Game Studio Gunzilla Games Closes $46 Million in Financing Led by Republic Capital

Game studio Gunzilla Games closed a $46 million round of funding led by Republic Capital with participation from Animoca Brands, Jump Crypto, Shima Capital, GSR, KuCoin Labs, Huobi Group and others. The funds raised will be used to build out their new platform called GunZ, empowering players by granting them complete ownership over their in-game possessions. GunZ will be the foundation for "Off The Grid"(OTG). One of the OTG's standout mechanics is "in-game item trading". Trading will be handled via an internal blockchain based marketplace or any third-party marketplace which supports NFT technology. Gunzilla assures gamers that they will never sell NFTs directly to their player community, nor will they hide progression or any game features behind a monetized paywall. Trading is entirely optional.