Horizon Blockchain Games Raises $5M, Creates Own Blockchain Game

Development studio Horizon Blockchain Games has raised $5 million in new funding as it continues to work on its ‘SkyWeaver’ digital trading card game.

Development studio Horizon Blockchain Games shared last week a few “updates” it had. The company said that from January 2018, it had a mission to “pioneer a new dimension of gaming that belongs to its players and creators,” and that it grew to 24 full-time members.

The first big news is definitely raising $5 million in a round led by Initialized Capital. Among the new investors are also ConsenSys, CMT Digital and Regah Ventures, and among the old ones are Golden Ventures, DCG and Polychain.

The whole point of raising this amount is trying to bring an idea of ownership in games in life.

Horizon Blockchain Games Creating Ethereum-Powered Platform

Horizon here is working down two paths together. First, they are trying to create an Ethereum-powered platform dubbed Arcadeum for handling in-game items. That means that players (investors) will be owners of some specific instances of an item, and will be enabled to trade, sell or give this to another player. Once an item is in a player’s possession, it’s theirs to use, trade or sell as they will. Afterward, the company plans to open up this platform for other developers to build upon.

On the other path, last summer the company revealed its own game – a digital trading card game called SkyWeaver. This is imagined to be a fantasy-heavy trading card game that can maybe be compared to Blizzard’s Hearthstone. It’s free-to-play, and cross-platform across Windows, macOS, Linux, iOS and Android.

Players in SkyWeaver fight each other using the cards they’ve obtained through buying, earning or trading. There are currently around 500 different cards in all, and each card comes in two different colors: silver and gold.

According to the company, the game has already 12,000 tester players and more than 90,000 players who are currently on the waiting list for access….

Source Link