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Red Door Digital Raises $5mio

Red Door Digital Raises $5mio

Game Review 

Red Door Digital Raises $5 M in a Bid to Develop AAA Rated Blockchain Games.

A dearth of high-end quality video games in the realm of blockchain games is finally getting a much-needed supply in the shape of recent investments. Singapore-based gaming studio Red Door Digital has had a successful round of funding where it raised $5 million. The investment will be used to develop top-quality blockchain games.

Gaming Studio Red Door Digital Raises $5 M For Blockchain Games
Gaming Studio Red Door Digital Raises $5 M For Blockchain Games

Red Door Digital’s team comprises developers that have experience in developing top games inside famous studios like Electronic Arts, Tencent, Epic Games, Ubisoft, and NetEase.

With help of its team and raised capital, Red Door eyes to fill the gap of game creativity in web 3 games.

All talks aside, what is a blockchain game? NFT etc? Check out the video!

Previously, blockchain games came under severe criticism owing to poor gameplay which made it look less a game and more of a scam.

Red Door Digital was founded last year with services and skills in play to earn economics, NFTs, Web 3 infrastructure, DeFi infrastructure, and NFT interoperability.

Its aim is to enhance entertainment and social interaction in Web 3 by using immersive metaverse experiences.

“As game developers by background, we have always served deeply engaged communities, who play for fun and have shared social and financial incentives.

Web3 is the next, exciting extension of that dynamic, built on blockchain technologies,” said Joseph Derflinger, CEO of Red Door Digital.

As of now, the studio is working on three titles with a focus on proprietary game theory models for more engaging gameplay. One of the studio’s games Reign of Terror is scheduled to release this summer.

The game is an MMO and falls in the category of cyberpunk with a futuristic metaverse-like setting. Other Red Door games set to release in the last quarter of this year are DinoHorse Saga and Project Synth.

Gaming Studio Red Door Digital Raises $5 M For Blockchain Games - Funding
Gaming Studio Red Door Digital Raises $5 M For Blockchain Games – Funding

The investment round was led by Shima Capital, M6, Maven Capital, and Cryptology Asset Group.

As of now, the studio has a team of 40 people with its headquarters in Singapore and the development team residing in the US and Taiwan.

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Red Door Digital Raises $5mio

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Nifty Football is a thrilling blockchain game powered by the Flow Blockchain that allows players to create and manage their own football team as a manager. As they play, players have the chance to collect valuable NFTs. Whether you’re a seasoned football fan or just looking for a new and exciting gaming experience, Nifty Football has something to offer. In Nifty Football, players begin by creating their own unique manager avatar, complete with custom physical characteristics such as skin tone, hair, and clothing. Players can design their avatar to match their own appearance or use their imagination to create a persona befitting a world-class football manager. As players progress through the game, their accomplishments will be recorded and added to their legacy, creating a record of their achievements over time. Nifty Football Manager Avatar: In Nifty Football, players have a reputation factor that grows and evolves as they play. This factor influences player morale, the ability to attract top coaches and scouts to your team, and ultimately, your impact on matches. When the game leaves the beta phase, players’ manager avatars will be minted as collectible NFTs. This adds an extra layer of value and uniqueness to the gameplay experience. Players Nifty Football: Upon starting the game, Nifty Football will randomly generate 18 players for you to use on your team. These players will occupy different positions on the field, including four attackers (right-sided, left-sided, and center), two goalkeepers, six defenders, and six midfielders. You’ll have a well-rounded team to work with from the start, and it will be up to you to strategize and manage your players to achieve success on the field. In Nifty Football, the goal is to turn a team of unknown players into world-class stars. As a result, all players generated at the beginning of the game will be fairly low level. However, beta users will have the opportunity to participate in a full season of games, during which time players will gain experience and advance in level. Additionally, all players have hidden potential, so you may have valuable assets on your team that you don’t even realize until later on in the game. This adds an element of surprise and excitement to the gameplay experience.

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Mobland – Game Review

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Mecha Fight Club – Game Review

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The Sandbox Game: Creative World-Building, NFTs, Play-to-Earn

The Sandbox is a living, breathing virtual environment filled with user-made creations. Players can develop and create their own NFTs, such as avatars, virtual items, and even games. The Sandbox is a game in which players can make their own worlds and explore them. With thousands of different-sized plots to choose from, players can build games, social places, or anything else their imaginations can come up with. The game is made up of voxels, like Minecraft, and each voxel object can be added from an outside editor. The Sandbox Game Maker is based on Unity and has a scripting language that keeps getting better. This lets builders make something truly special. The owner of a plot has full power over what is built on it. This makes it possible to make a wide variety of games, from RPGs to dance games and more. Through the Game Maker, players can join and play any public game. Some of these games allow players to talk to each other. The Sandbox Review: The Sandbox started out as a mobile game in 2012. In 2018, Animoca Brands bought the rights to the game and started making a blockchain-based web3 version. The first land plots were sold in December 2019, and the public can still buy them in 2020 and 2021. Over 100,000 land NFTs are being sold right now, and many of them come with special NFTs that were made by one of the many partners for the sale. There are no play-to-earn opportunities that last forever right now, but each experience in The Sandbox has the chance to make its own play-to-earn features. The Sandbox does run a constant series of special events with different partners, where players can earn SAND tokens and NFT rewards by finishing quests in different experiences. The way you get rewards will change from plot to plot, and each game will have its own way to play to earn. There is only one token in the Sandbox. It is called SAND and is an ERC-20 utility token that can be used on both Polygon and the Ethereum mainnet. SAND can be bought and sold on many centralized and decentralized exchanges. It has a maximum amount of 3 billion, but only about 1 billion are in circulation at any given time. On the Polygon network, you can get prizes for staking in the Sandbox. Players can start using The Sandbox right away by downloading the Game Maker and VoxEdit from the Sandbox site. The Sandbox also has a game launcher that lets you play games that other people have made. Players will have to go through a KYC/identity verification process and link a wallet in order to get prizes from events. Overall, The Sandbox is a creative and unique game that lets players explore and make their own worlds. The Sandbox is a game that you should check out because you can earn prizes and the game keeps getting better.

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Best P2E Games list 2024

Red Door Digital Raises $5mio

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.