- Proof of Play secures $33 million in funding led by a16z to develop its flagship game, Pirate Nation.
- Pirate Nation is a fully on-chain, free-to-play RPG where players assemble pirate crews, battle ocean creatures, and compete on leaderboards.
The blockchain gaming studio startup Proof of Play has raised $33 million in funding from its latest investing round led by the technology investment firm a16z. These funds will be used to develop Proof of Play’s flagship title, Pirate Nation.
Pirate Nation is a fully on-chain, free-to-play RPG where players assemble their own pirate crews, battle ocean creatures, and compete against fellow players to climb the leaderboards.
Proof of Play Explained
Proof of Play is both a game studio and a technology company. The Proof of Play team comprises a close-knit group of seasoned game developers and forward-thinking entrepreneurs who harness blockchain technology to create captivating gaming experiences.
“Our overarching mission encompasses two core objectives: crafting enjoyable, accessible on-chain games and pioneering innovative technology solutions that simplify on-chain game development for a wider audience.” – Amitt Mahajan, CEO of Proof of Play. Proof of Play brings source code onto the blockchain to foster true composability. This enables applications to collaborate and accelerate development by harnessing each other’s capabilities. Such a model represents a fundamental shift in game development, promoting collaborative growth and a positive-sum environment within the industry.