Our partners at
@Forge
have joined forces with
@XterioGames
to leverage Forgeโs gaming, identity, and marketing platform and connect gamers to Xterioโs growing content library of first- and third-party Web3 games๐๐ฅ
Makers of
@AxieInfinity
,
@SkyMavisHQ
, have raised $152M at a nearly $3B valuation. This round, led by
@a16z
, will be used to help Sky Mavis grow a global team, scale its infrastructure, evaluate future projects and build its own distribution platform.
The creative energy and technical acumen from the team
@AMGIStudios
comes with a long track record at places like Disney and Pixar, and we are so excited to help advance their journey as they build at the intersection of Hollywood and Web3.
Weโve been deeply impressed by IMX. We believe they are well-positioned to win in Web3 gaming via great execution and product, and have shown remarkable progress since the year began.
We're holders for the upcoming unlock and have high ambitions for long-term traction. ๐๐คฒ๐ ง
1/ We've been hard at work.
Thrilled to announce that we are in a position of full coverage for the upcoming private sale token unlock, with new investors
@coinbase
,
@KeneticCapital
, KRDA (+ more) joining on board. ๐
Let's dive in - and of course, NFA.
TL;DR ๐ ๐คฒ ๐ ง
Fully Onchain Games, or FOCGs, use the blockchain as a decentralized computing platform, not just as a way to track assets. Hereโs how they could usher in the next major platform shift in gaming according to our very own
@NicoVereecke
๐งต๐
We at
@BitkraftVC
are proud to announce that we have raised a $75M token fund for blockchain gaming and digital entertainment investments. The fund will be headed by
@pierskicks
and complemented by a strategic partnership with
@Delphi_Digital
!
1/ Shoutout to
@Delphi_Digital
for inspiring our deep dive below into the world of video games and UGC. As web3 technology reshapes industries, gaming is at center stage, merging creativity and blockchain innovation. Letโs see how UGC can shape the future of gaming. A thread๐งต
We are excited to announce a new investment deal for Bright Star Studios, creators behind play-to-earn MMORPG
@PlayEmberSword
.
Congratulations to
@MarkLaursen
and the rest of the Bright Star Studios team! We canโt wait to see what you do for this genre.
๐จ We are excited to announce BITKRAFT Ventures Fund III! ๐จ
We are incredibly proud of this accomplishment and cannot wait to invest in forward-thinking, innovative start-ups bringing synthetic reality to life.
From our CEO
@JensHilgers
:
What weโre particularly proud of
๐ค๐๐๏ธOn the heels of the recent partnership announcement between two of BITKRAFTโs partners in the Web3 gaming space -
@Immutable
and
@0xPolygonLabs
- we encourage you to listen to
@0xferg
and
@sandeepnailwal
discuss how they got here, and where theyโre
Tier One Entertainment is promoted as the Philippineโs first gaming and esports talent agency.
@TrulyTopTier
is developing truly talented content creators in the esports and gaming space. /๐งต
Portfolio news!โก๏ธ
@Forge
is setting out to up the ante with the launch of Season 2, featuring self-publishing capabilities, a self-service admin interface to create and manage loyalty programs, and more.
Check it out at
We are announcing our new BITKRAFT Token Fund 1, investing in the intersection of gaming, digital entertainment and crypto. If you are building in the space please do not hesitate to get in touch!
Want to learn more about
@YieldGuild
and how investment in the blockchain game metaverse works?
@DeFiVader
from
@Medium
broke it down for us. The article describes YGGโs business model as well as what its future potential might be.
Check it out below!
On popular request we are publishing the fireside chat with
@MarcMerrill
and
@mikemorhaime
- Enjoy โ45 minutes of talk on entrepreneurship, esports and game development!
We are tremendously excited to announce our investment in
@YieldGuild
, a pioneer in the
#PlayToEarn
movement!
