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Cryptocurrency News Articles

Gunzilla Games Raises $30M to Revolutionize AAA Gaming with 'Off the Grid'

Mar 26, 2024 at 09:02 pm

Gunzilla Games, the developer of the upcoming battle royale shooter "Off the Grid," has raised $30 million in funding, including a $10 million strategic token round. Led by CoinFund and Avalanche's Blizzard Fund, the investment aims to foster a player-driven economy and complete asset ownership within the game. "Off the Grid" is set to release on PlayStation, Xbox, and PC, offering a AAA gaming experience with blockchain integration.

Gunzilla Games Raises $30M to Revolutionize AAA Gaming with 'Off the Grid'

Gunzilla Games Raises $30 Million to Revolutionize AAA Gaming with "Off the Grid"

In a groundbreaking move that signals the maturation of blockchain-based gaming, Gunzilla Games has secured $30 million in a funding round co-led by CoinFund and Avalanche's Blizzard Fund. The funds will fuel the development and launch of "Off the Grid," a free-to-play, battle royale video game set to redefine the gaming landscape.

"Off the Grid" boldly introduces the concept of complete asset ownership and a player-driven in-game economy. Players will have unprecedented control over their virtual possessions, empowering them to trade, sell, and collect unique items within the game universe. This innovative approach ushers in a new era of digital ownership and economic freedom in gaming.

The funding round reinforces the growing momentum behind Gunzilla Games' ambitious vision. In addition to the $10 million strategic token round, the company has garnered support from Republic Capital, Morningstar Ventures, and undisclosed equity and validator sales. The influx of capital bolsters Gunzilla Games' previous $46 million funding round from August 2022, further validating the company's groundbreaking approach.

"With the imminent release of 'Off the Grid' and GUNZ to the public, we are not merely venturing into uncharted territory in AAA gaming, but also establishing a new paradigm in the blockchain sector," declared Vlad Korolov, co-founder and CEO of Gunzilla Games.

Gunzilla Games' goal is to deliver an unparalleled AAA gaming experience that surpasses gamers' expectations and fosters a vibrant in-game ecosystem. The game's integration of blockchain technology seamlessly incorporates a decentralized community-driven economy, enriching player engagement and offering unprecedented levels of ownership and control.

Evan Feng, CoinFund partner and Director of Research, expressed confidence in Gunzilla Games' transformative potential. "The divide between traditional and on-chain games is rapidly diminishing and will inevitably reverse as game developers harness the transformative power of blockchain technology," he stated.

GUNZ, Gunzilla Games' proprietary blockchain platform, empowers players and third-party developers to realize the full potential of in-game asset ownership. Through a user-friendly interface, GUNZ provides access to an on-chain marketplace and mobile apps, where players can seamlessly trade their virtual items as NFTs.

"Off the Grid" deftly integrates blockchain elements into the gameplay experience, making it accessible to console gamers without the need for technical expertise. This approach seamlessly bridges the gap between traditional and blockchain gaming, offering the best of both worlds.

The excitement surrounding "Off the Grid" was evident in the overwhelmingly positive response to the game's gameplay walkthrough trailer released last year on YouTube. The video garnered over 400,000 views and featured renowned gamers such as Dr Disrespect, Clix, and ImperialHal.

Gunzilla Games is poised to revolutionize the gaming industry with "Off the Grid." The game's innovative approach to asset ownership, player-driven economy, and blockchain integration represents a bold leap forward in the evolution of AAA gaming. As the gaming industry embraces the transformative power of blockchain technology, Gunzilla Games is leading the charge towards a more immersive, engaging, and economically empowering gaming experience for all.

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