Evaverse Team Announces Battlebound Secured $4.8M Seed Funding

Back in May 2021, Adam Hensel and a handful of veterans from Riot Games set out to develop a game where players can experience thrilling moments that meaningfully enrich their lives. Since then, they have recruited other experts from the likes of Ubisoft and Blizzard to join their mission. Just recently, Battlebound closed their seed funding round at $4.8m, with an additional $3m from NFT sales.

Battlebound: Evaverse

Blockchain technology has provided developers and gamers to change the nature of gaming, but it still has much room for improvement. Battlebound is on a mission to enrich the overall player experience through its world-class gameplay. Their first title is Evaverse. This is a competitive Web3 social game that is currently available on Steam.

Players can socialize within Evaverse, while playing mini-games together. Similar to Blankos Block Party, players can do so while expanding their NFT collection in the immersive 3d environment. In addition, Evaverse NFT holders can propose game updates and future design mechanics as they move towards a play-to-earn model.

Battlebound is also developing its second title: Project A. This game combines the traditional creature collecting gameplay with competitive multiplayer combat, social progression, and adventure. The team is now encouraging their community to join in early. Early participation will lead to airdrops, NFT rewards, and early access to games. 

The company has an impressive list of backers. The seed round was led by Andreessen Horowitz, Play Ventures and Dapper Labs. Other investors include Kristian Segerstrale, Ryan Wyatt, Gabby Dizon, Roham Gharegozlou, Alex Price, and others. The company is looking to scale up its development with this funding, and is also actively trying to fill up various internal positions.