ZKcandy Secures $4 Million in Private Offering Round for Layer 2 Gaming Blockchain
ZKcandy, the first Layer 2 real gaming blockchain based on ZKsync, has successfully completed a $4 million private offering round. This significant milestone comes on the heels of a successful open-test net phase for ZKcandy, which saw rapid growth with over 2.4 million wallets onboarded within just two weeks. The infusion of funding will play a crucial role in positioning ZKcandy as a key player in the Web3 gaming market, enabling advancements in technological execution and user interface designs. Additionally, the funding will support preparations for the platform’s mainnet launch scheduled for the first half of 2025.
Leading the current funding round is Wemix Pte. Ltd, with notable contributions from Animoca Ventures, Perlone Capital, Spartan Group, Animoca Brands, Prometheuz Lecca Ventures, Presto Labs, Flowdesk, and Efficient Frontier. Angel investors and early contributors from Stacks, Analog, Mittaria, Xangle, and Trading Strategies also participated in the funding round.
Enhancing the Web3 Gaming Ecosystem with ZKcandy
ZKcandy is poised to make a significant impact in the Web3 gaming industry as the premier Layer 2 chain for game-centric solutions originating from a prominent game studio. Developed by iCandy Interactive, a leading game developer in South East Asia, ZKcandy boasts a seasoned team with extensive experience in the gaming industry, having successfully launched over 500 games with a combined audience of more than 300 million active players.
The newly secured funding will be allocated towards developing innovative product enhancements, forging strategic partnerships, and acquiring AAA game titles and licensed properties. Currently, ZKcandy has a robust pipeline of over 25 game titles in development, including a highly anticipated Tier-1 Hollywood IP-licensed game.
Driving Innovation with zk Rollup Technology
ZKcandy leverages zk rollup technology, built on the ZKsync protocol, to deliver optimal blockchain analytics for gamers and developers alike. The platform’s design simplifies the integration of blockchain for developers, while enhancing the player experience by offering seamless access to virtual assets.
Lau Kin Wai, CEO of ZKcandy, expressed his excitement about the funding round, highlighting its significance in realizing the company’s vision of bringing Web3 gaming to a broader audience. He emphasized ZKcandy’s commitment to sourcing high-quality games and IPs, as well as fostering a vibrant and expanding community.
With a strong focus on user-friendly experiences and cutting-edge technology, ZKcandy aims to capitalize on its early success and drive sustained growth, solidifying its position as a frontrunner in the Web3 gaming sector.
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