- Pnkfrg, a brand new gaming studio development cellular F2P video games at the Bitcoin Lightning Community simply raised $three million.
- The budget will probably be used to broaden video games focused on a F2P round writer financial system with an off-the-cuff revel in.
- The studio primarily based in Berlin and Helsinki contains staff leads from the Sweet Overwhelm Saga.
Pnkfrg studios, a cellular gaming studio startup designing video games for the Lightning Community on Bitcoin, has raised over $three million in a seed spherical, in keeping with a press unlock despatched to Bitcoin Mag.
The budget will probably be used to broaden an off-the-cuff gaming revel in constructed at the Lightning Community. With a core focal point on cellular gaming, pnkfrg studios specializes in free-to-play (F2P) economics which permit taking part players to interact in economies with out requiring budget be spent to benefit from the recreation. The studio intends to combine the writer financial system into the cellular revel in using a round financial system that permits customers to earn and spend inside the ecosystem.
“We based pnkfrg studios as a result of we consider in a paradigm shift in informal cellular gaming in addition to in a brand new method of virtual monetary transactions. Avid gamers and creators search to be rewarded for his or her time, wish to personal and industry virtual property, and be expecting to realize price for his or her talents and contribution whilst having a a laugh time” mentioned Philipp Lanik, CEO and co-founder of pnkfrg studios.
Proceeding at the round financial system, Lanik famous “With our product we’re addressing the desires of the technology of cellular natives and social creators,” as many contributors in virtual economies are in search of tactics to change into local to the surroundings they select.
Seed spherical investment companions incorporated: Stillmark, Velo Companions, Fulgur Ventures. The investment used to be led via LVP, who’s a gaming trade skilled, and Preliminary Capital.
“Bitcoin’s bills community – the Lightning Community – is the one protocol inside the broader cryptocurrency box that has demonstrably established the facility for fast, just about unfastened transactions, around the globe, 24/7 and at scale,” Alyse Killeen, founding managing spouse of Stillmark mentioned. “Additionally, Lightning bills are economical at very low price – at only a fraction of a cent – making micropayments a local capacity.”