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Turnt Gaming Raises $4.3 million

Turnt Gaming Raises $4.3 million

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Crypto Fighting Game Devs, Turnt Gaming, Receives $4.3M in Funding.

Crypto and NFT gaming continue to grow parallel to traditional gaming with yet another project getting a solid investment. Turnt Gaming has raised $4.3 million for its new arcade fighting and skilled-based crypto game.

Turnt Gaming Raises $4.3 million
Turnt Gaming Raises $4.3 million

The game will use blockchain technology and feature NFTs. It will be one of its kind fighting game which will feature crypto and NFT’s and an opportunity to earn money.

The investment will help Turnt Gaming materialize the idea of a fighting simulator known as Taunt Battleworld.

The skill-based fighting simulator features MMA and boxing legends like Cris Cyborg and Floyd Mayweather.

The investment round was led by Polygon Studios, and other participating members of investors from the blockchain industry like AU21 Capital, Shima Capital, and GenBlock Capital.

Turnt Gaming Raises $4.3 million
Turnt Gaming Raises $4.3 million

Turnt Gaming founder shared his thoughts with the media after the investment round, “We’re bringing traditional video game experience to like the blockchain world,” said Jeff Liboon in an interview with GamesBeat. “The reaction has been really good.”

Despite the recent backlash of hardcore gamers against crypto and NFT games, Turnt Gaming proceeds to target the crypto gaming community. There are avid gamers who like to experiment with new games supporting unique ideas.

Moreover, Turnt Gaming’s real audience is those gamers who are familiar with and like to make bucks via cryptocurrency.

“That’s where we’re starting,” he said. “If you take a look at our graphics, it’s not the latest version of Mortal Kombat on the PS5. But it’s also not just a 2D fighter. It lands squarely in the middle.” Liboon adds.

Talking about the resistance from the traditional gamers, Liboon said, “It’s an interesting question. I think the current desire to talk about this is similar to the resistance to free-to-play games.

Turnt Gaming Raises $4.3 million
Turnt Gaming Raises $4.3 million

There was huge resistance to ad-based games, and they are much more common today. He noted there are scams but he wants to take a long-term approach to the NFT games market.

He thinks the current fans to target are “crypto native” gamers who are willing to experiment.

“They’re already operating in the space with the right kind of mindset,” said Liboon. “We’ve been working in gaming for 20 years and really want to adapt that to what crypto-native audiences are looking for today.”

The studio uses the Unity game engine for its 3D characters and arenas, and it will run on almost all .

The team will also expand with the recent inflow of funds, as of now it stands with just six people.

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Turnt Gaming Raises $4.3 million

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Turnt Gaming Raises $4.3 million

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.