Binance Labs Joins $6.6M Seed Round for Fusionist, Boosting Early-Stage Web3 Gaming Innovation

Main Takeaways:

  • In May 2022, Binance Labs, together with other investors, spearheaded a $6.6 million strategic funding round for Fusionist, a leading Web3 gaming DApp, with the aim of propelling advancements and widespread acceptance in the realm of Web3 gaming.
  • Fusionist is constructing a scalable multi-gaming environment powered by Unity, delivering top-tier AAA gaming experiences to its rapidly growing Web3 player base.
  • The founding team comprises skilled veterans hailing from Tencent Games, Electronic Arts, and Moonton Games, with a collective experience of over 16 years in creating worldwide PC and mobile games.

In May 2022, Fusionist, a Web3 gaming company, raised $6.6 million in a seed funding round co-led by Binance Labs, the venture capital arm and accelerator of Binance, and Funplus, a prominent player in the Web2 gaming industry. This strategic partnership reflects Binance Lab’s dedication to fostering the growth of early-stage Web3 gaming ventures and cultivating a thriving Web3 gaming ecosystem.

Introducing its definitive sci-fi game trilogy, Fusionist brings together the realms of management simulation, tactical RPG, and strategic 4X genres. The trilogy is set in the 2800s, portraying a world where Earth has suffered extensive damage, rendering it mostly uninhabitable. In this series, players take on the role of Commanders, venturing into the vast universe to explore, discover habitable planets, and ensure the survival of humanity across the galaxy.

With its captivating gameplay and meticulously crafted design, Fusionist aims to create a remarkable gaming experience. The addition of collectible NFTs and innovative multi-gaming mechanics further enhances the gameplay, while the focus on Web3 technology allows Fusionist to establish a scalable gaming space. Effective player segmentation and organic growth are integral to the vision, and the games will initially launch on the BNB Chain before expanding to other Layer-1 networks.

Expressing excitement over the partnership, Fusionist’s CEO, Ike T, acknowledges Binance Labs as a strategic investor and partner. With the support of this industry leader, Fusionist aims to push the boundaries of its accomplishments in the future.

Within a span of five months, Fusionist has amassed a thriving community of 800,000 members. The successful launch of three NFT series and the ongoing beta testing on the renowned video game distribution platform, Steam, solidify Fusionist’s progress. Binance Labs expects Fusionist to deliver an exceptional gaming experience while fostering an interactive and engaged user base. The funds raised from the partnership will enable Fusionist to accelerate game development and further expand the Endurance Mainnet ecosystem, which was introduced in January 2023. Additionally, Fusionist plans to intensify user growth and attract top-tier gaming and Web3 professionals to strengthen the capabilities of their team.

About Binance Labs

Binance Labs, the venture capital arm and accelerator associated with Binance, has achieved remarkable growth, now valued at over $9 billion. Its expansive portfolio consists of 200 projects spanning across 25 countries and 6 continents, showcasing its global reach and impact. With an impressive rate of return on investments exceeding 10X, Binance Labs has successfully nurtured and supported numerous promising ventures. Notably, 50 of the companies in Binance Labs’ portfolio have emerged from its incubation programs, solidifying its reputation as a valuable incubator for aspiring entrepreneurs.

About Fusionist

Fusionist, a gaming company utilizing blockchain technology, presents an array of captivating games centered around collectible NFTs. With a strong emphasis on creating scalable and eco-friendly Web3 experiences, Fusionist has assembled an international team of over 50 developers who have dedicated their efforts to crafting an impressive collection of gaming offerings.

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