Azra Games, a blockchain gaming business, has secured $15 million in a seed round led by Andreessen Horowitz to create its flagship play-and-earn RPG title, “Project Arcanas.” The round was also attended by NFX, Coinbase Ventures, Play Ventures, and Franklin Templeton. “Project Arcanas” will be a role-playing game featuring a lot of NFTs or unique blockchain tokens that represent ownership. The NFTs in Arcanas will work as deeds of ownership for individual characters or in-game assets. The Genesis Collection from Arcanas will be the game’s first NFTs. These will be characters that can be staked—that is, locked up for some time to earn interest—and will play a significant role in the game’s lore. These non-fungible tokens are known as “PFPs” by Azra (short for “Play Forever Passes”). Making major moves. @AzraGames has secure funding from some of the TOP VCs out there. Congrats to both @markotero & @SonnyMayugba. This is just the start though. I am personally excited to watch them build out the game & can’t wait for the Genesis NFT collection to drop! https://t.co/lQT7jsROaN — S◎L Big Brain (33.3%) (@SOLBigBrain) May 19, 2022 Azra’s crew is ready to take on the blockchain gaming world, with one caveat: the company has yet to decide which chain it will work on. Although it’s unclear which blockchain “Project Arcanas” will end up on, a job offering from Azra Games gives a few suggestions. The company is looking for a Web3 develope...
Binance Releases Latest Reserve Report
What is a block reward?
