News

Gaming Platform Believer Secures $55 Million Funding From A16Z And Lightspeed

Key Points:

  • Believer, a blockchain-based gaming platform, has raised $55 million in funding from investors such as Lightspeed and Andreessen Horowitz.
  • Its decentralized platform allows gamers to have full ownership and control over their in-game assets, thanks to the use of blockchain technology.
Believer, a new gaming platform that combines blockchain technology and gaming, has secured $55 million in funding from notable investors such as Lightspeed and Andreessen Horowitz. The funding round also saw participation from several other investors including Accel, Coinbase Ventures, and Founders Fund.

Believer aims to revolutionize the gaming industry by creating a decentralized platform that provides gamers with complete ownership and control over their in-game assets. This innovative approach is made possible through the use of blockchain technology, which ensures that all assets on the platform are secure and immutable.

The $55 million in funding will be used to accelerate the development of Believer’s platform and expand its user base. The platform is currently in beta testing and is expected to launch later this year.

According to Believer’s CEO, the platform has already attracted a significant number of users during the beta testing phase, demonstrating strong demand for a gaming platform that provides players with true ownership and control over their assets.

Believer’s innovative approach has the potential to transform the gaming industry by giving players greater control over their assets, creating new opportunities for monetization, and fostering a more engaging and immersive gaming experience. With the support of top investors, the platform is poised to make a significant impact on the industry and bring blockchain technology into the mainstream gaming world.

Overall, Believer’s $55 million funding round is a significant milestone for the platform and the broader blockchain gaming industry. As more users become aware of the benefits of decentralized gaming platforms, we can expect to see continued growth and innovation in this exciting and rapidly evolving space.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Thana

Coincu News

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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