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AOFverse Secures $3 Million in Private Funding Round Led by Animoca Ventures

18 Jan 2024
3 Minute Read
writtenByStephania Peterson

Sentiment: Positive

AOFverse, fueled by a $3 million investment, pioneers Web3 mobile gaming, prioritizing social connections and token-based incentives for a global player community.

In a groundbreaking move that is poised to reshape the landscape of mobile gaming within the Web3 sphere, AOFverse, a London-based mobile gaming studio, has successfully concluded a $3 million private funding round.

Spearheaded by Animoca Ventures, this investment adds another feather to AOFverse's cap, following a grant from The Arbitrum Foundation.

AOFverse's Expansion Plans Skyrocket: An Impetus for Web3 Gaming

This sizable injection of funds marks a pivotal moment for AOFverse, catapulting the studio into a new realm of possibilities and solidifying its standing as a key player in the burgeoning world of Web3 mobile gaming. The funding round was not a solo act, as it saw participation from industry stalwarts such as Liquid X Ventures, Chainridge VC, Ticker Capital, Flying Falcon, and BSCN Gaming Ventures.

For AOFverse, the emphasis is not solely on gaming features but on fostering profound social connections as the catalyst for the widespread adoption of Web3 technology. As the studio gears up for the global launch of its player-versus-player (PvP) game, Army Of Tactics, which has already amassed over 1 million downloads since its soft launch in October 2023, AOFverse is positioning itself at the forefront of the Web3 mobile gaming revolution.

Army Of Fortune: A Genre-Defining PvP Game Set to Make Waves

The anticipation surrounding AOFverse's flagship game, Army Of Fortune, adds another layer to the excitement. Set to be a genre-defining PvP game, it represents a quantum leap forward in the studio's commitment to delivering innovative and engaging gaming experiences to a global audience.

At the heart of AOFverse's strategy lies the importance of building a strong player base that functions as a tight-knit community. Leveraging token-based incentives, the studio rewards players not only for their prowess within the game but also for introducing others to the AOFverse ecosystem. This innovative approach forms the bedrock of the entire ecosystem, creating a symbiotic relationship between players and the platform.

The primary impetus behind this funding round is AOFverse's unwavering commitment to executing its roadmap initiatives with full force. The studio aims to position itself as the go-to mobile gaming ecosystem within the Web3 landscape, laying the foundation for future advancements and industry leadership.

In Conclusion

AOFverse's successful funding round is not merely a financial feat; it is a testament to the studio's dedication to redefining the future of mobile gaming in the Web3 era. As the global launch of Army Of Tactics approaches and the eagerly awaited Army Of Fortune takes center stage, AOFverse is undeniably a rising star to watch in the dynamic and ever-evolving world of Web3 gaming.

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Stephania Peterson

Enthusiastic writer whose current area of interest is the blockchain sector. When not writing, you will find her reading essays on sociology and playing/listening to music. Firm believer that crypto will transform the world.