1/3/2024 0 Comments Bitcraft tokenTBA Earth From Another Sun (76%) Website – WhitepaperĮarth From Another Sun is a blockchain-powered Open-World Galactic Domination Metaverse where players have the freedom to explore an entire star system, conquer planets, build your own territories and armada, and create a variety of content in an ever-expanding universe. The teams prior experience includes employment at Bloomberg, Apple, and Zoic Studios. Other investors include Unity Co Founder, David Helgason and SuperCell CEO Hilmar Petursson.Ĭlockwork labs is a 15 person team headquartered in San Francisco, CA. According to the founder of ClockWork, “the gameplay is very much about the journey…we are designing each skill to have potentially years of content…this kind of per-skill long-term progression is critical to designing a game world which is resilient to coolness inflation”.ĬlockWork Labs has raised $22 million with Andreessen Horowitz leading the round. For example, some skills already implemented include: Forestry, Carpentry, Masonry, Mining, Smithing, Exploration, Hunting, Farming, Cooking. Instead of a typical “mage” or “warrior” class in traditional mmorpgs, players of BitCraft are incentivized to specialize in one profession to cater to the greater population. And in another new development, Englebardt says the fund will obtain tokens when it invests in portfolio companies, rather than just asking for traditional shares.Rather than focus on combat-centric playstyles and competitive gameplay BitCraft is creating a collaborative sandbox mmorpg where the user ultimately decides on the playstyle they enjoy while also being a part of a bigger community. ![]() The limited partners of the new fund include institutions, family offices and university endowments, which reflects how crypto investments have become increasingly mainstream. Launched in 2017, Galaxy Digital is one of the older crypto investors in the industry, which has helped Englebardt gain a long-term perspective on how things have evolved.įrom an investor's viewpoint, Englebardt says that he is glad to meet many bona fide crypto teams, which is a far cry from the Initial Coin Era period of 20, when many projects were no more than a "PowerPoint and fancy names."Įnglebardt also noted that software infrastructure has evolved dramatically in the past five years, and that there are now numerous projects dedicated to the application layer of blockchain-rather than just the protocol one as in the past. So far, the new Galaxy Interactive fund has already invested around $150 million of its capital in companies like video game maker Mythical Games and Masterworks, which lets people buy portions of fine art and register their title on a blockchain. The digital identity they build for themselves is just as important as the real world," said Englebardt, who described the emerging metaverse as the biggest change in culture he's seen in his lifetime.Įnglebardt says he has focused particularly on the video game industry, which he had described as the "tip of the spear" for the broader-and still evolving-crypto sphere. "We're investing in opportunities that arise as a result of young people moving en masse to digital. ![]() In an interview with Decrypt, Galaxy general partner Sam Englebardt, who leads the "interactive" fund, said crypto gaming and art will be among the sectors he is focusing on. The new fund will be dedicated to "interactive" projects, which is how Galaxy describes those "at the intersection of content, finance, and technology." Galaxy Digital, the sprawling crypto investment firm founded by billionaire Mike Novogratz, announced on Tuesday that its Galaxy Interactive division has raised a $325 million investment fund. It has already invested $150 million of the new fund. ![]() ![]()
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