.a16z led a $40 million funding round for CCPGames, creator of pioneering MMO Eve Online, to fuel development of a blockchain-backed game. BrandyBetz reports
Iceland-based CCP, which was founded in 1997, said in an announcement post that the new game would leverage smart contract technology to create relationships between the virtual worlds and players. Other investors in the round included Makers Fund, BITKRAFT, Kingsway Capital, HASHED, and Nexon, among others.
“CCP Games is a pioneer in virtual worlds and digital economies with 25 years of experience creating living sandboxes with unparalleled depth,” said a16z general partner Jonathan Lai in the post. “They're a veteran team and we believe in their ambitious vision to deliver incredible player experiences at the intersection of best-in-class game design and blockchain technology.”
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