Led by
@gabusch
& powered by blockchain tech, Yield Guild is changing the way games are played and providing a glimpse into the future of work.
Today, we're excited to reveal our new logo! While we have grown and evolved as a fund over the years, our long-standing mission has remained unchanged: to support extraordinary founders
#build
,
#grow
, and
#connect
across the global gaming and interactive media ecosystem. (๐งต๐)
We are excited to back
@AskTinNguyen
and the
@SIPHERxyz
team in their $6.8M raise. We canโt wait to see Sipherโs mission to create fulfilling experiences for many different player archetypes unfold and the Sipher universe to take shape!
Big day today as we announce our biggest single investment to date: VENN - a 24/7 post-cable network aimed at gaming, esports and entertainment audiences. Founded by legendary
@ArielHorn
and Ben Kusin!
Is this the future of blockchain gaming? "Play to Earn: NFT Gaming in the Philippines" makes a strong case. The joint project from
@Delphi_Digital
@YieldGuild
@Emfarsis
follows people playing
@AxieInfinity
to support themselves during lockdown last year.
It is always special to be able to celebrate the people that make BITKRAFT what it is, and today is one of those days as we are thrilled to share the news of Carlos Pereiraโs (
@cegapereira
) promotion to Partner, leading our crypto investing strategy.
Congratulations, Carlos!
We are elated to be adding such remarkable talent to the team in the form of new venture partners
@Thresh
and
@Fwiz
. Their expertise will serve to advance BITKRAFT's ideas, founders and companies. Please join us in welcoming them!
Don't sleep on Web3 gaming ๐ฎ:
โ $1.1B invested into Web3 gaming in Q2 2024.
โ With the many unique active wallets, blockchain gaming often beats other sectors, including NFTs, DeFi, & Social.
Supporting Web3 gaming projects, which are at the forefront of driving this growth,
Congrats to
@gabusch
& the
@YieldGuild
team on their partnership w/
@splinterlands
! ๐
Through the partnership, YGG will bulk-purchase in-game assets to distribute to its members.
Yield Guild Games continues to push forward its vision of
#PlayToEarn
!
Laguna Games is a R&D gaming studio, specializing in blockchain technology. Their first โdigital nation,โ
@crypto_unicorns
, was launched on the
@0xPolygon
in May this year.
Last week, we shared the trailer for a fascinating new documentary called โPlay to Earn: NFT Gaming in the Phillippines.โ Now, you can check out the entire project from
@Delphi_Digital
,
@YieldGuild
, and
@emfarsis
for free at the below link: ๐
The Web3 team had an amazing time at the
@KarateCombat
/
@BITKRAFTVC
reception surrounded by brave friends and entrepreneurs playing Dubai on hard-core mode this week ๐ฆ๏ธ๐๐ช
Are Web3 MMOs on the horizon? Portfolio company
@avalon
thinks so. We're proud to fund Avalon's vision and look forward to seeing them redefine Web3, games and user-generated content.
AVALON is proud to announce that we have closed a $10M funding round led by BITKRAFT Ventures and HASHED!
This will allow us to continue developing the AVALON ecosystem and bring the future of gaming to our community!
Pre-register for our Quests System on
Excited to welcome
@SebPark
as the eighth member of the BITKRAFT investment team! Seb adds executive level esports experience to the team. He was previously the VP of esports at the Houston Rockets and the VP of esports at Clutch Gaming. Welcome aboard, Seb!
What
@playcambria
's building is near the heart of so many gamers in crypto, and we love the combination of nostalgic Runescape-inspired aesthetics with multiplayer risk-centric onchain games. That's why we are so stoked to support Cambria in their journey!๐
Alongside our partner
@Delphi_Digital
, we are delighted to support
@Studio369__
โs open-world MMO vision, an innovative twist on the mech genre, through their $15M private token and NFT sale for
@playmetalcore
. Congrats to Matt,
@dan_nikolaides
, Vic + team!
