Wizzwoods, the cross-chain idle farming game, has raised $10 million in a Series A funding round led by Animoca Brands and Infinity Ventures Crypto (IVC), with participation from several angel investors. The team announced that the funds will be used to accelerate development and expand the game's presence in the web3 gaming space. The investment comes after the project’s token generation event (TGE) in March, which introduced a live in-game economy.
The funding is notable in a period when many web3 projects have slowed development or closed, reflecting confidence in Wizzwoods’ approach to player-driven design and interchain gameplay. The team has indicated that the focus will be on scaling gameplay systems, enhancing the token economy, and broadening cross-chain support.
Wizzwoods Raises $10 Million
Wizzwoods is an open-world strategy game accessible through Telegram Mini-apps and X extensions. Players manage wizard islands, which they can customize, upgrade, and expand. The gameplay combines resource farming, cross-chain trading, multiplayer strategy, and NFT integration. While it draws inspiration from titles like Pixels, DeFi Kingdoms, and Axie Infinity, Wizzwoods distinguishes itself through its cross-chain features spanning Berachain, TON, and Tabi.
Players engage in idle farming by assigning wizards to different buildings, producing resources such as Mushrooms that are further processed into items like Mana Gel and Ethereal. Decorations placed on islands increase prosperity, which in turn allows for additional growth and gameplay options. Community-based quests and social integration on platforms such as X and Telegram add a layer of interaction and cooperation between players.
Role of Wizards in Wizzwoods
Wizards in Wizzwoods act as both workers and heroes. They are essential to resource generation and island progression. Wizards can be minted as NFTs through the Inauguration Ceremony using characters of one star or higher. As they level up, wizards increase efficiency, and at level 30, they can “awaken” into higher star ratings, starting again at level 1 without losing previous gains.
Island prosperity is central to progression, influencing the available land, building options, and gameplay mechanics. Prosperity is calculated using a combination of base values from working wizards and decorations, and multipliers linked to factors such as invitation levels and statue upgrades.
Important Structures and Gem Vault
The game features several important structures, including the Statue, which reflects the island’s level and unlocks new buildings, the Granary of Abundance, the Herbarium Sanctum, and the Gem Vault. Special wizard characters, such as Luna Wicca, Max Spell, and Shadow Paws, contribute to both resource production and competitive gameplay.
Wizzwoods also incorporates competitive and event-based systems. The Wizarding Arena allows teams of up to 32 wizards to engage in ranked PvP battles, with seasonal rankings and rewards based on performance. In addition, the Quidditch Race is a daily event where players vote using $xWIZZ tokens for their favorite wizard, with winners sharing the prize pool. Random events, such as Screaming Chicken encounters, provide further resource-based incentives.
$xWIZZ Tokens and Currency
The in-game currency, WIZZ, launched on the Berachain mainnet and will eventually support cross-chain transfers. The total supply is 1.8 billion, with a circulating amount of 423 million. WIZZ serves multiple purposes in the game, including gameplay transactions, staking, and rewards distribution.
Mining Pool 2.0 adds a DeFi component for players who reach statue level 30. Users can stake xWIZZ tokens to earn rewards calculated from a combination of base APR, boost APR, and prosperity APR. The system offers an annual yield of up to 500% depending on staked tokens and total island prosperity.
The token allocation emphasizes player rewards, with 70% dedicated to in-game incentives, 15% for ecosystem growth, and smaller portions allocated to team development, advisors, liquidity, and lending pool functions.
Final Thoughts
The $10 million Series A funding positions Wizzwoods to continue developing its cross-chain web3 game while maintaining a live and evolving token economy. The team plans to focus on scaling the game’s systems, refining competitive features, and expanding cross-chain integration. With active gameplay elements such as Arena PvP, Mining Pool 2.0, wizard upgrades, and live events, Wizzwoods aims to sustain long-term engagement and growth in the web3 gaming market.
Frequently Asked Questions (FAQs)
What is Wizzwoods?
Wizzwoods is a cross-chain idle farming game where players manage wizard islands, farm resources, complete quests, and participate in competitive events. The game integrates NFTs and a live token economy.
Who invested in Wizzwoods’ Series A?
The $10 million Series A round was led by Animoca Brands and Infinity Ventures Crypto (IVC), with additional support from angel investors.
What platforms is Wizzwoods available on?
Wizzwoods can be played through Telegram Mini-apps and X extensions, enabling social integration and community-based quests.
How does the WIZZ token work?
WIZZ is the main in-game currency used for transactions, staking, rewards, and cross-chain trading. It launched on Berachain and will eventually support broader cross-chain functionality.
What are the main competitive features in Wizzwoods?
Players can compete in the Wizarding Arena for ranked PvP battles and participate in the Quidditch Race, which allows token-based voting to determine winners.
How does Mining Pool 2.0 work?
Mining Pool 2.0 allows players with statue level 30 islands to stake xWIZZ tokens and earn rewards based on base APR, boost APR, and island prosperity, with a potential annual yield of up to 500%.
What is the significance of the $10 million funding?
The investment provides resources to scale gameplay systems, expand cross-chain support, refine competitive features, and strengthen the Wizzwoods ecosystem in the web3 gaming sector.
