John Smedley’s Studio Raises $30.5M for New Shooter Built on Etherlink
7 Articles
7 Articles
EverQuest Co-creator John Smedley Bags $30.5M in Funding for New Shooter Game
Quick take: BitKraft Ventures and Brevan Howard Digital said they co-led the round, with participation from The Tezos Foundation, Hashed, Delphi Ventures, Shima Capital, North Island Ventures, and Decasonic. Distinct Possibility Studios said the game will be built on the Tezos-based EVM-compatible layer-2 network, Etherlink. Co-founder and CEO John Smedley is renowned for co-creating the hit video game EverQuest. Distinct Possibility Studios, a…
John Smedley’s studio raises $30.5M for new shooter built on Etherlink - WorldNL Magazine
John Smedley, a gaming industry veteran and former CEO of Daybreak Game Company (formerly Sony Online Entertainment), is making his first foray into Web3 gaming with a new AAA shooter featuring Tezos layer-2 (L2) blockchain Etherlink.The Smedley-led Distinct Possibility Studios (DPS) has raised $30.5 million in a funding round led by the gaming-focused venture capital firm Bitkraft and the European hedge fund management company Brevan Howard, ac…
Former Riot, Blizzard Game Developers Raise $30.5M to Build AAA Shooter on Etherlink, Tezos L2
The development team will feature industry veterans who have worked for Sony, Amazon, Riot, Blizzard, Ubisoft, and Epic. The games they have worked on include Call of Duty, Valorant, Fortnite, Planetside 2, and other similar shooters. The choice of blockchain for the game economy bolsters robust smart contract functionality, sustainability, and support for complex decentralized apps. The L2, Etherlink, is specifically tailored for gaming, provid…
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