PANews reported on September 18 that according to Blockworks, Solana-based gaming company MagicBlock has completed $3 million in pre-seed financing, with venture capital giant Andreessen Horowitz (a16z) participating. The company plans to use the new funds to expand its team and develop technology, including introducing its game engine to the Solana mainnet and working with online games. Founded in September 2023, MagicBlock is currently developing a game engine that allows video games to run entirely on-chain.