Crypto Raiders, a dungeon crawler role-playing game built on the blockchain that rewards players with NFTs, has announced $6 million in funding from DeFiance Capital and Delphi Digital which co-lead the round.
GuildFi, Merit Circle, Three Arrows Capital, Yield Guild Games and others participated in the investment round as well.
Crypto Raiders explains that they are creating “a more accessible NFT market through a highly interactive, ever-changing gaming landscape.” Built on transparency, Crypto Raiders is creating “an engaged community of players unified by trust, collaboration, and ultimately, the blockchain. ”
As noted in a release shared with CI, its classic retro style “appeals to gamers of every generation, and the vast network of dungeons and dangerous mobs keeps players coming back.”
Nicholas Kneuper, CEO & co-founder of Crypto Raiders, stated:
“We built Crypto Raiders with the RPG games we played growing up in mind. Those games are the perfect use case to bring together gaming and the blockchain. This funding allows Crypto Raiders to focus on its goal of building a top blockchain game with fast-paced launches of new features including bigger dungeons, better play modes and stronger blockchain integrations.”
Nick Kneuper, David Titarenco and Matt Powell co-founded Crypto Raiders because they saw “a gap in the global NFT market.”
The trio didn’t find an NFT game that they wanted to play but “understood the ability of gaming to grant easy access to the NFT market, so they decided to build their own.”
As mentioned in the update, the capital will “enable Crypto Raiders to expand the development of the game’s art, music and narrative teams to create a better player experience.”
Arthur Cheong, founding partner of DeFiance Capital, remarked:
“Community-driven crypto native games are few and far between. However, we believe that the team behind Crypto Raiders have pioneered a different approach to blockchain gaming — one with the hearts and minds of the community placed first DeFiance Capital is delighted to be able to support Crypto Raiders in its journey to become a full-fledged play-to-own game built on Polygon.”
Built to meld the gaming and crypto worlds, Crypto Raiders “makes NFTs accessible for everyone. Its “play-to-own” model makes it possible for players to truly own their game.”
Ryan Foo from Delphi Ventures, said:
“Delphi Ventures is pleased to announce an investment in Crypto Raiders. Crypto Raiders has taken an innovative path in building a Web3 dungeon crawler and RPG experience that players truly enjoy while also providing avenues for players to ‘play-to-own’. Along the way, they’ve managed to build out a loyal community,” “They also have successfully integrated various primitives from DeFi and NFTs, and continue to ship at a breakneck pace. We are excited to be able to support them in this journey, and can’t wait to send our Raiders into increasingly challenging tournaments, raids and battles.”