BITKRAFT Asia Thesis: The Silk Road for Asia Gaming
@JinOh48453128
and
@fareastwitcher
shared their thesis for investing into Asia during
#BITKRAFTSummit2023
. We have crystallized the key points in a thread but recommend diving into the full memo here:
Interested in crypto & venture capital? Come check out the open roles on our growing crypto team! ๐พ๐ฅ These are exceptional opportunities for individuals looking to meaningfully impact BITKRAFTโs expanding crypto portfolio. Learn more below:
In 2017,
@metakingstudios
began their journey to create an ambitious strategy game. The studio has raised $15m to develop
@BLOCKLORDS
, a MMO game that features both turn-based and real-time strategy elements, as well as blockchain. /๐งต
๐ A huge congratulations to BITKRAFT Founding GP
@JensHilgers
for winning the Lifetime Achievement Award at the
@esportsawards
!
Jens has been immensely influential in the world of gaming - from co-founding
@ESL
and leading it to global success, to building
@G2esports
Esports
Big news for the blockchain gaming space today!
@TeamHeretics
is partnering with
@OLAGuildGames
to form a new esports team,
#OlaHeretics
. ๐ค
Entering the competitive blockchain gaming scene, their first steps are to build a roster of players through a series of tryouts.
OLA x TEAM HERETICS ๐
Estamos felices de anunciar nuestro partnership con
@teamheretics
, uno de los equipos de Esports mรกs importantes de habla hispana ๐คฏ
#OlaHeretics
1/5 ๐งต
Congratulations to
@ThatPhinney
, Joe Pikop, Mark Pottorf & the rest of the
@lostlakegames
team on your $5M raise! We canโt wait to see where you take your cross-platform vision!
As proud backers of the
@CarbGames
team, we want to congratulate them for the launch of
@playmadworld
on iOS and Android! This unique game pairs competitive shooting action from a third-person perspective with territory control gameplay based around NFT land assets, and so much
๐จ๐จ๐จ
The
@CarbGames
team is excited to announce the official launch of MadWorld
@PlayMadWorld
! ๐๐ฅณ
Drop a follow to stay tuned for all MadWorld teasers, releases, game updates, exclusive content, and more! ๐ฒ
Another really great day at BITKRAFT as we are fortunate to be able to share our partnership with the team at
@onjoyride
.
Count us in for Tennis Champs (whitelist opps here!: ) and all that comes after.
Beyond watching AMGIโs own creative vision come to life in My Pet Hooligan, we're excited too by the prospect of Interloop, which we believe will bring impactful interoperability to the Web3 ecosystem and give rise to all kinds of new IP, something we can't wait to watch emerge.
Mirror World is building the gaming infrastructure for the Solana ecosystem. We are proud to add the company to our portfolio!
Principal
@justswart
: โWe expect the
@SonicSVM
to become the go-to destination for any gaming studio that wants to build games within the Solana
We are excited to announce that Sonic, developed by Mirror World, has completed a $12M Series A funding round led by
@BITKRAFTVC
, bringing our total capital raised to $16M. ๐
Sonic is the first atomic SVM Layer 2 built to enable sovereign game economies on
@solana
.
Really special to see two of our partners in the Web3 space join forces in service of the future of gaming in the form of
@Immutable
zkEVM powered by
@0xPolygon
.
A strategic alliance of this nature - one focused on making web3 games faster and easier
Today, we at BITKRAFT โ together with our portfolio companies and founders โ announced our BITKRAFT Diversity Commitment to promote and advance equal opportunities in the gaming industry. Check out our Forbes article and our website to learn more!
What does the future of Web3 gaming look like?
@cegapereira
broke it down on the 51Insights podcast, geeking out about opportunities and challenges in the market, brands, AI x blockchain, and so much more.
Today, we are proud to share the news that BITKRAFT has partnered with
@Included_VC
.
