Soba Launched Alpha and Raised Seed Round

Published on: 04.07.2022
Soba Launched Alpha and Raised Seed Round

Soba a Powerful no-code tool, available multi-platform, built for Web3, has launched Alpha and raised its $13.6 million in a seed financing round.

Soba launched alpha and raised a $13.6 million in seed financing round led by Lightspeed Venture Partners with participation from FTX Ventures.

Cherry Ventures, Point Nine Capital and TQ Ventures in addition to creators like Matthew “Nadeshot” Haag, Jack “CouRage” Dunlop, Tim “ClashwithAsh” Evans, Alvaro “Alvaro845” González de Buitrago, have also taken part in the financing round.

Soba Mission and Vision

Soba’s vision is to build the most inclusive virtual world, where anyone can express their ultimate creativity through game creation. 

Soba’s mission is to inspire and enable more gamers to become creators themselves. So far, you had to know how to program to build multiplayer games you could play with your friends. Moreover, Game creation software is restricted to PCs that not everyone has access to, the game development tools tend to be complex and require an extensive time investment. Soba changes this.

Introduction to Soba

In Soba, creators can make their own game by adding and configuring elements built by others or creating custom logic visually without the need to know any programming language. Indeed, it allows creators to build various games, from platformers to shooters in many different styles. 

Soba is free of charge and runs on mobile, PC and Mac, with other platforms coming in the future. As accessibility is of high importance to Soba, players will be able to access the full suite of game-creation tools on mobile, too.

In order to create the best environment for creators, Soba is incorporating blockchain elements and shifting steadily towards Web3. Owners of creator platforms have amassed massive amounts of money, but many creators are struggling to make returns for the time and energy they put in.

Additionally, creators on Web2 platforms face the danger of losing their content and audience because they don’t have true ownership of their profiles. Through Web3, Soba will enable both creators and players to own their digital assets like NFTs. And they will also be able to move those assets from and to other projects. On top of that, creators will receive a high revenue share for their work, as Soba believes that platforms shouldn’t be taking the majority profit.  

About Soba Studios

Soba is an online multiplayer virtual world and gaming platform with integrated no-code game making tools and fair economics for creators via blockchain. However, Soba lets anyone create games – no coding skills or experience needed. Soba works on PC, Mac, iOS and Android with more platforms coming in the future. Soba is founded by Juha Paananen and Florian Odronitz.

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SOURCE

https://docs.google.com/document/d/17xo3yvxjDB6-OWamQeb7kT8fVRyqA65RTSd7-JHwoOE/edit

 

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