Golden Finance reports that Orange Cap Games, a development studio that has been constantly emerging in the field of blockchain games, has recently witnessed a significant financing progress. The studio announced that it has successfully completed a $3.5 million seed round of financing. This round of financing was led by industry-renowned 1kx and Yuga Labs, with active participation from multiple investment institutions such as Bing Ventures and Infinity Ventures Crypto. In addition, Many angel investors also joined enthusiastically.
Since its establishment, Orange Cap Games has been dedicated to the innovation and development of blockchain games and has gradually accumulated a certain reputation in the industry. Its two core products – Vibes TCG and Moonbirds – each have their own characteristics and great potential. Vibes TCG is a blockchain card game integrating strategy, collection and battle. Players can build decks by collecting unique cards and apply strategies to win in battles. All the cards in the game are minted based on blockchain technology, ensuring the uniqueness of ownership and the security of transactions. Moonbirds, relying on popular NFT projects, has built a game world full of fantasy elements. Players can embark on adventures and explore mysterious areas in it. The deep integration of Moonbirds and NFTS has brought players a brand-new gaming experience and the possibility of asset appreciation.
One of the leading investors, 1kx, is renowned in the field of crypto investment. It has long been committed to discovering and supporting innovative and promising blockchain projects. In the past, it has successfully invested in numerous influential projects in the cryptocurrency and blockchain sectors, injecting a great deal of vitality into the industry’s development. Another leading investor, Yuga Labs, has achieved remarkable results in the NFT and related fields. As the developer of well-known NFT projects such as Bored Ape Yacht Club, its influence in the NFT market should not be underestimated, and it has abundant industry resources and acute market insight. This time, Yuga Labs’ participation in the financing of Orange Cap Games echoes its previous move of selling the intellectual property rights of the Moonbirds NFT project to the studio, further demonstrating its recognition of the development potential of Orange Cap Games and its determination to provide long-term support.
Participating institutions such as Bing Ventures and Infinity Ventures Crypto also have rich experience and outstanding investment performance in the fields of cryptocurrency and blockchain investment. Bing Ventures focuses on investing in early-stage technological innovation projects and actively lays out in areas such as the application of blockchain technology; Infinity Ventures Crypto has been deeply engaged in the cryptocurrency ecosystem and has conducted in-depth research and made extensive investments in emerging sub-sectors such as blockchain games. The participation of these institutions not only brings sufficient financial support to Orange Cap Games, but also, with its rich industry resources and professional investment experience, provides a strong impetus for the subsequent development of the studio.
The funds obtained from this financing are all planned to be used by Orange Cap Games to promote the development of its Vibes TCG and Moonbirds products and ecosystems. In terms of product research and development, more investment will be made to optimize the gaming experience, such as enhancing the card design and battle mechanism of Vibes TCG, and enriching the game plot and gameplay of Moonbirds. In terms of ecosystem construction, we will actively expand partnerships, hold more online and offline activities, enhance the activity and stickiness of the player community, and attract more users to participate in these two games.
Against the backdrop of the vigorous development of the current blockchain game market, Orange Cap Games has gained the favor of many investors with its innovative game concepts and solid technical strength. The completion of this $3.5 million seed round financing has injected strong impetus into its development. It is expected to promote Vibes TCG and Moonbirds to become star products in the blockchain gaming field in the future and further enhance the position of Orange Cap Games in the industry. It also contributes significantly to the prosperity of the blockchain game ecosystem. With the update and iteration of subsequent products and the gradual improvement of the ecosystem, the market is full of expectations for the performance of Orange Cap Games.
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