Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Solana Gaming Platform MonkeyBall Raises $3M From Crypto’s Finest

Published 10/22/2021, 01:12 AM
Updated 05/08/2020, 11:50 AM

Monkey Ball is a Solana-based play-to-earn soccer game, a kind of FIFA Street and Final Fantasy rolled into one fun monkey-themed game.

Play-to-earn gaming platform MonkeyBall has confirmed the conclusion of its recent funding round, during which it managed to raise over $3 million from a slew of venture and angel investors.

Participants in the round include an assortment of high-profile firms such as Solana Capital, Republic, NFX, iAngels, Longhash, CMS, Jump Capital, Youbi, Morningstar Ventures, Banter Capital, Ascentive Assets, MarketAcross, Node Capital, ZBS Capital, Metaversal, Collider, BFF and 6th Man Ventures.

“We are truly excited to unveil this amazing roster of investors who are supporting MonkeyBall,” enthused Oren Langberg, the platform’s Head of Marketing”

Continuing:

“Play-to-earn is an exciting and quickly growing application for blockchain and NFTs, but it’s not easy to find games with great production quality. The first play-to-earn game to truly become mainstream is still in the future, and we are hard at work to realize that future for MonkeyBall.”

DraftKings’ Shalom Mckenzie concurred that “play-to-earn games are a revolution in how gamers interface with the virtual world,” predicting that:

“Gaming and NFTs will be the first true mass appeal application of blockchain; all that is missing is to actually make a game that would stand tall among AAA titles. I believe the Monkey Ball (NYSE:BLL) team has what it takes to get there.”

In addition to the aforementioned VC companies, angel investors who pledged capital included Shalom Meckenzie; Livermore founder Noam Lanir; IronSource co-founder Tamir Carmi; founders from Dafabet; Simplex CEO Nimrod Lehavi; eToro co-founder Yoni Asia; Joe Mccann, Yenwen Feng, Shao-Kang Lee, co-founders of Perpetual Protocol, and Coti CEO Shahaf Bar-Geffen, who will serve as MonkeyBall’s Chairman.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

A fast-paced, play-to-earn arcade soccer game, MonkeyBall sees players compete in games featuring teams of larger-than-life monkeys. Tokens are rewarded for each victory, and there are additional earning opportunities for those who buy stadiums and host matches.

Notable for its high production value and rich gaming experience, MonkeyBall is developed on the Unity game engine, meaning it can be deployed on both Desktop and Mobile. The colorful game is the brainchild of a team comprising of veterans of both the crypto and gaming sectors.

Gigi Levi of NFX said:

“As an early-stage investor in some of the most successful mobile/casual gaming start-ups in the world, NFX has been looking at the booming play-to-earn market for a while now. NFX believes that the space will only continue to grow and that the winners will be those teams that combine the best of blockchain know-how with amazing game-design capabilities – that know-how to utilize and unite the best of both blockchain and “traditional” gaming sectors. MonkeyBall is the best one NFX has seen yet!’

Monkey Ball is a Solana-based play-to-earn soccer game, a kind of FIFA Street and Final Fantasy rolled into one fun monkey-themed game. Players can earn tokens by winning, hosting matches, or even cheering other matches. The release offers a rich gaming experience and is being developed on Unity, making it cross-platform with Desktop and Mobile.

Original Post

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.