Animoca Brands, Sky Mavis join Puffverse’s US$3M funding round

Puffverse, an interactive and immersive 3D universe with NFT characters, has secured a US$3 million funding round led by Animoca Brands.

Sky Mavis, Arcane Group, Spartan Group, Foresight Ventures, HashKey Capital, and Xu Family Office also joined the round.

Hong Kong-based Puffverse will use the capital to develop its flagship party game, PuffGo, and the creation of a cloud gaming platform enabling NFT projects to build personalised metaverses using the company’s engine, all without requiring coding skills.

Also Read: How BuildBear Labs makes Web3 space more accessible, secure for developers

Additionally, Puffverse announced a partnership with Sky Mavis to bring the entire Puffverse portfolio to Ronin, the EVM blockchain forged for gaming.

Puffverse is a multi-end universe that blends Web2 and Web3 gaming experiences with diverse characters and whimsical avatars, each with unique personalities, appearances, and abilities. Users can collect unique characters with different costumes, skills, and bonuses tailored for individual gameplay experiences and utilise them in-game and across the ecosystem for gameplay, earning, or life simulation experiences.

PuffGo is a multiplayer royale party game that allows skill-based playing and earning opportunities. The game features various level themes and gameplay modes, offering solo and multiplayer matchups.

PuffGo offers UGC (user-generated content) features, enabling users to craft their game maps and empowering them to craft entire personalised metaverses in the future.

Additionally, Puffverse’s upcoming AIGC (artificial intelligence-generated content) functionality will allow users to direct the AI tools through text commands to create maps, levels, gameplay, or even their own metaverse.

More products are in the offing, including PuffTown, PuffLand, and PuffWorld. Slated for release later this year, Puffverse will launch its ecosystem token and exclusive NFT collection on Ronin.

Also Read: Is Web3 just another ‘hype’ or will it unlock a multi-trillion dollar opportunity in fintech?

Yat Siu, co-founder and executive chairman of Animoca Brands, said: “Puffverse has enjoyed a strong year with the launch of Puff Football NFTs and IGO Points in PuffGo. The Ronin chain is emerging as one of the premier chains for gaming, and is a good choice to take Puffverse to the next level.”

Puffverse Co-Founder and COO Lya L added: “Moving Puffverse to the Ronin blockchain was a strategic decision rooted in our commitment to making our 3D universe more accessible to both Web2 and Web3 users. Our Puff characters’ compatibility with the beloved Axie community makes this migration a natural fit.”

“Party games, with their quick gameplay loops and dynamic social features could be a very good fit for elevation via web3 mechanics. The Puffverse team also understands the East Asia and China market, which we believe is ripe for Ronin to expand into,” stated Sky Mavis CEO and co-founder CEO Trung Nguyen.

—

The post Animoca Brands, Sky Mavis join Puffverse’s US$3M funding round appeared first on e27.