Web3 game studio Mooveil has successfully completed a pre-seed/seed round fundraising, raising $5.4 million in investments. The funding round was led by Gumi Cryptos Capital and Arcane Group, both prominent players in the crypto investment landscape. Mooveil also received support from notable investors such as Longhash, IOSG Ventures, and Infinity Venture Crypto, along with other investment firms and individuals.
Arcane Group expressed excitement about supporting Mooveil in their goal of developing an open Web3 gaming ecosystem. They stated, “We look forward to supporting Mooveil as they forge forward in developing an open Web3 gaming ecosystem with players at heart!”
Experienced Leadership in the Gaming Industry
Mooveil boasts a leadership team comprised of seasoned professionals with extensive experience in the gaming industry. The co-founder and CEO, a former senior leader at Riot Games, brings a decade of game development and publishing experience to the table. The studio’s other co-founder and COO has over 20 years of gaming experience and was a former professional player.
“Our mission is to create exceptional gaming experiences that keep players engaged with the games while offering them ongoing rewards and recognition that they rightly deserve.” – Mooveil
Mooveil aims to develop games that incorporate Web3 technology, bridging the gap between gamers’ accomplishments and compensation. They seek to reinforce players’ dedication and legitimize their ownership within the gaming realm.
Exciting Projects on the Horizon
One of Mooveil’s games, “Astrark: Stage ONE,” is an immersive tower defense mobile game featuring both PvP and PvE battles, cooperative multiplayer experiences, and innovative gameplay features. Additionally, the studio is working on “Project B,” a multiplayer strategy game, which is currently under stealth mode. More details about “Project B” are set to be unveiled this November.
