A game studio specified for developing blockchain-based decentralized games, Murasaki, has completed a seed round with a worth of up to €1.5M. It was led on the behalf of Incubate Fund (a famous venture capital venue based in Japan particularly known for investment related to the seed phase).
Murasaki Finishes Incubate Fund-Led Seed Round
The objective of Murasaki is to evolve the GameFi economy within the region. They are presently seeing a change within the gaming industry. In this respect, the newly coming technologies such as blockchain are leading the way toward as well as generating infinite opportunities dealing with revenue to facilitate both the creators as well as the players.
Keeping in view the real purpose of the Web3 world, the target of Murasaki is to have control over the power of the community. Along with this, they want to establish a better future for the game engine that would offer the facility to anyone desiring to construct blockchain titles. Shunsuke Sasaki, one of the venue’s co-founders, is known as an angel investor as well as a serial entrepreneur with expertise in game development.
Just 2 years after the platform’s construction, he left to establish Pokelabo Inc (a firm for mobile gaming). Pokelabo Inc was acquired by a Japan-based giant in mobile gaming, GREE, in 2012 in return for $173.8 million. Some prominent titles were made by Pokelabo like SINoALICE, and they are appreciated across the globe. The main founding group within Pokelabo collaborates with Murasaki for the construction of several game titles.
The Incubate Fund-led investment of up to €1.5 will enable Murasaki to fortify its pledge to construct games that are decentralized and community-powered. Murasaki has developed an NFT-based game named Cyberstella with an exclusive endeavor focused on the play-to-earn (P2E) model. The respective game is scheduled to be released at the start of the next year. In the meantime, the launch of an official token, as well as a non-fungible token (NFT), will come after the release of the beta version in this year’s later period.
Incubate Fund and Murasaki Determined to Disrupt GameFi World
The co-founder and CEO of Murasaki, Shinnosuke Murata, stated that he was fascinated by blockchain technology as it permits consensus construction with no national or racial restrictions, and thus Murasaki was founded by him in February this year. He added that a great advantage is provided to them by the current funding round because they will be enabled to carry out additional development in their assets along with the optimization of Cyberstella’s beta version.
According to him, they are giving the game a variety of new features, including worlds, missions, and environments that are completely original to the game. He revealed that they are planning to construct additional titles in the future as well. According to him, they are unable to postpone the process of putting people through the actual experience of using blockchain titles. Keisuke Wada of Incubate Fund disclosed that they are thrilled to work together with the team from Murasaki to address the GameFi challenge.