Rekt Games has raised $7 million in funding from Phoenix Group and Cypher Capital, two firms with strong track records in blockchain and digital asset investment. The studio is building decentralized gaming projects that aim to put more control in the hands of players rather than traditional publishers.
The funding round reflects the increasing interest in web3 gaming, where ownership of digital items and community-driven decision-making are positioned as core features. According to Rekt Games, the new capital will help expand its development efforts and ensure that its upcoming projects are designed to last.
Rekt Games Secures $7 Million
Focus on Community and Ownership
Unlike traditional games where publishers hold control over digital assets, web3 titles developed by Rekt Games are structured around player-driven ecosystems. This includes mechanics where players can own, trade, and influence in-game items and economies. The studio’s goal is to create long-term engagement by aligning the interests of developers and players through decentralized systems.
Phoenix Group and Cypher Capital’s involvement suggests a broader confidence in this approach. Both firms have supported blockchain ventures before, and their investment in Rekt Games shows continued belief in the future of decentralized play.
Rekt Games Secures $7 Million
A Growing Segment of the Gaming Industry
The rise of web3 gaming has created opportunities for studios to experiment with how games are built and monetized. While still a developing segment, the space has attracted attention from both players and investors who are interested in alternatives to traditional models.
Rekt Games is positioning itself to contribute to this trend with a focus on sustainability. Rather than prioritizing short-term gains, the company emphasizes long-term design choices that aim to keep players involved in a meaningful way.
What Comes Next for Rekt Games
With $7 million in funding secured, Rekt Games plans to expand its development capacity and grow its platform. While no specific release timelines have been announced, the studio has made clear that it intends to build games that balance decentralization with strong gameplay foundations.
The company will be closely watched as it enters the next stage of its journey. For both investors and players, Rekt Games represents one of several studios trying to define what decentralized gaming could look like in practice.
Frequently Asked Questions (FAQs)
What is Rekt Games? Rekt Games is a studio developing decentralized web3 games focused on player ownership, community involvement, and long-term sustainability.
Who invested in Rekt Games? Phoenix Group and Cypher Capital led the $7 million funding round.
What makes web3 gaming different from traditional gaming? In web3 gaming, players can own and trade in-game assets, often using blockchain technology. Decisions about the game’s future may also involve the player community.
How will Rekt Games use the $7 million in funding? The funding will be used to expand development efforts, strengthen its platform, and design player-driven experiences with long-term engagement in mind.
Is web3 gaming growing? Yes, the web3 gaming sector is growing as more studios and investors explore decentralized models that give players more control and ownership over their gaming experience.
