Andreessen and Others Bet $20M on Zed Run NFT Horses
Virtually Human Studio (VHS), the blockchain development firm behind non-fungible token-based (NFT) horse racing game Zed Run, announced $20M+ USD Series A round, led by TCG, a16z and Red Beard, to accelerate our leading platform development in the NFT space.
Zed Run is a blockchain horse racing game set in a Tron-like surreal, neon-filled virtual universe. It allows players to buy and breed racing horses and pit them against others on various racing tracks. Notably, each horse is represented by an NFT—a provably unique crypto token that serves as a digital certificate of authenticity and ownership.
According to VHS, Zed Run players have bought over $30 million worth of virtual racehorses to date.
The studio plans to use its newly acquired funds to expand the game and allow players to master professions such as a stable or race track owner, breeder, accessory designer, and more.
“We are also working to partner closely with brands to produce immersive sponsorship experiences, such as our recent collaborations with The Preakness, Stella Artois and Atari,” said Virtually Human Studio CEO Chris Laurent in the announcement.
“VHS has been at the forefront of this trend thanks to the team’s sharp instincts about what consumers crave from digital entertainment and has built solid foundations for a community-led market,” added Arianna Simpson, general partner at a16z, Andreessen Horowitz’s crypto-focused arm.
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