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BloodLoop Raises $4M for Blockchain Hero-Shooter

Discover how 7 Digital Labs secured $4 million to propel BloodLoop, a next-gen hero shooter integrating blockchain technology, garnering attention from over 350,000 gamers in just two weeks.

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Eliza Crichton-Stuart

Head of Operations

BloodLoop Raises $4M to Fuel Blockchain Hero-Shooter

Swiss gaming studio 7 Digital Labs has successfully raised $4 million in seed funding, propelling its flagship blockchain game BloodLoop into the spotlight. BloodLoop, a free-to-play hero shooter, stands as a pioneering example of the integration between traditional gaming and blockchain technology. With over three years in the industry, 7 Digital Labs aims to redefine the gaming experience by offering players seamless access to the benefits of blockchain technology.

BloodLoop Raises $4M to Fuel Blockchain Hero-Shooter

New $4 Million Funding

The investment round was led by prominent entities such as the Avalanche Foundation, Merit Circle, and Citizen Capital. This substantial funding will facilitate the completion of BloodLoop's development and its subsequent launch into the gaming market.

CEO & Co-founder Luca Menale expressed the company's vision, stating, "Our goal is to create gaming platforms that provide users with a fluid, next-generation gaming experience, leveraging the advantages offered by blockchain technology."

BloodLoop Raises $4M to Fuel Blockchain Hero-Shooter

Boosting Crypto Gaming

BloodLoop serves as a bridge between the realms of traditional web2 and web3 gaming, ensuring that fans of hero shooters can continue to indulge in immersive gameplay while embracing the innovations brought forth by blockchain technology. With a growing community of over 350,000 registered users eagerly anticipating the closed beta release, BloodLoop promises an engaging and competitive gaming experience.

The game features a 5v5 third-person shooter format, offering players a diverse array of maps and game modes to explore. Upon conclusion of each match, players are rewarded with materials and fragments, which are represented as non-fungible tokens (NFTs) and grant players full ownership. These assets can be utilized in-game or traded among players, adding a layer of economic depth to the gaming experience.

BloodLoop Raises $4M to Fuel Blockchain Hero-Shooter

Powered by Avalanche

BloodLoop operates on an Avalanche Subnet, a dedicated blockchain within the Avalanche network, designed to facilitate seamless and secure transactions between players. By leveraging this infrastructure, BloodLoop eliminates in-game transaction fees and minimizes friction for players unfamiliar with blockchain technology.

Ed Chang, Head of Gaming at Ava Labs, expressed excitement about BloodLoop's potential, stating, "BloodLoop has all the ingredients to become one of the best up-and-coming web3 hero shooters on the market. We are thrilled to support their journey and witness the evolution of blockchain gaming."

BloodLoop Raises $4M to Fuel Blockchain Hero-Shooter

Final Thoughts

With its innovative approach and substantial backing, BloodLoop is poised to revolutionize the hero shooter genre on the blockchain. The game promises to offer players a glimpse into the future of gaming where ownership and interoperability are paramount. As the web3 gaming community eagerly awaits the official launch, 7 Digital Labs remains committed to delivering a groundbreaking play-to-earn gaming experience that transcends traditional web2 norms.

Disclaimer: The information provided here is for educational purposes only and should not be considered financial advice. Investing and trading carry risks, and decisions should be made after consulting a qualified financial advisor. The views expressed are solely those of the author and do not guarantee future results. Users are responsible for their own investment decisions and should conduct thorough research.


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updated:

April 3rd 2024

posted:

April 2nd 2024

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