According to BlockBeats, Cambria, a blockchain-based gaming platform, has successfully raised $250 million in a seed funding round. The round was led by BITKRAFT Ventures, with participation from 1kx, Delphi Ventures, and angel investor Piers Kicks. The funding aims to develop a risk-reward massively multiplayer online game (MMO) inspired by RuneScape.
The successful funding round marks a significant milestone for Cambria, providing the necessary capital to further develop its gaming platform. The participation of prominent investors such as BITKRAFT Ventures, 1kx, and Delphi Ventures underscores the potential they see in Cambria's vision.
The funds will be used to create a game inspired by RuneScape, a popular online game known for its complex player economy and high-risk, high-reward gameplay. This move indicates Cambria's intention to tap into the growing market of blockchain-based games, which combine traditional gaming elements with blockchain technology to create unique gaming experiences.
The investment in Cambria is a testament to the growing interest in blockchain-based gaming platforms. With the financial backing from this seed round, Cambria is well-positioned to develop its RuneScape-inspired MMO and make a significant impact in the gaming industry.