Chain gaming studio Farcana completes US$10 million in seed round financing, with participation from Animoca Brands and others

Farcana, a blockchain gaming studio, has raised $10 million in seed funding from companies such as Animoca Brands, Polygon Ventures, Fenbushi Capital, and Merit Circle to further develop its third-person multiplayer shooting game. Rarestone Capital, MMPro Trust, Unpopular Ventures, Kapo Capital, Emchain, Hasu Capital, and Dravus Investment also participated in this round of financing.

Farcana's goal is to incorporate blockchain elements into the game, such as tournament features with bitcoin rewards for the top 10% of players. The game is planned to operate in a free mode and offer optional battle passes, NFTs, and crafting features.