CCP Games, the masterminds behind one of the most brutal, hardcore, and epic MMOs ever, Eve Online, have just secured a cool $40 million in funding to develop a new AAA title in the Eve universe.
CCP Games plans to use blockchain technology and smart contracts to develop core game systems, enabling open third-party development and connecting players with virtual worlds. They aim to give players more autonomy and agency – something that makes sense if you’re familiar with Eve.
“We are humbled by the confidence from our partners in the development of this new title.” Read more about today's announcement in @HilmarVeigar's interview with @VentureBeat https://t.co/99W47Du7j4
— CCP Games (@CCPGames) March 21, 2023
Leading the funding charge was none other than venture capital giant Andreessen Horowitz (a16z), joined by Makers Fund, Bitkraft, Kingsway Capital, Hashed, and other investors.
As for a16z, the venture capital firm managed to lose billions in the crypto industry in 2022. But hey, they’re still committed to investing in the crypto market and Web3 vision of the internet. Their recent $27 million investment in Carry1st, a mobile games publisher in Africa, just goes to show that they believe Web3 adoption is the future, especially in gaming and emerging markets.