Revolving Games, a publisher of decentralized games and digital ownership, announced a partnership with Animoca Brands to establish Node Network to scale gaming ecosystem.
Revolving Games, guided by Animoca Brands and in cooperation with the RCADE Foundation, is building a scalable, gamer-governed economy using Web3.
Animoca Brands will employ its knowledge and resources to grow RCADE.
Saad Zaeem, Co-founder and Co-Chief Executive Officer of Revolving Games, said they believe being early and adopting blockchain technology gives them the upper hand in Web3, and collaborating with Animoca Brands allows them to tap into the experience of a major Web3 pioneer. Early adoption can offer a buffer in a rapidly changing industry, allowing us to learn and execute as the market matures and becomes more data driven,” he added.
Revolving Games, which has raised over $37 million in venture capital from renowned investors such as Animoca Brands, Pantera Capital, Polygon, and co-founder of Rockstar Games Dan Houser, said it is ready to transform the gaming industry by combining decentralized infrastructure, such as the RCADE Chain, Node Network, and $RCADE token, to expand its multi-platform gaming ecosystem.
Revolving Games has built two international game studios and employed over 150 people, resulting in over $3 billion in income from mobile gaming.
In the next 36 months, the company plans to release ten more AAA titles in addition to four internal games, all while building a decentralized infrastructure.
Phoenix Flight, the upcoming mobile game from the Skyborne brand, will be available for early access starting in the fourth quarter.
Read also- New CEO of Malaysia Debt Ventures is Rizal Fauzi
Phoenix Flight is the first flagship game by Revolving Games to introduce mainstream players to its scalable-by-design gaming ecosystem, which is supported by the Node Network of the RCADE Foundation.
Through engaging gameplay supported by a community-driven decentralized architecture and the interoperable RCADE Token, Revolving Games hopes to attract mainstream consumers.
“While the majority of Web3 games remain largely excluded from mainstream distribution channels, the team behind Revolving Games has a proven track record in designing, developing, and launching games that have captivated mass audiences, We look forward to the expansion of Revolving Games’ IP ecosystem and its onboarding of mainstream users into Web3,” said Yat Siu, Co-founder and Executive Chairman of Animoca Brands.
AAA Web3 blockchain gaming business Revolving Games is creating cutting-edge technology to establish an interconnected metaverse for scalable play-and-earn games.
Read also – India-Based EtherealX has Secured $5 Million in Seed Round Funding
The company is funded by Pantera Capital, Animoca Brands, Polygon, Dapper Labs, Permanens Capital Partners, and other Web3 giants.
Ammar Zaeem, Co-founder and Co-Chief Executive Officer of Revolving Games, said with every game added to the Revolving Games ecosystem, they not only attract new users via compelling IP and gameplay, but they also create greater demand for the decentralized services our node operators provide. This circular gaming ecosystem and economy allow crypto and non-crypto natives alike to seamlessly play the games they love on-chain while owning the digital assets they accrue for time and skill invested, all underpinned by a community-operated node network, Lastly, a single interoperable token (RCADE Token) allows users to move in-game assets between games, as well as allowing third-party games to build on the RCADE chain. A win-win for gamers and game developers,” he added.
Animoca Brands, a Web3 leader, uses blockchain to give users digital property rights worldwide to build the open metaverse.
The company creates and publishes innovative games and products based on sports and entertainment IP.
The company has several subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, SPORTPASS, PIXELYNX, WePlay Media, Gryfyn,
It is one of the most active Web3 investors, investing directly and through Animoca Ventures in Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and others.
About Animoca Brands
Animoca Brands is a leader in digital entertainment, blockchain, and gaming. It was named a Deloitte Tech Fast winner and is on the Financial Times list of High Growth Companies Asia-Pacific 2021.
About Revolving Games
Revolving Games is a mobile-first, web3-focused game developer. Top VCs fund us. RG is developing scalable MMOs and deep Strategy games in a networked Metaverse using cutting-edge technology.
