Ascenders Has Successfully Raised $6.4 Fund
Ascenders has successfully raised a $6.4 million private round co-led by Paramount Capital, Sino Global Capital, Three Arrows Capital, and Merit Circle, the leading investors in blockchain technology and gaming.
The investment also features prominent players in the blockchain ecosystem including DeFiance Capital, Blizzard Fund, Colony Labs, GuildFi, Momentum 6, Forward Analytics, Avocado Guild, ZeePrime, Snack Club, Layer X, Mintable and others.
The funds will be used to expand their experienced team of world-class game developers, allowing Ascenders to build what promises to be the most captivating Web3 gaming experience to date. Legendary Foundry Games is currently composed of experienced game developers, with a proven track record of delivering work at top-tier studios, including Activision, Rockstar North, Ubisoft, and Electronic Arts. Members of the team have previously taken up leadership positions for gaming titles, including critically acclaimed games such as Call of Duty Online, Grand Theft Auto Series, Marvel’s Avengers, Ghost Recon: Future Soldier, and many other AAA games.
Ascenders will feature a sci-fantasy open world experience with a fully decentralized, player driven economy, empowering player communities and harnessing the true potential of blockchain. This makes the diverse investor base an ideal partnership, with the support from the guilds’ community expertise and blockchain veterans’ economic design.
The team at Legendary Foundry Games believes that combining solid AAA game development practices with revolutionary blockchain innovations presents the gaming industry with unprecedented opportunities for future growth. Empowering the users through self-custody of in-game assets and the resulting organic economies will aid in building stronger player communities around Web3 gaming projects, forming more immersive experiences.
In Ascenders, players will be able to freely choose their preferred economic lanes at any time. Each lane has its play-to-earn loop and own rewards system, creating complex, lasting interdependencies between players and encouraging continuous trade in the economy. Players will fully own all the weapons, avatars, and land they have created or earned in-game as freely tradeable NFTs.
The successful conclusion of the private investment round signals strong support for their vision. Ascenders is striving to fully realize the potential of blockchain-powered AAA gaming: decentralized player-owned economies, meaningful player governance, and a lasting metaverse identity.
About Ascenders
Ascenders is a sci-fantasy, open-world action RPG featuring a fully decentralized, player-driven economy powered by Avalanche. Players can freely explore new dungeons and discover resources in the distant overworld — Ascension
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