Puffverse Migrates to Ronin, Secures $3M in Funding

Puffverse, currently on BNB, is migrating its NFT characters and games to Ronin, the network of Sky Mavis' Axie Infinity. The move is part of a strategic plan to attract more web3 players, starting with PuffGo. Puffverse has also raised $3 million from investors including Sky Mavis, Animoca Brands, and Arcane Group.

Puffverse Migrates to Ronin Network, Secures $3 Million in Funding

Singapore, Singapore - March 7, 2024 - Puffverse, a leading Web3 gaming and entertainment platform, has announced its strategic migration to Sky Mavis' Ronin network. This move marks a significant expansion for Puffverse, bringing its popular NFT characters and upcoming game portfolio to a broader audience within the Web3 ecosystem.

Ronin Expansion and UGC Integration

As part of its migration to Ronin, Puffverse plans to launch its flagship game, PuffGo, a multiplayer royale party game offering a diverse range of themes and gameplay modes. The game features user-generated content (UGC) capabilities, enabling players to create custom game maps and contribute to the game's ever-evolving ecosystem. In the future, Puffverse aims to empower users to create their own metaverses, further enhancing the platform's creative possibilities.

"Our decision to move Puffverse to the Ronin blockchain aligns with our mission of fostering accessibility and bridging the gap between Web2 and Web3 users," said Lya L. Puffverse co-founder and COO. "The seamless compatibility of our Puff characters with the Axie Infinity community makes this migration a natural fit. We are confident that Ronin's robust ecosystem will fuel the next chapter of growth for Puffverse."

$3 Million Funding Round

Concurrent with the migration announcement, Puffverse revealed that it has successfully closed a $3 million investment round led by Animoca Brands. Participating investors include Sky Mavis, Arcane Group, Spartan Group, Foresight Ventures, HashKey Capital, and Xu Family Office.

"Puffverse has made remarkable strides with the launch of Puff Football NFTs and IGO Points in PuffGo," commented Yat Siu, co-founder and executive chairman of Animoca Brands. "The Ronin chain is rapidly emerging as a leading platform for gaming, and we believe it will provide the ideal foundation for Puffverse to reach new heights."

Ronin's Expanding Gaming Ecosystem

Puffverse's migration further strengthens Ronin's growing gaming ecosystem. In recent months, the platform has welcomed the integration of the Ragnarok Online universe, beginning with the launch of Ragnarok: Monster World. The announcement also follows news that the Fight League franchise of blockchain games will be brought to Ronin by GMonsters.

"Party games, with their fast-paced gameplay and social dynamics, are well-suited to the transformative power of Web3 mechanics," added Trung Nguyen, CEO and co-founder of Sky Mavis. "The Puffverse team's understanding of the East Asia and China market, which we believe holds immense potential for Ronin's expansion, is a key factor in this collaboration."

Migration and Future Roadmap

On April 29, 2024, Puffverse will capture a snapshot of all Puff NFTs on the BNB Chain. This will be followed by the migration and airdrop of NFTs to corresponding addresses on the Ronin network. Later in 2024, Puffverse plans to launch its token and an exclusive NFT collection on Ronin.

For further information, please visit the Puffverse website.