Blockchain Platform Rainmaker Games Secures $4.7 Million in Funding
Rainmaker Games, a one-stop hub blockchain gaming platform, has announced the successful completion of its latest seed round, raising a total of $4.7 million.
The funding round was led by Placeholder and Hivemind Capital, with participation from a number of other firms including Shima Capital, Peer Ventures, Coinfund, Side Door Ventures, Blockwall Capital, Placeholder and Tokenbay Capital. With the bear market engulfing even the strongest GameFi projects, let’s see how Rainmakers tackles serious market decisions.
What are Rainmaker Games?
Rainmaker Games is a blockchain game discovery platform. The platform aims to provide players (both web2 and web3) with a single source of games to discover and learn with around hundreds of games to earn (P2E) games on its platform.
CEO and co-founder, Will Deane, describes his platform as Netflix of blockchain games where you can discover and access content complete with reviews, daily earnings and recipes. Vital information such as price activity and popularity is also included in the platform to help investors with alpha information.
$4.7 million seed fund
According to Rainmaker, the new funds will be used to further develop and improve the platform, which will be launched in beta in early 2023. The company has stated that the new version of the platform will be aimed at gaming communities, so that users can challenge each other in games without having to play simultaneous. This approach is similar to the popular fitness app Strava, which allows users to track and compare their workouts with others.
The GameFi platform company recently made waves following the launch and integration of an NFT marketplace on its website. Despite the challenges of the bear market, the GameFi platform company has continued to build and expand its business. In fact, the company has even managed to secure additional funding from investors, showing confidence in the platform’s future potential.
In addition to the funds raised in this seed round, Rainmaker also has raised $6.5 million in its previous seed round in December 2020. The company has been making steady progress towards partnering with many blockchain games, and this latest funding will no doubt be a welcome boost as it works to bring its innovative approach to the gaming world.
Final thoughts
Overall, Rainmaker’s latest seed round is a promising step towards the launch of its long-awaited platform.
The company is eager to bring its unique approach to the gaming industry and create new communities for players to engage in. Backed by a strong group of investors and a clear roadmap for the future, Rainmaker is well positioned to make a splash in the gaming world.
Edmond is a passionate writer for video games, GameFi and Web3. He has worked for top GameFi companies and video game/crypto news sites.
