{"id":3960,"date":"2022-06-07T03:55:35","date_gmt":"2022-06-07T03:55:35","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=3960"},"modified":"2025-12-30T08:35:58","modified_gmt":"2025-12-30T08:35:58","slug":"blockchain-game-raises-6-5-million-in-funding","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/blockchain-game-raises-6-5-million-in-funding\/","title":{"rendered":"Blockchain Game Raises $6.5 Million in Funding"},"content":{"rendered":"\n<p>The Red Village, the pioneering &#8220;play-to-earn&#8221; game built on the blockchain, has attracted investment from the venture fund Paribu Ventures. Paribu Ventures focuses on startups in the Web3 sector, including <strong><em><a href=\"https:\/\/metaverseplanet.net\/blog\/crypto-information-and-news-platform\/\">cryptocurrencies<\/a><\/em><\/strong>, NFTs, the metaverse, and <strong><em><a href=\"https:\/\/metaverseplanet.net\/blog\/blockchain\/\" data-type=\"category\" data-id=\"142\">blockchain<\/a><\/em><\/strong>-based games.<\/p>\n\n\n\n<p>In addition to Paribu Ventures, the Australian-based company recently announced a $6.5 million seed investment round, with participation from investors such as Animoca Brands, GameFi Ventures, SL2 Capital, Polygon Studios, Spark Capital, Pylon Labs, and Vendetta Capital.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"681\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-1024x681.jpeg\" alt=\"Blockchain Game Raises $6.5 Million in Funding\" class=\"wp-image-9808\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-1024x681.jpeg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-300x200.jpeg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-768x511.jpeg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-1536x1022.jpeg 1536w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-150x100.jpeg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The Red Village, featuring game modes like &#8220;Competitions&#8221; and &#8220;The Red Village: Darklands,&#8221; has currently released the Competitions mode to players. The game continues its development in collaboration with Blowfish Studios under Animoca Brands for the more advanced Darklands mode.<\/p>\n\n\n\n<p>In the recent past, The Red Village conducted NFT sales on OpenSea for in-game items and characters, achieving &#8216;sold-out&#8217; status twice. The total value of these sales exceeded 1000 ETH, and the secondary market trading volume surpassed 3000 ETH.<\/p>\n\n\n\n<p>Brendan Robb, Co-Founder of The Red Village, emphasized that the investment would primarily be used for game development. Robb stated, \u201cSuccessful games like The Red Village will drive widespread adoption of blockchain.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-1024x640.jpg\" alt=\"\" class=\"wp-image-9809\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-1024x640.jpg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-300x188.jpg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-768x480.jpg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-1536x960.jpg 1536w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding-150x94.jpg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/12\/Blockchain-Game-Raises-6.5-Million-in-Funding.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The crucial catalyst for this is traditional gamers engaging with high-quality, dynamically successful, and immersive games that build real communities. Our goal is to achieve this; we believe we can provide players with a successful and enjoyable experience rarely seen in today&#8217;s blockchain gaming world.\u201d<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">You may also like this content<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><\/ul>","protected":false},"excerpt":{"rendered":"<p>The Red Village, the pioneering &#8220;play-to-earn&#8221; game built on the blockchain, has attracted investment from the venture fund Paribu Ventures. Paribu Ventures focuses on startups in the Web3 sector, including cryptocurrencies, NFTs, the metaverse, and blockchain-based games. In addition to Paribu Ventures, the Australian-based company recently announced a $6.5 million seed investment round, with participation &hellip;<\/p>\n","protected":false},"author":1,"featured_media":3962,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[322,309],"tags":[308,318],"class_list":["post-3960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse1","category-web3new","tag-blockchain","tag-metaverse-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/3960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=3960"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/3960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/3962"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=3960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=3960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=3960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}