Blast Royale Raises $5 Million in Seed Round Co-led by Animoca Brands and Mechanism Capital
London, United Kingdom (April 13th, 2022): The First Light Games team are delighted to announce today that our blockchain-based play-and-earn mobile title Blast Royale has successfully closed a $5 million private token sale. The round was co-led by Animoca Brands and Mechanism Capital with participation from several other top investors and partners including Dragonfly Capital, Play Ventures Future Fund, DeFiance Capital, Double Peak, Polygon, C² Ventures, Morningstar Ventures, DWeb3, Merit Circle, Shima Capitol, Ancient 8, AvocadoDAO as well as being backed by notable angel investors such as Santiago R Santos and Nick Chong.
“We are thrilled to have such strong backing from some of the most influential investors in blockchain gaming. All of our partners share our vision for making Blast Royale one of the best gaming titles, providing compelling, fun gameplay and creating a Battle Royale game suitable for the Web3 generation,” said Neil McFarland, CEO of First Light Games.
Yat Siu, the executive chairman and co-founder of Animoca Brands, commented: “We are very impressed with the high quality of gameplay in Blast Royale. Given the progress so far and the First Light Games team’s strong pedigree of several iconic hit games, we believe that Blast Royale will be an appealing and compelling metaverse entry for a new generation of gamers.”
“When a space like crypto gaming is in its infancy, it’s incredibly important to back strong thinkers who shape how the space evolves. The team at First Light is first class. Not only is this team behind some great gaming hits like Monument Valley, Street Fighter and Merge Dragons, but they were also on the cusp of the free-to-play paradigm shift. We’re very excited to work with the team to tackle what a play-to-earn world might look like,” said Eva Wu, Principal, Mechanism Capital.
So What’s Next?
The funds raised will be used to continue to develop the game, attract top talent, and grow the game community. If you head on over to our Discord we are already running a competition where winners will be able to get early access to the game to try for themselves, and this is just the tip of the iceberg!
You can expect many more exciting announcements from us in the months ahead, leading up to release of the game in Q3.