iCandy Interactive Limited announced the release of Web3 game Snaky Cat on Base chain, the L2 incubated by Coinbase. Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, is a strategic partner in this iCandy initiative and has contributed to the design and implementation of certain core aspects of the Web3 components of Snaky Cat.
Read also – HashKey Exchange and Animoca Brands Forge Strategic Partnership
Snaky Cat is a multiplayer Web3 title where players control a unique feline with a snake-like body that feasts on food to grow even longer. The game is designed to capture the thrill of classic snake games while introducing the Web3 dimension of Play-and-Earn, allowing players to participate in a prize pool of cryptocurrency denominated in TOWER tokens, a governance and utility token for the TOWER ecosystem which currently comprises of the Crazy Kings, Crazy Defense Heroes, Chaos Kingdom, and Snaky Cat.
Read also – Bluewhite Raises $39M Series C Funding
Yat Siu, co-founder and executive chairman of Animoca Brands, shared his excitement about the launch of Snaky Cat on Base: “Snaky Cat by our portfolio company iCandy adds functionality and utility to an established token, thus leveraging an existing community. We are proud to have contributed to the launch of Snaky Cat on Base. This is another step in the industry’s march towards mass adoption, in this case greatly facilitated by the Base chain’s economic efficiency.”
Read also – Silverfort Raises $116M Series D Funding
iCandy group chairman Kin Wai Lau remarked that the launch of Snaky Cat on Base strengthens the company’s commitment to building in the Web3 space. “We are very excited to work with Animoca Brands and Coinbase to launch Snaky Cat. We believe firmly in the benefits that Web3 can bring to the world of gaming.”
Read also – Summit Group Acquires UAE-based Sanctuary
“Launching Base has been an exciting journey,” said Jesse Pollak, Creator of Base. “Our goal with Base is to make it easier and more enjoyable for more people to come onchain and understand how it can change the way we do things online. We’re excited to see projects like Snaky Cat embracing Base and pushing the boundaries of onchain gaming. It’s a step towards a more inclusive and connected digital future.”
Read also – Red Dot Capital Partners Announce First Close of $250 Mn Early Growth Fund
About iCandy Interactive Limited
iCandy Interactive Limited is an award-winning, publicly traded video games company that has been listed on the Australian Securities Exchange since 2016. With headquarters in Melbourne, Australia, and offices across South East Asia and Germany, iCandy is one of the largest independent game developers in the region, with more than 650 full-time game developers, artists, and engineers, and has delivered more than 350 mobile, console, PC, and Web3 titles.
Read also – UAE-based Crysp Farms Secures $2.25 Mn in Pre-Series A Round
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help establish the open metaverse.
Read also – Malaysia-based MAVCAP Invests in Vynn Capital’s Fund
