FARWORLD

1/6 We’re very excited to have co-led the $1.75M pre-seed funding round for /farworld alongside @variant, with participation from @base Ecosystem Fund & @coinbaseventures.

first-check crypto vc, investing in an internet that turns users into owners. some of our channels….. /variant /0to1 /web2web3

Lemniscap is an investment firm specialising in investments in emerging cryptoassets and blockchain startups.

2/6 The funding comes as Farworld Labs is preparing for the highly anticipated launch of the Farcade platform in collaboration with top studios & developers, providing a suite of tools for developers to build crypto-native games that integrate with onchain social.

3/6 Alongside the rapid expansion of its onchain mobile gaming ecosystem, Farworld Labs is also gearing up for the launch of Season 1 of Farworld – an onchain monster training game. Interested parties can sign up to the waitlist on https://farcade.xyz.

4/6 In the 3 months following the POC launch of Farworld, Farworld Labs launched the game’s MVP, sold out 8 consecutive drops, generated over $500k in revenue, & broadened the community to tens of thousands of gamers.

5/6 Since Meta restricted third-party developers from creating games within their apps, the integration of gaming within the walls of social media hit a low ebb. Pioneering a unique ‘embedded gaming’ model, Farworld Labs is enabling gamers to play games directly where they already are.

6/6 We look forward to supporting their mission to drive innovation at the exciting intersection of decentralised social media & Web3 gaming, while empowering gamers and developers to build onchain!