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Gunzilla Games secures $30M funding to bolster Off the Grid development

blankGunzilla Games, the renowned game development studio, has just secured an impressive $30 million in funding for the development of its highly anticipated game, Off the Grid. This cyberpunk battle royale third-person shooter has been generating a lot of buzz in the gaming industry, and with this recent funding, Gunzilla Games aims to take the game to new heights.

One of the key aspects of this funding is the support it provides for Gunzilla’s blockchain-based digital economy platform, Gunz. This platform offers players full ownership of in-game assets and even includes an NFT marketplace. The strategic token round, co-led by CoinFund and Avalanche’s Blizzard Fund, contributed $10 million to this endeavor. Other notable participants in the token round include Republic Capital and Morningstar Ventures.

Off the Grid is slated for release on PC, PlayStation, and Xbox, and Gunzilla Games has ambitious plans for the game. With a staggering 60 hours worth of story content spread across multiple seasons, players can expect a rich and immersive gaming experience. Additionally, the game offers asset ownership and a player-driven in-game economy, allowing gamers to have greater control over their gaming experience.

Evan Feng, CoinFund’s partner and director of research, expressed his excitement about the investment in Gunzilla Games. He believes that the gap between traditional games and blockchain-based games is shrinking rapidly and will eventually be flipped as more game developers embrace the power of blockchain technology. Feng anticipates that this will lead to better gaming experiences, larger audiences, improved retention rates, and enhanced monetization opportunities.

Gunzilla Games’ co-founder and CEO, Vlad Korolov, emphasized the significance of this funding for the studio. He sees Off the Grid and Gunz as not just advancing AAA gaming but also setting a new standard in the blockchain space. Korolov believes that this evolution is supported by their funding partners and will provide gamers with an experience that exceeds their expectations. The incorporation of a decentralized community-driven in-game economy will further enhance players’ engagement with the game universe.

Gunzilla Games’ recent funding success is a testament to the industry’s belief in the potential of Off the Grid and Gunz. With this financial backing, the studio is well-positioned to deliver a AAA gaming experience that pushes boundaries and captivates gamers worldwide. The convergence of traditional gaming and blockchain technology is an exciting prospect, and Gunzilla Games is at the forefront of this revolution. Keep an eye out for Off the Grid’s release, as it promises to be a game-changer in the gaming industry.