Azra Games raises $15M to take Web3 games to mainstream gamers
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Azra Games, a blockchain games company aimed at building mainstream collectible and combat RPGs for the Web3 era, has raised $15 million in funding.
The company is run by Mark Otero, who previous led the development of Electronic Arts’ smash mobile game hit Star Wars: Galaxy of Heroes while he was at Capital Games. (Last year, the Star Wars game hit 100 million downloads).
Andreessen Horowitz (from both the newly announced games fund and their crypto fund) led the round, with participation from NFX, Coinbase Ventures, Play Ventures and Franklin Templeton.
In an exclusive interview with GamesBeat, Otero said Azra Games is on a mission to create deep, immersive game universes, with a specialized in-game economy and virtual collectibles, powered by Web3 technology such as non-fungbile tokens (NFTs). This seed funding will be used to accelerate development on Azra’s first game – an epic, fantastical collectibles and mass combat RPG titled Project Arcanas.
“As a kid, I spent countless hours role playing with all of my different toys,” said Otero. “At Azra, we are making a game to recreate this joy, to re-engage adults’ imaginations once again with the ultimate collectibles fantasy, combined with the ultimate fast-paced mix-and-match combat that is accessible yet deeply strategic. Imagine role playing giant monsters, robots and creatures, and leading your favorite heroes and villains to battle – and on top of satisfying game sessions, a vibrant marketplace and a sustainable economy based on real value that only web3 can unlock to deliver the most compelling and complete play experience.”
Otero is working with fellow Capital
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