Crypto Gaming Studio VOYA Games Raises $5 Million in Funding
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VOYA Games, a crypto gaming studio, has recently secured $5 million in funding in a round led by 1kx and Makers Fund, with additional investment from RockawayX. Angel investors Jeff Zirlin, co-founder of Sky Mavis, and Sebastien Borget, COO of The Sandbox, also participated in the funding round.
CEO and founder of VOYA Games, Oliver Loffler, expressed the studio’s vision of building a token ecosystem that connects games through a shared player economy and culture. The funding will be utilized to launch their upcoming game, Craft World, and to establish the company for long-term growth.
About Craft World
Craft World is described as a casual resource management game featuring NFT items, where players immerse themselves in a world where humans coexist with dinosaurs following a meteor impact on Earth. Players engage in farming activities to gather resources for constructing various structures within the game. Currently in its testnet phase, Craft World has already garnered over 100,000 downloads on Android, with more than 240,000 registered players and over 1.1 million testnet trades between players.
1kx partner, known as Peter Pan, commended VOYA Games for prioritizing openness and ownership within their Web3 gaming ecosystem, likening the game world to a public good rather than a closed economy.
The game utilizes Dyno Coin, a utility token used by players to purchase NFT items and engage in crafting activities. The team emphasizes that Dyno Coin is not intended for speculative trading and is currently not listed on crypto exchanges.
A look at the pixelated aesthetic of Craft World.
Craft World is projected to have a full launch by the end of the year, available on iOS, Android, and as a browser game on the web.
Background and History of VOYA Games
Established in 2023, VOYA Games is affiliated with Angry Dynomites Lab, known for releasing two pixelated dinosaur NFT collections on the Ethereum blockchain in 2022. Prior to founding VOYA Games, Oliver Loffler co-founded Kolibri Games, a mobile gaming studio recognized for titles like Idle Miner Tycoon: Gold & Cash, boasting over 100 million downloads on Android. Kolibri Games was acquired by Ubisoft in 2020.
Mobile Gaming in the Crypto Market
The crypto gaming market has witnessed a significant presence of mobile games, with research indicating that mobile games constituted 29% of game launches last year. Additionally, 20% of game launches were attributed to Telegram games, which are predominantly mobile-based.