DeFiance Capital and Delphi Digital Co-Lead a $6 Million Round for the NFT Game ‘Crypto Raiders’

The creators of the role-playing game based on Polygon prefer the term “play-to-own” to “play-to-earn.”

Crypto Raiders, a non-fungible token (NFT) role-playing game (RPG) built on the Polygon blockchain, launched a $6 million funding round lead by crypto investment firm DeFiance Capital and market research firm Delphi Digital on Wednesday. GuildFi, Merit Circle, and Yield Guild Games all took part in the metaverse environment.
The cash will be used to aggressively scale the company’s team, which presently numbers over 20, and invest in non-financial technologies.

“A large number of NFT enterprises out there rely on the creation and sale of further NFTs to generate money. However, with this money, we can allow gamers to earn or gain all of the NFTs in our ecosystem for the next two to three years without charging for them,” Nicholas Kneuper, Crypto Raiders’ CEO and co-founder, explained.

‘Play-to-own’

Knueper and co-founders David Titarenco and Matt Powell recognised an RPG-shaped niche in the NFT gaming market last year and decided to create Crypto Raiders.

Crypto Raiders’ art style is retro, and the gameplay is supposed to mimic traditional RPGs such as RuneScape and World of Warcraft. Players enter dungeons, engage in combat with adversaries, seek out better loot, and attempt to level up their character. Players can engage in player-versus-player combat (PVP).

Roadmap

“We’re in the midst of transferring our game engine to Unity, which will be a significant increase, particularly in terms of our development speed,” said Kneuper, referring to Epic Games’ widely used game engine.

Crypto Raiders will be adding elements to the game over the next two weeks that will allow players to bring a variety of talents to battles. Additionally, there will be an energy system that forces players to choose whether to use energy-intensive powers or not.

Players will be able to sell their stuff through the in-game auction house in the coming months. Crypto Raiders intends to enhance the farming component of the game, such as collecting herbalism materials for potion crafting and ore for weapon forging.

“Crypto Raiders has taken a new approach in developing a Web3 dungeon crawler and RPG experience that players genuinely like while simultaneously giving paths for players to ‘play-to-own,'” said Ryan Foo, Delphi Ventures’ game economist, in a press statement.

 

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

Leave a Comment

Your email address will not be published.

Facebook
Twitter
Telegram

Recent Posts

Follow Us