Openfort raises $3M for wallet-as-a-service infrastructure for Web3 gaming
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Openfort has raised $3 million in a seed funding to expand development for its Web3 gaming wallet-as-a-service infrastructure for Web3 gaming.
Gumi Cryptos Capital and Maven 11 both led the round, with additional funding from Game7, NGC Ventures and Newman Capital. The funds raised will be used to expand product development and collaborate with Web3 gaming partners to offer the strongest wallet solution for gaming projects.
Openfort serves Web3 gaming studios and gaming platforms, enabling them to build an account management backend. Games today face the challenge of having abundant generic wallet solutions that are less than ideal for their needs. Openfort said it has a developer-friendly, easy-to-use Web3 gaming platform. It lets developers granularly customize user experiences for their games with no lock-in.
Openfort was founded by two brothers, Joan and Jaume Alavedra, both engineers who have worked separately on projects ranging from autonomous driving models to healthtech applications, market-making in finance, and encryption protocols.
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In 2022, prior to founding Openfort, the duo participated in and won crypto hackathons hosted by ETHOnline and Encode Club. Subsequently, they joined the PearX Accelerator to bring Openfort to production. Today, Openfort provides web3 games with the best technology foundation for managing and scaling crypto accounts for gamers.
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