The co-founder of Rockstar Games and one grandmaster behind popular titles like “Grand Theft Auto” has invested $13 million into blockchain studio Revolving Games. Following his investment, Houser will serve as an advisor to the company.
According to the report from GamesBeat, three brothers, Saad Zaeem, Ammar Zaeem, and Shayan Zaeem, have experience in the industry, which led them to find a successful blockchain gaming company that's raised over 25 million dollars since 2020.
The founders had been focused on mobile gaming at the time, but they changed their minds after seeing how much potential there is for Web3 and NFT to revolutionize this sector. Saad Zaeem has known Dan Houser for years - which may explain why these two men have such similar ideas about what's needed in modern game design.
In the last few months, Revolving Games has been attracting major players in gaming and finance with its latest funding rounds. These include Dapper Labs, Pantera Capital, Animoca Brands, and Polygon Kenetic.
It's been a wild ride since the company first started out. Now, over 100 employees worldwide are working on their goals to create decentralized gaming experiences for communities of players looking forward to earning rewards while having fun.
Ammar Zaeem, the company's co-founder, stated the following about the Web2 and Web3 models. “Web3's overall concept works extremely well. We don't believe that anything can be retrofitted into Web2.”
Revolving Games will use the funds to create their own titles and titles in collaboration with well-known franchises in the coming years. At the time of writing, the blockchain studio was working on a game influenced by the Battlestar Galactica universe and Skyborne Legacy, combining Animal Crossing and The Legend of Zelda.
With the rise of online gaming, many companies are looking to take advantage by acquiring their own virtual worlds. However, an up-and-coming startup is taking this idea one step further - they want players and communities involved in deciding how these projects evolve over time.
Zaeem also discussed its communications strategy and its importance in communicating its objectives and mission to the gaming community. The co-founder of Revolving Games believes that the GamiFi model does not have to be divorced from the concept of fun games.
The gaming community has been critical of companies pushing this model because they believe digital assets are energy demanding and studios can use these items as a microtransaction mechanism. This leads many initiatives to fail in bridging legacy with blockchain games, making them less appealing for players who want the best experience possible.
However, Zaeem believes that when free-to-play games first appeared in 2008, they faced a similar problem. As products have evolved, many players have embraced this format. Time will tell whether blockchain games will follow a similar path.
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