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Swiss Gaming Studio Raises $4 Million for Web3 Hero Shooter

BloodLoop is a free-to-play game that has already seen over user 350,000 registrations

March 28, 2024 06:33 AM

Reading time: 1 minute, 24 seconds

TL;DR 7 Digital Labs, the innovative Swiss gaming studio behind BloodLoop, has announced a successful seed funding round of $4 million. Notable entities such as the Avalanche Foundation, Merit Circle, and Citizen Capital led this investment. BloodLoop, a free-to-play hero shooter, integrates seamlessly into the web3 gaming world. It has already attracted over 350,000 registered users for its closed beta.

7 Digital Labs, a Swiss-based gaming studio, has officially announced its successful seed funding round, having raised $4 million to further the development and launch of BloodLoop, its flagship product.

BloodLoop, a free-to-play hero shooter, represents the forefront of next-generation gaming by merging traditional gameplay with web3 technology.

The Rise of BloodLoop With over 350,000 registered users eagerly awaiting the closed beta version, BloodLoop has quickly captured the attention of the web3 gaming community.

This game promises to offer an immersive, competitive experience without forgoing the benefits of blockchain technology, such as true ownership and the ability to buy and sell in-game assets.

Innovative Funding and Vision The funding round was led by the Avalanche Foundation, Merit Circle, and Citizen Capital, showcasing the industry's faith in BloodLoop's potential.

According to Luca Menale, CEO & Co-founder of 7 Digital Labs, the aim is to provide users with a fluid, next-generation gaming experience powered by blockchain technology.

"The company aims to create gaming platforms that engage users in a fluid, next-generation gaming experience, allowing them to fully and seamlessly take advantage of all the benefits made available by blockchain technology."

A New Era of Hero Shooters BloodLoop introduces a vivid virtual world where players can engage in 5v5 battles, earn NFTs, and climb leaderboards for rewards. Its infrastructure is supported by an Avalanche Subnet, ensuring secure and instantaneous exchanges between users.

Community and Support The game has garnered support from key figures in the blockchain and gaming industries. Ed Chang, Head of Gaming at Ava Labs, expressed excitement for BloodLoop's progress and the decision to utilize Avalanche's network for its blockchain infrastructure.

This partnership highlights Avalanche's commitment to supporting innovative web3 games like BloodLoop.

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