Acid Labs raised $ 8 million in funds to expand the Web3 Games portfolio in Telegram.
With the additional support of Fusion VC led by the A16Z Speedrun and NFX, Studio aims to support the development of instant play blockchain games using chat applications such as Telegram, Discord and Whatsapp.
Through new funds, ACID LABS can expand its products and improve technology to reach more extensive potential customers.
Source: Mountain LabWhat is a mountain laboratory?
Acid Labs is a game developer that specializes in integrating Web3 elements into chat -based games.
The company focuses on improving user experience by utilizing the built -in social participation function of the messaging platform. ACID LABS includes a game directly in apps such as Telegram, reducing friction and improving accessibility on new players’ onboards.
Jonn Weinberg, CEO of ACID LABS, has a background knowledge of games and digital entertainment. His previous venture, fuse.tv, showed his expertise in digital platform scaling. Due to the trend of social games, ACID LABS aims to make it easier for the mainstream audience to use blockchain -based games.
Source: Mountain LabWhere is the $ 8 million funds used?
Investment of $ 8 million will be mainly used to expand the game portfolio of ACID LABS, mainly on the Telegram-Native game. The company is also looking for opportunities to expand the market range by bringing chat -based games to other platforms such as Discord and WhatsApp.
In addition, ACID LABS plans to integrate the blockchain function by improving the game experience without adding unnecessary complexity. The company is also investing in AI and data analysis to improve game design, player maintenance and participation. Acid Labs wants to create a smooth and enjoyable game experience for more audience by refining the approach to Web3 Gaming.
With the continuous development of Web3 Gaming, ACID Labs is a key player in the space, allowing blockchain -based games to access and participate in social messaging platforms.