Yomi Games Raises $2 Million to Become the “Zynga of Crypto” | Pocket Gamer.biz
Game developer Yomi Games announced raising $2 million in a seed round after its first NFT launch.
Participants in the round included Hypersphere Ventures, Infinity Ventures Crypto, Cultur3 Capital, Maveron, Momentum 6, Taureon and a number of angel investors.
Yomi Games said it aims to be the “Zynga of crypto” with casual social games that are more accessible to newer crypto gamers. The company has indicated that it will take a mobile approach to the release of titles.
The studio plans to put in the seed money to achieve its vision of creating blockchain games for casual audiences.
Oni NFT collection
Oni Squad, Yomi Games’ first NFT collection, contains 6,666 hand-drawn generative Onis and launched as a free mint in January. On the first day, the collection reached 300 ETH (over $1 million at the time) in trading volume.
It launched with a mini-game called Oni Mansion, in which these NFTs serve as playable assets. Players can collaborate in-game to customize an NFT mansion and participate in daily missions to earn tokens, which in turn can be used to further upgrade the mansions.
“We believe that player-owned savings, enabled by blockchain technology, are the future of gaming,” said Yomi Games CEO Pavan Katepalli.
“We want all of our games to be as accessible as possible to the widest audience and people new to digital collectibles and NFT games,”
Yomi Games is one of many studios looking to bring blockchain games to mobile audiences. Recently, Battlebound (whose founders are a former Riot Games staffer) raised $4.8 million in its funding round after partnering with a number of NFT collections.
Since then, Sandbox developer Animoca Brands has revealed its acquisition of French company Eden Games to bring blockchain to racing games.