Earn Alliance, a game community platform announced the close of its $4.75m seed raise to connect game developers with genuine fans and gamers across the globe through a focus on fun versus crypto speculation. The alpha version of Earn Alliance’s platform is set to launch on December 15th this year. This round was co-led by CoinFund and Fabric Ventures with participation by Blockchain Coinvestors, Animoca Brands, Stake Capital, Athena Ventures, NLS Ventures, MAD World Ventures, Guild Alliance and and several angel investors.
The web3 game industry is still just getting started. Currently, the industry is largely focused on tokenomics over gamer enjoyment, resulting in lower uptake in web3 gaming. Earn Alliance has identified several challenges limiting web3 games, commiting to partnerships with game communities and developers to reshape industry focus back to fun, whilst still exploring innovative tokenomics.
“We are dedicated to opening opportunities for gamers in web3, something v
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