Proof of Play raises $33M for Web3 RPG, ex-Twitch CEO joins board
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Proof of Play announced $33 million in seed funding to fuel the growth of its invite-only, on-chain pirate RPG, Pirate Nation. Players build ships, recruit crew members and battle enemies to compete for glory on the leaderboard.
Since its beta release in December 2022, Pirate Nation has shipped weekly updates. These include card-based combat, island building and community-led world boss raids.
Pirate Nation’s infrastructure is entirely blockchain-based. However, the company plans to quickly immerse players in the game rather than front-loading it with technical barriers to entry. Currently, Pirate Nation is in the process of welcoming its first free-to-play players.
Chris Dixon at Andreessen Horowitz (a16z) and Neil Mehta at Greenoaks co-led the funding round. Naval Ravikant, Balaji Srinivasian, the founders of Twitch, Anchorage Digital, Mercury, Firebase, Zynga and Alchemy also participated.
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Proof of Play wants to create a “Forever Game” that does not rely on creator intervention or external servers to continue to operate. Players will have unprecedented control to add and remove content, further pushing the limits of decentralization.
This permanence is critical to Amitt Mahajan,
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