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Gunzilla Games Closes $30M Investment Round

Gunzilla Games has recently secured $30 million in funding, with a notable $10 million strategic token investment led by CoinFund and Avalanche’s Blizzard Fund.

Gaming
Mar 26, 2024 · 1 min read
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Gunzilla Games Closes $30M Investment Round

Gunzilla Games has recently secured $30 million in funding, with a notable $10 million strategic token investment led by CoinFund and Avalanche’s Blizzard Fund. Other contributors to this successful funding round include Republic Capital, Morningstar Ventures, and undisclosed equity and validator sales. This investment marks a significant advancement in the adoption of Web3 gaming.

The company's flagship project, Off The Grid, is set to revolutionize the battle royale genre. Scheduled for release on major gaming consoles such as PlayStation, Xbox, and PC, it represents the first Web3 game to debut on these platforms. Gunzilla Games is also dedicated to expanding its proprietary blockchain-based platform, GUNZ, which empowers players with ownership of in-game items.

Operating on the Avalanche Subnet, GUNZ ensures smooth gameplay and streamlined transactions using its native token. The funding obtained will be instrumental in further developing Off The Grid and GUNZ and enhancing post-release content over the coming year.

For those interested in staying updated on Off The Grid, they can add it to their wishlist or join the Discord community for additional information: discord.gg/offthegrid.


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