Impartial sport developer CCP Video games, identified for its multiplayer on-line sport Eve On-line, has introduced that it has secured $40 million in financing from exterior companions to develop a brand new AAA title set within the Eve universe. 

The financing was spearheaded by enterprise capital agency Andreessen Horowitz, with participation from Makers Fund, Bitkraft, Kingsway Capital, Hashed, Nexon and different traders.

In keeping with CCP Video games, the upcoming mission will depend on blockchain know-how and sensible contracts to develop core sport methods, prioritizing persistence and composability, and enabling open third-party improvement to attach gamers and digital worlds. CCP Video games goals to create a brand new relationship between digital worlds and gamers by creating a sport with a deeper stage of participant autonomy and company. The developer believes blockchain know-how will assist in that goal

Based in 1997, CCP Video games is headquartered in Reykjavik, Iceland and has extra studios in London and Shanghai.

Associated: What are Web3 video games, and the way do they work?

Andreessen Horowitz, also referred to as a16z, is a number one enterprise capital agency that misplaced billions within the crypto business in 2022. Regardless of struggling losses, a16z mentioned it remained dedicated to investing within the crypto market and the Web3 imaginative and prescient of the web. Chatting with The Wall Avenue Journal on Oct. 26, a16z normal associate Chris Dixon mentioned the crypto market downturn represented a chance to proceed supporting crypto entrepreneurs and that the sector has a long-term horizon for progress.

On Jan 17, Carry1st, a cellular video games writer in Africa, raised $27 million in a funding spherical that noticed participation from Andreessen Horowitz. The funding will likely be used to advance its publishing and digital content material creation platform, because the backers imagine that the African continent is ripe for Web3 adoption.