Categories: News

Horizon Blockchain: Ethereum video game studio raises $ 5M

Horizon Blockchain Games, a startup that is developing a collectible card game sure Ethereum, raised $ 5 million additional from ConsenSys and other investors in the ecosystem.

This is the second fundraiser for the young Canadian start-up specializing in blockchain and the video games. Last summer, Horizon was already raising $ 3.75 million, particularly fromInitialized Capital, the venture capital fund of Alexis Ohanian, the co-founder of Reddit.

Directed by Initialized, this new round of financing (series A) of 5 million dollars attracted ConsenSys, CMT Digital and Regah Ventures as well as former investors like Golden Ventures, Digital Currency Group and Polychain Capital.

To start the year, we raised an additional $ 5 million in a round led by Initialized Capital. We are honored to have the strategic and financial support of world-class partners and experts to energize our vision, "wrote Horizon Blockchain Game on his blog.

The company develops SkyWeaver, an online trading card game developed in HTML5, inspired by Hearthstone and built on the blockchain Ethereum. It is also building a platform for transforming video game items into digital tokens. Baptized Arcadeum, the solution should eventually be offered to other developers.

We will use the funds to deliver our first game to the market and continue to build and evolve our blockchain infrastructure for open and standardized virtual items, ”added Horizon Blockchain Game.

According to the startup, more than 12,000 players are currently testing their game's private beta SkyWeaver and 90,000 people are on the waiting list. She plans to open a public beta by the end of the year.

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