Fast take:
The corporate plans to make use of the brand new capital to develop its staff.
The corporate can be constructing a first-party Duper sport present akin to high-stakes reside poker.
The seed spherical brings the overall raised to $8.6 million following a $2.9 million spherical introduced in February 2023.
Web3 gaming Studio, Curio has secured a $5.7 million funding spherical led by Bain Capital Crypto and SevenX Ventures co-led the spherical with participation from OKX Ventures. The seed spherical brings the overall raised to $8.6 million following a $2.9 million spherical introduced in February 2023.
Curio is creating an on-chain gaming infrastructure to energy the following technology of blockchain video games. However that’s not what it has all the time been. In 2022, then working as an NFT platform, Curio teamed with Common Music Group to develop NFTs for the file label and its artists.
The corporate plans to make use of the contemporary capital to speed up the event of its high-stakes reside poker-like Duper sport present and develop its core staff. The sport present is predicated on Curio’s flagship wagering technique sport Duper, which just lately launched season one.
Commenting on the announcement, Curio co-founder Kevin Zhang mentioned in a press release: “Whereas most crypto video games try to imitate present video video games, we regarded in one other course at basic board video games and card video games which might be easy, infinitely re-playable, and combine stakes with the sport meaningfully, as a part of the core sport design. Due to this distinctive type issue, Duper is extremely accessible.”
Bain Capital Crypto associate Stephan Cohen added: “We’ve labored with the Curio staff since inception and proceed to be impressed with their imaginative and prescient for the way next-generation video games can leverage blockchain parts. By specializing in emergent social dynamics and skill-based wagering, Curio combines the most effective components of basic video games like Poker and Mahjong with the immersive nature of video video games.”
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