Legend of Arcadia, a multi-chain, free-to-play, and play-to-earn casual strategy card game, has secured $4 million from its recently concluded seed funding round. The funds signals that investors are deeply invested in the title’s innovative approach to web3 gaming.
Several angel investors and VCs participated in the seed funding, including reputable companies known for widespread portfolios in web3 gaming like Animoca Brands, OKX Ventures, Arche Fund, and Selini Capital . Besides the financial support, these investors will provide the resources and expertise required to shape the future of Legend of Arcadia and other similar ventures, fostering a supportive ecosystem that embraces creativity and technological advancement.
In June 2024, individual investors raised $1.40M in a public sale round. Legend of Arcadia’s total valuation hits $80M at the end of the round.
Legend of Arcadia: Bridging Traditional Gamers to Web3
The developers of Legend of Arcadia are set to revolutionize the mobile gaming sector with a card-based role-playing game that intertwines decentralization and blockchain technology. This approach aligns with the current game trends that give players free access and democratized entries.
Furthermore, the Legend of Arcadia’s ecosystem is governed by its in-game cryptocurrency, $ARCA. It is designed to enhance player engagement and provide an immersive experience. Players will enjoy the seamless gameplay alongside the game’s economics. ARCA will allow players to own items and earn incentives within the Legend of Arcadia.
ARCA has a total supply of 1,000,000,000 with a couple of token utilities. Players can use ARCA to Level Up their VIP status, purchase NFT assets, receive up to 2.5%, and makeover and upgrade NFT Hero. It is also used to reward veARCA holders.
About Legend of Arcadia
Legend of Arcadia is a multi-chain, free-to-play, and play-to-earn casual strategy card game that blends traditional gaming experience with Web3 GameFi 2.0. The game centers around a fictional colony of small, toy-like, humanoid creatures resembling toys.
In this game, players are challenged to collect and raise different kinds of toy heroes (8 classes and 6 factions) and earn rewards through gameplay. They can take roles in characters like Dr. Oliver, Frank, Onion, Yaffa, and Starling.
LOA features two types of gameplay: PvE (players vs environment) and PvP (player vs player).
To learn more about Legend of Arcadia, visit https://legendofarcadia.io/