Included VC is a first-of-its-kind global fellowship aimed at providing access, opportunity, and knowledge into the world of VC for individuals from communities that are often overlooked.
Big congrats to
@TrulyTopTier
on its successful pre-Series A round!
Their expertise in talent representation & esports combined with the current momentum behind the creator economy will allow them to grow their already impressive following even further.
At BITKRAFT, weโre proud to back visionary founders like
@damor_eth
, whose journey through the gaming industry is nothing short of inspiring. From his early days at EA to co-founding Relentless, and now leading the charge with
@PlaymintUK
, David has consistently sought to
Friends - BITKRAFT Ventures has 140+ portfolio companies
#hiring
a broad range of roles at all levels and disciplines across the globe. The full list can be found here.
If you'd like to join our
#talentnetwork
, where we can help match you with
AI x Web3 ๐งต
Sharing a fan-favorite talk by
@dbennahum
and
@ArKhan
at the
#BITKRAFTSummit23
discussing
I. Value contribution and capture in LLMs
II. Proof of humanity in an explosion of artificial content
III. The rise of the "bot economy"
1/9
BITKRAFT Asia has arrived! We are elated to be expanding our horizons with a formal presence in the world's largest gaming market, with an exceptional pair of first hires leading the way. ๐๐ฎ๐ฐ๐ท๐ธ๐ฌ
๐:
Excited to officially announce
@volleygames
โs $55M Series C, co-led by Microsoft's
@M12vc
and
@lightspeedvp
!
We founded Volley with the belief that talking is the easiest way to communicate, and that games are the most fun way to learn about the world.
In the last few years,
For a long time we felt that Esports and Videogames facilities still somehow needed to come in a truly new and innovative shape and form. The approach
@lvlglobal
Founder Thomas Fellger took truly excited us. Opening 26th of March for the public in Berlin!
Last week we hosted a reception at
#GDC2024
with
@SiliconVlyBank
,
@CMS_law
and
@Xsolla
. We were lucky to have a great crowd of roughly 300 friends, old and new. Thanks to everyone for attending, making valuable new connections, and catching up with partners from our amazing
Very happy to be sharing this news in celebration of the team
@tatsumeeko
, who are among the very best at building community around gaming.
Most excited for where it goes from here. ๐
A+ person, A+ colleague, A+ presentation, and yes...even A+ hair.
Nobody better to have kicked off Friday's final slate of programming at
#BITKRAFTSummit23
than our own
@NicoVereecke
with a look at what has most excited in Web3.
We are proud to be partnering with legendary game designer and entrepreneur
@raphkoster
! Today announcing our seed funding in Playable Worlds, led by our partner
@1ScottRupp
For years the viability of creator-driven businesses has been nearly non-existent for all but a handful of individuals. However, times they are a-changinโ! Check out our latest Insights where we unpack the trends propelling the Creator Economy forward. ๐
Incredible to see the depth of coverage for
@Frost_Giant
in a feature from the
@washingtonpost
, with a focus on launching the company during a pandemic, prioritizing a "good, healthy" culture in game dev, and how to make an RTS game that inspires fewer broken keyboards. โจ๏ธ๐ฌ
๐:
We are delighted to announce we have joined the
@BGameAlliance
. BGA is committed to raising awareness & accelerating adoption of blockchain gaming. We believe blockchain will play a large role in the next iteration in gaming & are proud to support BGA in their mission.
An enormous BITKRAFT welcome to the team at
@KarateCombat
, who are reshaping the experience of sports fandom and community through use of XR and Web3 technology.
A look at what they are building via
@decryptmedia
:
In our latest Insights piece, we dive into the potential benefits of Web3 for users and creators and how a decentralized infrastructure may support core parts of the web.
Click through to read more!
Congratulations to David Johansson,
@NickyLi37
and the rest of the MetaKing Studios team on their $15M raise for
@blocklords
! We believe your deeper gameplay can attract a wide range of player types and create a more inclusive game for the Web3 universe.
