Mantle

NPC Labs has successfully raised $18 million in a funding round led by Pantera Capital to revolutionize the Web3 gaming landscape.&nbsp; 
This funding round raised NPC Labs’ total to $21 million, including an earlier $3 million pre-seed round. 
<h2 class="wp-block-heading" id="web3-gaming-a-priority-for-npc-labs">Web3 gaming a priority for NPC Labs&nbsp;</h2> 
NPC Labs was founded to expedite the integration and growth of <a href="https://crypto.news/rise-of-crypto-integration-in-gaming-exploring-opportunities-and-challenges/" data-type="link" data-id="https://crypto.news/rise-of-crypto-integration-in-gaming-exploring-opportunities-and-challenges/" target="_blank" rel="noreferrer noopener">on-chain gaming.</a> The company plays a key role in B3.fun, a gaming ecosystem that operates on Coinbase’s Layer 2 blockchain network, <a href="https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/" data-type="link" data-id="https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/" target="_blank" rel="noreferrer noopener">Base</a>. 
 You might also like: <a href="https://crypto.news/avax-jumps-13-as-gaming-partnerships-propel-growth/"> AVAX jumps 13% as gaming partnerships propel growth </a> 
The funds raised will be used to enhance the B3.fun ecosystem, making it easier for non-Web3 users to discover and engage with crypto games. NPC Labs is building discovery portals like Basement.fun to facilitate this process. 
B3.fun creates a horizontally scaled, microservices-like Layer 3 ecosystem on Base, offering high transactions per second and gasless transactions. 
“Our mission is to restore economic freedom for game developers and players,” NPC Labs CEO Daryl Xu said, emphasizing the company’s mission to empower game developers and players by providing a simple and frictionless gaming experience.&nbsp; 
NPC Labs hopes to address the challenges developers face in the <a href="https://crypto.news/gone-to-hell-web3-governance-can-save-mainstream-gaming-opinion/" target="_blank" data-type="link" data-id="https://crypto.news/gone-to-hell-web3-governance-can-save-mainstream-gaming-opinion/" rel="noreferrer noopener">current gaming market</a> and the potential for blockchain technology to offer more control and revenue opportunities. 
NPC Labs was founded by former Coinbase employees Daryl Xu, Viktoriya Hying, and Sean Geng. 
Key investors from this fundraising round include Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund. 
 You might also like: <a href="https://crypto.news/binance-gains-us-court-approval-to-invest-customer-funds-in-us-treasury-bills/"> Binance gains US court approval to invest customer funds in US treasury bills </a>

NPC Labs raises $18m to improve Web3 gaming

Table of Contents

crypto.news

Andre artikler udgivet 22. jul. 2024

Here's Why Fetch.AI, SEI, and Optimism Are Poised for Major Gains

Kamala Harris’ VP picks and their potential impact on crypto

Metaplanet Buys Bitcoin Worth $1.2M, Finalizing BTC Purchase Plans for Long-Term Holding

Mark Cuban Says Silicon Valley Supports Trump Because of Crypto Stance; Experts Bullish On DeFi C...

zkLink’s ZKL Token Crashes 45% After Listing on Centralized Exchanges

Elon Musk’s Laser Eyes Hint at Bullish Bitcoin Future as Biden Exits Politics

Join our free newsletter for daily crypto updates!