Red Door Digital raises $5M to build high-end blockchain games
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Red Door Digital has raised $5 million in seed funding to build high-quality blockchain games.
Singapore-based Red Door Digital has developers from Electronic Arts and Tencent, and the company’s mission is to inject some much-needed creativity into web 3 games.
Blockchain games that use nonfungible tokens (NFTs) have taken a lot of heat from game developers and hardcore fans because the gameplay has been weak and it feels like a scam or aggressive monetization scheme.
Founded in 2021, Red Door Digital is one of the companies taking a high-end approach to incorporating web 3 infrastructure, play-to-earn economic models, cross-chain decentralized finance (DeFi) infrastructure, and NFT interoperability.
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Red Door Digital currently has three titles under development, leveraging its proprietary game theory models for engaging gameplay. Reign of Terror is set for release in summer 2022. The game is billed as a cyberpunk massively multiplayer online (MMO) game set in a dreamlike futuristic metaverse, with in-game characters and items available as NFTs.
Expansion packs are already in the works for Reign of Terror later in the year. Toward the end of 2022 will follow racing and battling casual game DinoHorse Saga, and the sci-med battle royale style Project Synth.
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