Acid Labs has raised $8M in funding to increase its portfolio of web3 video games on Telegram.
Led by A16z Speedrun and NFX, with further backing from Fusion VC, the studio goals to assist the event of instant-play blockchain video games with chat purposes like Telegram, Discord, and WhatsApp.
The brand new funding will allow Acid Labs to increase its choices and refine its know-how to achieve a broader viewers.
Supply: Acid LabsWhat’s Acid Labs?
Acid Labs is a sport improvement firm specializing in integrating web3 parts into chat-based gaming.
The corporate focuses on leveraging the built-in social engagement options of messaging platforms to reinforce person expertise. By embedding video games instantly into apps like Telegram, Acid Labs reduces friction in onboarding new gamers and will increase accessibility.
Jonn Weinberg, CEO of Acid Labs, has a background in gaming and digital leisure. His earlier enterprise—Fuse.television—was acquired, showcasing his experience in scaling digital platforms. With the rising development of social gaming, Acid Labs goals to make blockchain-based video games extra accessible to mainstream audiences.
Supply: Acid LabsThe place will the $8M funding be used?
The $8 million funding will primarily be used to increase Acid Labs’ sport portfolio, with a continued deal with Telegram-native video games. The corporate can be exploring alternatives to deliver its chat-based video games to different platforms like Discord and WhatsApp, broadening its market attain.
Moreover, Acid Labs plans to combine blockchain options in a approach that enhances the gaming expertise with out including pointless complexity. The corporate can be investing in AI and information analytics to enhance sport design, participant retention, and engagement. By refining its method to web3 gaming, Acid Labs seeks to create seamless and pleasurable gaming experiences for a wider viewers.
With the continued evolution of web3 gaming, Acid Labs is positioning itself as a key participant within the house, guaranteeing that blockchain-based video games are each accessible and interesting throughout social messaging platforms.
