Blockchain Game Medieval Empires Raises $3 Million in Funding for Public Release

04/14/2023 12:24 • NFT Newsflash • 125 views

On April 14th, it was reported that the blockchain game Medieval Empires raised $3 million in a recent round of financing led by DWG Labs. According to the project roadmap, this funding will accelerate the production speed of the game for public release by the end of this year.

Medical Empires received $3 million in financing

Introduction

On April 14th, DWG Labs announced that they would be financing the blockchain game Medieval Empires with $3 million. With this funding, the development team behind Medieval Empires will be able to accelerate their production speed towards public release by the end of 2021. In this article, we will take a closer look at Medieval Empires and the impact of this recent round of financing.

What is Medieval Empires?

Medieval Empires is a blockchain-based game that allows players to build and manage their own medieval empires. Each player’s empire is unique, and players can use in-game assets such as land, buildings, and armies to gain economic power and defend against enemies. Medieval Empires is powered by the Ethereum blockchain, and in-game assets are represented by non-fungible tokens (NFTs).

Why Did DWG Labs Invest in Medieval Empires?

DWG Labs is a venture capital firm that focuses on blockchain technology and its potential applications. According to their website, DWG Labs “supports companies that are building the future of blockchain and digital assets.” Medieval Empires fits this criteria, as it is a blockchain-based game that uses NFTs as in-game assets.
In addition to this, the team behind Medieval Empires has experience in the gaming industry, having previously worked on games such as Starcraft II and World of Warcraft. This team is also known for their work on the blockchain game Cryptokitties, which was one of the first games to use NFTs.

The Importance of Blockchain-Based Games

Blockchain-based games have become increasingly popular in recent years, as they offer a new level of transparency and ownership to players. In traditional games, in-game assets are owned and controlled by the game’s developer. However, in blockchain games such as Medieval Empires, players truly own their in-game assets, as they are represented by NFTs on the blockchain.
This ownership also allows for a secondary market for in-game assets, as players can buy and sell their NFTs on blockchain marketplaces. This creates a new level of economic activity within the game, as players can earn real-world value for their in-game activities.

The Future of Medieval Empires

With the recent round of financing led by DWG Labs, the team behind Medieval Empires is now able to accelerate their production speed towards public release by the end of 2021. This release will allow players to dive into the world of medieval empires and experience the benefits of blockchain-based gaming.

Conclusion

Medieval Empires is a new and exciting addition to the world of blockchain-based games. With the recent round of financing led by DWG Labs, the game’s development team can now work towards public release by the end of the year. The importance of blockchain-based games cannot be overstated, as they offer a new level of transparency and ownership to players. As the popularity of blockchain-based games continues to grow, the future of Medieval Empires looks bright.

FAQs

**1. Can I play Medieval Empires now?**
No, Medieval Empires is not currently available for public play. However, the recent round of financing led by DWG Labs will accelerate development towards a public release by the end of 2021.
**2. How can I get involved in blockchain-based gaming?**
There are a variety of blockchain-based games available, ranging from strategy games to collectible games. To get started, you will need to set up a digital wallet and create an account on a blockchain gaming platform.
**3. What are non-fungible tokens (NFTs)?**
Non-fungible tokens (NFTs) are unique digital assets that are stored on a blockchain. NFTs are not interchangeable, and each NFT has a unique value and ownership. NFTs are commonly used in blockchain-based gaming to represent in-game assets such as weapons, clothing, and buildings.

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