Arbitrum

Million

London, UK, January 18th, 2024, Chainwire
 
AOFverse, an unstoppable force in the mobile gaming industry, is proud to announce the successful conclusion of a $3 million private funding round. This funding initiative, led by Animoca Ventures, follows on the heels of AOFverse’s grant funding from <a href="https://arbitrum.foundation/" rel="nofollow noopener" target="_blank">The Arbitrum Foundation</a>.
The $3 million funding initiative marks yet another significant milestone for AOFverse, providing a substantial boost to the studio’s expansion plans and solidifying its position as a key player in the web3 mobile gaming industry. The round was led by Animoca and included additional investments from Liquid X Ventures, Chainridge VC, Ticker Capital, Flying Falcon, and BSCN Gaming Ventures.
<h2 id="another-win-for-aofverse">Another Win for AOFverse&nbsp;</h2>
For AOF, it’s more than just offering new gaming features. AOF emphasizes that deep social connections through gaming are the first step toward mass adoption of Web3 technology. The London-based studio is gearing up for the global launch of its PvP game Army Of Tactics, which has garnered over 1 million downloads since its soft launch in October 2023.&nbsp;
Moreover, the studio hopes to launch its flagship game, Army Of Fortune, later this year which is set to be a genre-defining PvP game.
The AOFverse ecosystem relies on a strong player base that forms a tight-knit community with token-based incentives to reward players introducing others to the ecosystem. These incentives form the foundation of the whole ecosystem and reward players for their competitive spirit inside the game.&nbsp;
A primary motivator for this funding round was to execute full throttle on their roadmap initiatives to be the go-to mobile gaming ecosystem in web3.&nbsp;
<h2 id="about-aofverse">About AOFverse&nbsp;</h2>
<a href="https://aofverse.com/" rel="nofollow noopener" target="_blank">AOFverse</a> is a mobile gaming studio with a focus on Web3 integrations and a globally loved IP. With over 4 million TikTok followers, the studio is most recognized for gaming hits like Army Tactics.
<h2 id="about-animoca-ventures">About Animoca Ventures</h2>
Animoca Ventures is the venture investment arm of Animoca Brands, a global leader in digital entertainment, blockchain, and gamification.&nbsp;
Animoca Ventures specializes in early-stage investments in Web3 and blockchain companies and projects.&nbsp;
It serves as the pulse of Animoca Group, working at the front lines to discover new cutting-edge projects and trends in the Web3 space.
<a href="https://twitter.com/AOFverse?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow noopener" target="_blank">Twitter</a> | <a href="https://www.instagram.com/aofverseofficial/" rel="nofollow noopener" target="_blank">Instagram</a> | <a href="https://discord.com/invite/aofverse" rel="nofollow noopener" target="_blank">Discord</a>&nbsp;
 
<h5>Contact</h5>COO Jamie Kingsley The PR Genius j.kingsley@theprgenius.com 
 
 
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AOFverse Secures $3 Million in Private Funding Round Led by Animoca Ventures (18 Jan)

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