News

Carbonated Inc. Raises 11M for Shooter MadWorld

Carbonated Inc. secures $11 million in Series A funding led by Com2uS for its post-apocalyptic NFT shooter game, MadWorld.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

Carbonated Inc. Raises $13M NFT Shooter MadWorld

Carbonated Inc., the gaming studio behind the anticipated post-apocalyptic shooter game MadWorld, has successfully closed a $11 million Series A funding round. Led by South Korean mobile game publisher Com2uS, this investment round also saw participation from prominent names such as Andreessen Horowitz (A16z), Bitkraft Ventures, Cypher Capital, Blocore, Goal Ventures, and WAGMI Ventures.

Carbonated Inc. Raises $13M NFT Shooter MadWorld

Fresh $11m Funds

This substantial funding injection comes as the studio gears up to expedite the development of MadWorld, which promises a unique blend of combat and territory ownership mechanics, all powered by non-fungible tokens (NFTs). The game recently initiated registrations for early access playtest, generating significant buzz within the web3 gaming community.

MadWorld sets its stage in a post-apocalyptic rendition of Earth, inviting players to engage in strategic warfare while navigating a landscape defined by tokenized land assets based on real-world locations. With 250,000 distinct land plots, each boasting unique resources, players are thrust into rival factions competing for territorial dominance.

Carbonated Inc. Raises $13M NFT Shooter MadWorld

In-Game Currency and Tokens

To amplify the gameplay experience, Carbonated Inc. is set to introduce an innovative mechanism wherein landowners can bolster their control by investing in the in-game currency known as Rounds. These Rounds, which serve as tribute payments between players, are envisioned to eventually transition into an on-chain token, subject to early access feedback and refinement.

Carbonated Inc. Raises $13M NFT Shooter MadWorld

Travis Boatman, CEO of Carbonated Inc., touched on the studio's vision, emphasizing the pivotal role of mobile gaming in the broader adoption of web3 technologies. Boatman expressed confidence in mobile platforms as the catalyst for mainstream acceptance, citing the familiarity of mobile gamers with digital transactions as a key driver for the integration of blockchain-based mechanics.

"While the usability of blockchain gaming interfaces requires refinement, we firmly believe that exceptional gaming experiences will be the primary catalyst for widespread adoption," Boatman remarked, underscoring the importance of seamless user experiences in propelling the evolution of gaming towards decentralized paradigms.

Carbonated Inc. Raises $13M NFT Shooter MadWorld

Final Thoughts

In summary, Carbonated Inc.'s Series A funding signals the growing significance of blockchain gaming and NFT integration in mainstream gaming. With MadWorld leading the charge, the studio aims to deliver a compelling gaming experience while reshaping the mobile gaming landscape. 

As development continues and user feedback informs refinements, MadWorld holds the potential to redefine gaming conventions and pave the way for decentralized gaming on mobile platforms. Supported by industry leaders and driven by a clear vision, Carbonated Inc. is poised to make a lasting impact on the gaming industry.


Game UpdatesInvestments

updated:

March 16th 2024

posted:

March 15th 2024

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