InfiniGods, the next-generation mobile gaming studio behind the popular web3 gaming title King of Destiny, has secured $8 million in a Series A round. The round was taken exclusively by top-tier VC firm Pantera Capital

In the fast-paced world of blockchain gaming, innovation is key to standing out from the crowd. Damon Gura, the CEO and co-founder of InfiniGods, understands this better than most. With a vision that extends beyond single games, InfiniGods is focused on creating a thriving cross-gaming IP ecosystem that caters to a wide range of player preferences.

In this article, we dive into the studio's recent funding milestone, the significance of embracing a variety of game genres within web3, why the team chose to build on Arbitrum, and the promising future trajectory for InfiniGods.

More About InfiniGods?

InfiniGods is a mobile gaming company creating a web3 gaming ecosystem by leveraging blockchain technology that enables players to become stakeholders and owners in new “play and own” game economies.

Led by gaming industry veterans, the team specializes in building games around player-owned economies and has helped develop major franchises including Mobile Strike, Game of War, Old Vegas Slots, The Walking Dead: Road to Survival, and Looney Tunes: World of Mayhem.

InfiniGods’ Platform shields gamers that may be new to blockchain through a smart wallet for their digital items, while allowing advanced players the freedom to link their own wallets. With its “player experience first” focus, the InfiniGods Platform ensures gamers don’t need to dive into the intricacies of blockchain to enjoy ownership of their digital collectibles and have a great gaming experience.

Fresh $8 Million Funding

The $8 million raised in this Series A funding round will be predominantly allocated towards enabling InfiniGods to expand its games and infrastructure, facilitating access to a broader mainstream audience. This funding round builds upon InfiniGods' previous success - an $8 million Seed Round in 2022 - which was spearheaded by Pantera Capital, Animoca Brands, and Framework Ventures. Bringing the studio's total funding to an impressive $16 million.

Damon Gura, InfiniGods CEO expressed his enthusiasm stating: “2024 is lining up to be a transformative year for InfiniGods. This capital injection provides us with the resources to scale King of Destiny to a global audience while delivering a next-generation player experience through blockchain technology. Additionally, we're excited to partner with the Valhalla Foundation to shape the future of mobile gaming.”  

More About King of Destiny?

King of Destiny, a new addition to the "Luck-Battle" category, draws inspiration from popular titles such as CoinMaster and MonopolyGo. Players test their luck to win jackpots, travel across civilizations, build mythical cities, and defeat legendary monsters – all in their quest for fame, fortune, and glory. 

King Of Destiny introduces multiple new blockchain products into the InfiniGods ecosystem, all powered by Arbitrum. Through competition and gameplay progression, players can source Fate, a special currency that can be bundled into a Piggy Bank.

Piggy Banks exist as on-chain digital collectibles and can be freely traded on the marketplace to other players. They can later be broken permanently to credit Fate back into the players’ accounts. Additionally, Fate can be used to purchase rare and limited-edition Avatars through a scintillating pack-opening experience, providing players with a fun way to collect beloved characters from King Of Destiny’s storyline.

The team recently announced that they were joining the Arbitrum Gaming Ecosystem - noting that they chose Arbitrum primarily for its "invisible wallets, high-speed signless transactions, and a dynamic mobile marketplace". Arbitrum offers a low-cost, frictionless experience that is vital to ensure InfiniGods can scale its games, infrastructure, and blockchain-enabled experiences to a much larger mainstream audience. 

“Arbitrum is the ideal network for King of Destiny,” said Damon Gura, InfiniGods CEO. “Their low transaction costs, fast transaction speeds, and bustling community provide us with the environment and resources to scale King of Destiny to a global audience while delivering a next-generation player experience through blockchain technology.” 

More About Arbitrum?

The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and its community with secure scaling solutions for Ethereum. Arbitrum One is a leading Ethereum Layer-2 scaling solution initially developed by Offchain Labs. It offers ultra-fast, low-cost transactions with security derived from Ethereum through Optimistic Rollup technology.

Launched in August 2021, the Arbitrum One mainnet beta is EVM-compatible to the bytecode level and has 54%+ TVL in the L2 segment. There are 2000 plus DeFi and NFT projects that are live in the ecosystem to date. In August 2022, Arbitrum One upgraded to Nitro tech stack, enabling fraud proofs over the core engine of Geth compiled to WASM.

Arbitrum recently announced an eight-week-long event called the Arbitrum Arcade. The on-chain Gameathon has been designed to showcase web3's most innovative gaming experiences, provide exposure and prizes to up-and-coming content creators, and bring in-game achievements on-chain with Clique, built on top of EAS (Ethereum Attestation Service). InfiniGods game King of Destiny will be participating in the final week (week 8) - keep your eyes out!

Final Thoughts

InfiniGods' trajectory epitomizes the fusion of cutting-edge web3 technology with player empowerment, paving the way for a new era in mobile gaming. With a solid foundation laid by previous funding rounds and a clear vision for the future, the company stands poised to redefine the gaming landscape.

As they continue to push boundaries, innovate, and prioritize user experience, the journey of InfiniGods promises to captivate both seasoned gamers and newcomers alike, ushering in a realm where ownership, engagement, and enjoyment converge seamlessly.