Faraway
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$8.0m | Seed | ||
$21.0m | Series A | ||
Total Funding | €26.4m |
Recent News about Faraway
EditFaraway.gg is a startup operating in the gaming industry, specifically in the realm of blockchain games. The company offers a suite of Web3 technology and tools for partner projects built on the Faraway Platform. Their primary offering is on-demand NFT (Non-Fungible Tokens) minting, which allows users to create an infinite number of unique items and manage royalties, metadata, and visual variations with ease.
The company's business model revolves around the creation and sale of assets for use in their games, such as Mini Royale. Users can create new heroes, weapon skins, and even design new maps for the game. Additionally, users can design new skins for their Community, Energy, and Production buildings within Faraway Land, a feature that allows players to personalize their gaming experience.
Faraway.gg also operates in the play-to-earn market, where players can earn NFTs through gameplay. This model is becoming increasingly popular in the blockchain gaming industry, as it allows players to earn real-world value from their in-game achievements.
The company has recently raised $21 million in funding to further develop social and multiplayer blockchain games with player-driven economies. This indicates a strong market interest in their offerings and potential for future growth.
Faraway.gg serves a broad range of clients, from individual gamers to larger gaming communities. Their focus on player-driven economies and user-generated content suggests a commitment to serving the needs and interests of their user base.
Keywords: Blockchain Gaming, NFT Minting, Player-Driven Economies, User-Generated Content, Play-to-Earn, Mini Royale, Faraway Platform, Web3 Technology, Social Gaming, Multiplayer Games.