Moonray Secured $10M in Oversubscribed Funding Round Led by Animoca Brands, Taisu Ventures, Polygon Ventures and more

12 December 2024 – Ethereum based mostly sci-fi fight area multiplayer sport Moonray has raised $10M by way of a number of funding rounds and NFT gross sales, beginning in 2021. Collaborating within the rounds had been Animoca Manufacturers, Republic Crypto, Polygon Ventures, C2 Ventures, Huobi Ventures, Taisu Ventures and Grasp Ventures. Earlier this month, the corporate introduced its growth into consoles with a Ps 5 launch set for 2025. Well-known web3 gaming guilds equivalent to YGG South-east Asia had additionally made a strategic funding into Moonray.

Moonray’s distinctive worth proposition lies in an ecosystem of initiatives being developed round its IP, equivalent to the corporate’s video games in addition to the graphic novels titled ‘Mom’s Pores and skin’ and ‘Echoes of Ascension,’ which can be found in over 4,000 shops throughout North America and the UK. Moonray believes in sustaining a simple onboarding and buying expertise inside and past web3, acquainted to the broader on-line gaming group. As a part of its IP growth initiatives, the corporate has additionally partnered with Reel FX to convey its video games and books to the display by way of its upcoming animated collection. 

Jun Watanabe, Chairman of Sony Block Options Labs mentioned; “Moonray displays the significance of placing gameplay on the forefront. By specializing in creating an attractive participant expertise, blockchain expertise may be seamlessly included in ways in which improve gaming relatively than outline it. This presents a novel alternative to discover how expertise can foster deeper creativity and connections inside the gaming world. The workforce at Moonray is just not solely constructing for Web3 lovers, however can be creating one thing with the potential to achieve past Web3, go mainstream, and make gaming extra vibrant for customers all over the place.”

Yat Siu, the co-founder and govt chairman of Animoca Manufacturers, commented, “We’re excited by Moonray’s progressive strategy to increasing the Web3 gaming panorama. It demonstrates how seamless integration of blockchain expertise can improve consumer experiences. By permitting conventional gamers to benefit from the sport with out boundaries whereas providing blockchain lovers extra options, Moonray helps to bridge the hole between typical and Web3 gaming.”

Moonray initially started testing its PC sport with choose gamers in 2023 and has since expanded right into a aggressive multiplayer fight area sport and an ecosystem. The alpha model of the unique PC sport launched on the Epic Video games Retailer in July of this yr, providing campaigns with rewards for gamers. 

“We’re all so excited to see Moonray and web3 gaming general being uncovered to a complete new viewers of avid gamers,” says Takashi Hayashida, the founding father of Taisu Ventures. “Web3 titles going mainstream on platforms equivalent to Ps reveals the success this trade has had over the previous few years, and we really hope that Moonray can encourage gamers to strive extra video games within the style and that it encourages sport devs to make extra of them, too” he mentioned.

“Few gaming groups perceive the fragile crafting of two separate journeys between broader avid gamers and Web3 members. We’re assured that Moonray, with its sport and token design, finds this steadiness in order that each markets can benefit from the sport with out being at one another’s expense,” says Alex Ye, Senior Director and Head of Analysis at Republic.

“We look ahead to the explosive development of Moonray’s IP universe and the various titles which might be but to come back,” Ye added.

Earlier this yr, Moonray set an OpenSea file with the platform’s largest gaming NFT mint ever, distributing 220,629 free NFTs throughout a 48-hour occasion and providing unique PC-only character skins by way of Coinbase’s Ethereum layer-2 community Base.

The benefit strategy utilized by Moonray it says combines the most effective of web3 and web2 – maintaining sport economics easy at its core providing customers the flexibleness between Web2 and Web3 sport modes, transferring away from the pay-to-win epidemic. The corporate additionally lately revealed it’s engaged on a cellular title along with its authentic PC sport presently out there on Epic Video games retailer.  

Sota Watanabe, CEO of Startale Group mentioned, “Moonray exemplifies what it means to place gamers first, exhibiting that when gameplay leads, expertise follows seamlessly. This strategy doesn’t simply combine blockchain for blockchain’s sake—it enhances the sport, making a deeper, extra artistic expertise. The Moonray workforce is constructing one thing that goes past the Web3 house, bringing vibrant gaming to a broader viewers and setting a brand new normal for what’s potential within the trade.”

As for the sport itself – Moonray is about in a distant “post-human” future, with playstyles that present immersive gameplay and intense fight experiences. Moonray’s aggressive gameplay is straightforward to select up and laborious to grasp, interesting to each informal gamers and esports professionals. 

Hans Andersson, CBO and founding father of Moonray mentioned in an announcement, “With the backing of our notable traders we had been capable of attain extensive horizons inside the world of Web3 and past. Now with the deliberate growth for cellular, Moonray will broaden its networks and ship a cultured multiplayer science fiction battle expertise to much more avid gamers.” 

All these initiatives enable customers to discover the Moonray world and interact them past the sport. Moonray’s core workforce of 40 programmers, designers, and artists is very regarded in its discipline and has shipped a number of titles. The Miium Basis is the creator of the $MNRY ecosystem token, which powers the Moonray universe.

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About Moonray

Moonray Studio is the artistic power behind the Moonray universe, with a number of tasks within the pipeline. Moonray is presently constructing a multiplayer battle area sport that includes intense melee fight set in a post-human world. The sport is dwell on Epic Sport Retailer and entails intense, fast-paced battles demanding mastery of each offence and defence. The Studio can be growing an Autobattler for Cellular with launch in 2025, and has a collection of graphic Novels by Eisner Award winner Brandon Graham out there in over 4,000 shops within the US and UK. Moonray’s strategic companions embody Sony PlayStation, EPIC, Base, Soneium / Sony Block Resolution Labs, OpenSea, Magic Eden, Reel FX, and, with backers together with Animoca Manufacturers, Republic, YGG / IVC and Polygon Ventures. 

About The Miium Basis

The Miium Basis is the creator of the $MNRY protocol, an ecosystem utility token which powers the Moonray universe. The Miium Basis is devoted to creating compelling content material throughout a variety of markets, from comics and animation to video games. The primary implementation of the $MNRY protocol permits PC and cellular video games to combine blockchain options and unlock new methods of taking part in video games for a contemporary viewers.

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