Binance’s venture capital arm is getting into popular RPG games with the latest strategic resource allocation.
Investments with a Plan at GameFi
Binance Labs has put money into Tatsumeeko, a growing RPG game on Discord.
Binance Labs, Binance’s startup financing and accelerator arm, announced on June 9 that it would sponsor the immersive and quickly growing in popularity MMORPG-lite game set in a modern fantasy world. Binance Labs was one of many investors in the US $7.5 million seed round, which was led by DeFiance Capital, Delphi Digital, and BITKRAFT Ventures and also included DeFiance Capital, Delphi Digital, and BITKRAFT Ventures. Among the investors were Animoca Brands, Dialectic, Mechanism Capital, Folius Ventures, Big Brain Holdings, Coinhako, and GuildFi, all of which are big names in the cryptocurrency world.
Mia Mai, Portfolio Manager at Binance Labs, says,”Tatsumeeko has shown that they know what they’re doing and have kept their community growing and their products improving.” “Binance Labs is thrilled to be working with the team as they grow the game and improve how it works. “We think that Tatsumeeko could help bring Web3 games to the public’s attention.”
Tatsumeeko will use the extra money to keep working on the MMORPG-lite experience, which will eventually be available on Ethereum and Solana. Tatsumeeko will also start selling their Aethereal Parcels for the first time in July 2022. This piece of land will have useful and unique features for the person who owns it.
Tatsumeeko is a mobile and Discord-based MMORPG that brings people together in a modern fantasy RPG world. Tatsumeeko is a modern-fantasy MMORPG-lite for Discord, iOS, Mobile, and the Web that is driven by the community. It has grown to have more than 1.44 million Discord servers and more than 60 million users. It combines parts of idle games, JRPGs, and creative building games with a lot of social features and user-generated content to make a modern-fantasy MMORPG-lite for Discord that works on any platform.
The Tatsumeeko team is made up of companies that make games and movies, such as SQUARE ENIX, Koei Tecmo, Tencent, Gumi, and Toei Animation. They have put out games like Final Fantasy Brave Exvius, Dissidia Final Fantasy, Brave Frontier, WAKFU, Attack on Titan, Sword of the Stars, and more.