Turnt Gaming has raised over $4.3M in funding for its NFT brawler, Taunt Battleworld from venture capitalists.
Some of the funds will go towards the development of the platform. The investment will also go to Turnt Gaming’s flagship game, Taunt Battleworld.
Polygon Studios, Polygon’s NFT Gaming arm, spearheaded the round. Blockchain investors AU21, GenBlock, and Shinma were also there to support the funding round.
Jeff Liboon, the founder of Turnt Gaming, commented in an interview with GamesBeat. “We’re bringing traditional video game experience to like the blockchain world,” Liboon stated.
Turnt Gaming’s NFT brawler
Taunt Battleworld is a multiplayer fighting game simulator. Those who have played Tekken and Street Fighter should feel at home in this game. It features prominent figures in the boxing and martial arts world. Some of these big names are the MMA legend, Cris Cyborg, and boxing icon, Floyd Mayweather.
Players can get early access to the game by minting one of its 2,500 limited NFTs on the website. Players can also get their unique fighter by minting one of these NFTs. They also gain access to ‘Blood Money Brawls’. There, they can win rewards such as NFTs and Taunt tokens, the game’s native currency.
Play, Watch, Predict, and Earn
Turnt Gaming launched this NFT brawler to offer various ways for players to earn in-game tokens. For instance, the game provides play-to-earn through direct competitions. In the game, players can enter their NFTs into simulated fights. The most skilled players have a higher chance of winning.
There are also watching and predicting to earn. The watch-to-earn approach allows viewers to earn Taunt tokens. For predict-to-earn, they earn tokens by placing bets on competitive streams. Viewers compete with each other by predicting the outcomes of the fights.
The head of investments at Polygon, Shreyansh Singh, made some remarks about the round. “Not only are we partnering with Turnt Gaming to bring their NFT based game to life with our blockchain solution, but we are pleased to be a part of this funding round as well,” he states. “We anticipate this funding to be just the start of a prosperous and successful relationship as we continue to support Polygon’s gaming sector with Taunt Battleworld.”