Shima Capital, with its founder, Yida Gao, has invested $1.3 million on MYSTiC GAMES, a blockchain game development company.
The recent injection of capital will be used for the development of the Web3 game, Call of the VoYd, particularly in developing its DAO (decentralized autonomous organization) structure.
For more information, visit https://www.gamespress.com/en-US/MYSTiC-GAMES-secures-13-million-seed-investment-led-by-Shima-Capital
MYSTiC GAMES is a newcomer in the blockchain gaming development world. They specialize in Web3-integrated mobile games that utilize gameplay to allow users to own NFTs for free. With fresh seed capital from Yida Gao of Shima Capital, they can continue developing Call of the VoYd, which they describe as a “roguelike royale that combines MMO longevity and the monetization of Mobile RPG.”
The Web3 gaming studio is known for its player-friendly games prioritizing the gamer’s experience over profit. MYSTiC GAMES was founded by a small team of gaming industry veterans with decades of experience. Their common goal is to create Web3 mobile games that are flexible, enjoyable, and profitable for gamers and the studio. They achieve this by eliminating the need for players to purchase NFTs to continue playing and exploring new worlds within the game.
While NFTs are still needed, these can be earned through gameplay, and no expenditure is necessary for players to get full access to the game.
Learn more about Shima Capital at https://shima.capital
“We have no doubt that Matthew and the entire MYSTiC GAMES team is poised for great success. The gameplay in Call of the VoYd is what first caught our attention, and we were further hooked by their data-driven approach to launching the game. We’re thrilled to be working with such a seasoned gaming team to bring Web3 gaming into the mainstream,” Gao said in a statement.
Shima Capital has been working closely with MYSTiC GAMES since it was founded in 2022. The venture capital firm has been providing consulting services and has worked with 32-Bit Ventures to launch the seed round.
The Genesis version of Call of the VoYd is available now to test gameplay, but players can join competitions and win prizes already. However, not all features are available yet, including the Genesis NFT collection, which will be launched later this year.
More information is available at https://www.yidagao.com