Proof of Play, a company led by Farmville co-creator Amitt Mahajan, has raised $33 million in funding to create Web3 games. The funding was co-led by Andreessen Horowitz and Greenoaks, with participation from investors such as Naval Ravikant, Balaji Srinivasan, and the founders of Twitch. The company aims to overcome common roadblocks in playing Web3 games and is committed to decentralization. Its first game, Pirate Nation, was released in beta in December 2022. The team includes members from Epic Games, Zynga, EA, Activision, and Google. This funding round adds to the growing trend of multimillion-dollar investments in Web3 companies.
– Proof of Play has raised $33 million in funding to create Web3 games.
– The funding was co-led by Andreessen Horowitz and Greenoaks, with participation from other notable investors.
– The company aims to overcome roadblocks in playing Web3 games and is committed to decentralization.
– Its first game, Pirate Nation, was released in beta in December 2022.
– The team includes members from major gaming and web companies.
– This funding round reflects the increasing trend of multimillion-dollar investments in Web3 companies.
