avatar

Blockchain Gaming Platform LootRush Closed $12 Million Seed Round Led by Paradigm

LootRush, a Steam-like platform for blockchain games, has raised $12 million in a seed funding round led by Paradigm with participation from Andreessen Horowitz (a16z), Y Combinator, and others. LootRush offers a quick-start platform for blockchain games and also offers NFT rentals for game play aimed at cutting the cost for new gamers and earning yield for the NFT owners. Axie Infinity is the only game available to play on LootRush at this time. In addition, the platform plans to roll out additional titles throughout the year, including CryptoKitties and NBA Top Shot.
Source

Game

NFT

Fund Raising

Paradigm

a16z

Related News
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
Sony’s Soneium debuts its first music NFT collection with crypto record label Sony’s Soneium debuts its first music NFT collection with crypto record label
Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Latest News More More
Taproot Wizards to hold first public auction of 'Wizards' Bitcoin Ordinals project
Paradigm leads $82 million Series B round for crypto payments network Mesh
1 Day Ago Rex Shares, Osprey Funds file to list MOVE ETF with SEC as Movement readies mainnet launch
1 Day Ago Transaction fees generated on Solana network fall to lowest weekly amount since September
5 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open