BITKRAFT is elated to have led the investment in the team
@avalon
as they embark on building a AAA interoperable digital universe.
This is a highly passionate crew led by
@SeanPinnock
and
@JButlerDev
focused on empowering gamers and creators to build
Welcome to the gang
@GAM3GIRLVC
! We are stoked to have you on board and to help broaden the horizons of Web3 gaming in Asia.
@fareastwitcher
: This investment highlights BITKRAFTโs commitment and deepening of its investment capabilities into the region. BITKRAFT aims to enhance
Letโs take a moment to introduce ourselves! We are Gam3Girl Ventures
@GAM3GIRLVC
, a premier Web3 gaming incubation fund. As we stand at the threshold of a transformative shift in gaming innovation, we are committed to leading the charge and investing in visionary founders &
Our entire BITKRAFT Team is arriving in Los Angeles to prepare for our first annual Portfolio and LP Conference taking place on 10th and 11th of Feb. Several major public announcements in our pipeline as well!
#thegrind
#esports
Congrats to
@ConorRussomanno
, Joseph Artuso & the entire
@OpenBCI
team on their successful raise and upcoming "Galea" product launch in partnership with
@valvesoftware
,
@tobiigaming
, &
@MIT
. Their brain-computer technology is a step towards the metaverse!
In our latest Insights piece, we collaborate with
@naavik_co
to explore the true size of the gaming industry. Gaming - reported as a $175B industry - stands as the largest media category. However, we believe $175B remains an incomplete estimation. ๐งต
Per
@InvestGame
, 24 crypto/blockchain gaming companies closed investments valued at $476M, with 3 companies accounting for 75% of the total. We at BITKRAFT are excited to have investments in this area and looking forward to whatโs to come!
9 month ago we discovered
@voicemod
, 3 month ago we signed our investment, today we are announcing our lead investment in this 8M US$ Series A. Stoked to be partners with
@Jaimebosch_
and
@jochendo
!
๐ย We'd like to introduce a new member of the BITKRAFT Ventures crew!ย ๐
๐ Meet Lauren Wilhelm, CPA, our new VP of Finance/Controller hailingย from the Philadelphia-Metro area in New Jersey. Lauren has an extensive background in tax, private equity, and small business
Tilt Five is bringing your games to holographic life.
@tiltfive
created a tabletop AR platform which fuses traditional board games with the benefits of augmented reality. /๐งต
Congratulations to the team at
@OLAGuildGames
on their $8M raise! Weโre excited to see how you continue empowering communities within LATAM and beyond to join the Metaverse.
Today we are proud to announce a different type of partnership, one in support of a greener future, as we share news of our focused effort on reforestation and the restoration of biodiverse forests in concert with the team at
@TF_Global
.
Read more here:
๐ฃ Exciting news from portfolio company
@Immutable
!
"The future of gaming is here with the launch of Immutable zkEVM Mainnet, powered by Polygon! This revolutionary solution is not just another blockchain; it is a game-changing innovation specifically designed to create new
๐Huge props to our very own
@real_alethea
for their partnership with
@solanamobile
Tokenized AI agents on Solana? Game-changer. Create, interact, earn - all on-chain.โ๏ธ
This is how we onboard the next wave of Web3 users. ๐ช
9/ Solana was the first blockchain to integrate AI, and Seeker takes that even further.
Seeker users can use
@real_alethea
to generate tokenized AI agents, new or familiar faces, that interact on-chain with programs and the Solana community, unlocking new ways to engage & earn.
The latest research work from the BITKRAFT crypto team, with a focus on Web3 tooling, from the minds of
@0xNaylor
and
@B49Jme
, and an assist from
@fareastwitcher
.
๐:
Building a great game is hard.
Meaningfully integrating Web3 whilst building a great game is even harder.
Games may be the killer app for crypto, but to realize this vision developers need intuitive, robust and reliable tools and infrastructure to build upon.