VitalXP Secures $3 Million Funding for Web3 Shooting Game Lowlife Forms
It is reported that VitalXP, a game production company, announced that its Web3 shooting game Lowlife Forms completed a pre-seed round of financing of US $3 mi…
It is reported that VitalXP, a game production company, announced that its Web3 shooting game Lowlife Forms completed a pre-seed round of financing of US $3 million, with Streamlined Ventures and Marbruck Investments leading the investment.
Web3 shooting game Lowlife Forms completed $3 million pre-seed round financing
Interpretation of the news:
VitalXP, a game production company, has reportedly announced that its Web3 shooting game Lowlife Forms has secured a pre-seed round of financing worth $3 million. The investment was reportedly led by Streamlined Ventures and Marbruck Investments.
This funding news is significant for both VitalXP and the gaming industry as a whole. The gaming industry is constantly growing, and Web3 games are becoming increasingly popular. According to reports, Web3 games are built on blockchain technology, giving players complete ownership of the in-game assets. Additionally, Web3 games are decentralized, meaning that no one entity has control over the game’s ecosystem.
With the $3 million pre-seed funding, VitalXP can now focus on developing and improving Lowlife Forms. The game promises an “immersive and intelligent” shooting experience, where players must survive in a post-apocalyptic world with the help of other players. Players can also earn in-game rewards while playing the game.
Streamlined Ventures and Marbruck Investments, the two leading investors, have a proven track record of investing in promising start-ups in tech, gaming, and blockchain. With their investment, VitalXP can continue to innovate and improve Lowlife Forms, ensuring that it delivers a unique and exciting gaming experience.
The gaming industry is worth over $300 billion, and it’s only getting bigger. With the rise of blockchain technology and decentralized gaming, Web3 games are set to disrupt the industry even more. Companies like VitalXP are leading the charge, creating fun and innovative games that leverage the power of Web3.
In conclusion, VitalXP securing $3 million in pre-seed funding highlights the growing popularity of Web3 games and the immense potential of decentralized gaming. With the continued development of Lowlife Forms and the support of Streamlined Ventures and Marbruck Investments, VitalXP has the resources to create a groundbreaking game that could pave the way for the future of gaming.
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