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BlockNews
Home GAMING

Overworld Game Leaps into Future with $10M Funding Boost

Michael Juanico by Michael Juanico
February 14, 2024
in GAMING, METAVERSE, NFT
Reading Time: 3 mins read
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  • Overworld, an anime-inspired RPG, raised $10M led by Hashed to develop a free-to-play action RPG using blockchain and NFTs.
  • The unnamed game will have anime art and gameplay loops like defeating enemies and collecting resources, with optional NFT integration to grow the community.
  • Overworld sees an opportunity in untapped anime styled gaming in the West, with an experienced team to redefine multiplayer RPGs by targeting the masses.

Overworld, a studio partnered with blockchain games publisher Xterio, has raised $10 million to develop an anime-inspired free-to-play action RPG. The funding round was led by Hashed, The Spartan Group, Sanctor Capital, and Galaxy Interactive.

JUST IN: Overworld (@OverworldPlay) announces $10 million investment round pic.twitter.com/Q2SeSm0CKC

— BlockNews.com (@blocknewsdotcom) February 14, 2024

What Overworld’s New Game Will Offer

The unnamed game, currently referred to as Overworld, will be a free-to-play RPG with anime-style art. It will utilize the Xterio token and focus on replayable gameplay loops like defeating enemies, collecting resources, and crafting.

Overworld is taking inspiration from popular games and sees an opportunity in the untapped anime-styled gaming market in the West. The game will feature NFTs and digital ownership, but these will be optional. The priority is creating a fun core game first.

Why Digital Ownership Matters

While digital ownership alone won’t make a good game, Overworld plans to use it to grow the community. Sold digital assets like the Overworld Incarna collection of 6000 assets help fund development. Digital ownership improves the user experience but quality gameplay comes first.

Expert Perspectives on Overworld’s Plans

Hashed partner Ryan Kim believes Overworld can redefine multiplayer RPGs in crypto by targeting the masses. With an experienced team and leadership that understands crypto and gaming, Overworld is poised for success. The $10 million will fuel the development of this highly anticipated title.

Overworld aims to leverage the best of both gaming worlds – anime art, rewarding gameplay loops, and an engaged community unified by optional digital ownership. The future looks bright for this ambitious project.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BlockchainHashedOverworldThe Spartan GroupXterio
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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