Quick take:
- The fundraising also attracted participation from IDG Capital, Mantle Network, King River Capital, Mask Network, Yield Guild Games and others.
- The Sandbox co-founder Sebastien Borget joined as an angel investor.
- The fundraising brings the total raised to $20 million.
Party Icons, a crypto mobile gaming platform has raised $9 million in a seed round led by Bitkraft Ventures.
The fundraising also attracted participation from IDG Capital, Mantle Network, King River Capital, Mask Network, Yield Guild Games and others, with The Sandbox co-founder Sebastian Borget among those joining as angel investors.
According to the announcement, the company plans to use the fresh capital to accelerate the development of Party Icons’ diverse gaming and social experiences, expand Web3-enabled functionalities and infrastructure, and fuel its global expansion into key markets in 2025.
Explaining what impressed his firm to lead the seed round, BITKRAFT Principal Jonathan Huang said in a statement: “We have been highly impressed with the team’s masterful ability to dual wield Web2 game design with Web3 token-unlocked features, and we couldn’t be more excited to lead this round.”
Claire Lin, Party Icons Co-Founder added: “Our vision is to create a space where players can not only enjoy compelling game mechanics but also participate in a thriving, player-driven economy. This funding round will enable us to push the boundaries of what’s possible in gaming today.”
Party Icons is based on the fictitious island, Miragio, a fully customizable interactive island that serves as the lobby of the Partyverse.
The platform features entertainment facilities, social hubs, marketplaces, and portals to the various game modes.
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