The Red Village Led By Animoca Brands to Build First Ever Web3 Dark-Fantasy Game

The Red Village Led By Animoca Brands to Build First Ever Web3 Dark-Fantasy Game
  • The Red Village announced closing a $6.5M seed capital to build a new Metaverse game.
  • The game will feature a dark-fantasy metaverse game on Polygon blockchain.
  • The current P2E game has two sold out sales in late 2021 and early 2022.

The Red Village has partnered with Animoca Brands, GameFi Ventures, and twenty other names in venture capital to close out a $6.5 million seed capital deal for its metaverse expansion. 

In a tweet, the company disclosed that the funding will be partially used to develop the first immersive, dark-fantasy metaverse gaming ecosystem on the Polygon blockchain called The Red Village: Darklands.

The Red Village: Darklands is currently being developed by Animoca Brands’ Blowfish Studios. Darklands is an open world dark-fantasy RPG inspired by RuneScape, Diablo, Elden Ring, and The Witcher.

The expertise of the partners acquired by The Red Village will provide the designing and implementation of a sustainable token in the future.

In the company’s press release statement, The Red Village co-founder Brendan Robb said traditional gamers rarely move into blockchain gaming due to lack of great game experiences. Robb claimed that the NFT game provides a great gaming experience that fills that gap.

Executive chairman and co-founder of Animoca Brands Yat Siu said Web2 projects are making haste into transitioning to Web3 for its users. He emphasized that:

“Games like The Red Village provide an experience that conventional gamers are familiar with, and will lead the charge as players search for gaming that is both fun and also an opportunity to play-and-earn.”

The play-to-earn NFT game Red Village Tournaments are already live in 3D beta. The game’s current NFT holders, which already received over $500,000 from the P2E game, will be able to transfer their assets into the upcoming Darklands.

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Bryan is a gamer who became genuinely interested in crypto after his initial exposure to Play-to-Earn games like Axie Infinity and Pegaxy. He has basic knowledge of technical analysis and is keeping an eye out for interesting developments in the metaverse and GameFi space.