbox.
With its extensive blockchain-based ecosystem development and publishing expertise, Planetarium Labs is working closely with major game studios from the APAC region to launch multiple community driven game initiatives this year.
In addition to bringing in fresh capital, the investment round highlights the powerful and strategic backing that Planetarium Labs has attracted....
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