Cradles Closes $5M Funding Round

DRepublic

DRepublic, the George Town, Cayman Islands-based developer of the upcoming 3A Blockchain game Cradles: Origin of Species, a George Town, Cayman Island-based 3A Blockchain game developer, raised $5M in funding.

The round was led by Animoca Brands, with participation from Huobi Ventures, Mirana Ventures, Folius Ventures, Everse Capital, and other tech VC participants.

The company intends to use the funds to continue to progress in terms of development, to be precede by a mini-game already close to release. 

The vision of DRepublic, the foundation behind Cradles, is to allow users to experience a world that taps into blockchain’s capacity to create a living, breathing economy completely reliant on mass player interactions. Cradles: Origin of Species features a breakthrough concept in gaming called Dynamic Metaverse. This is achieved via a new token protocol, EIP3664, which will also introduce a feature to allow players to formulate their own custom NFTs with components of items, accessories, putting together and taking apart as they wish for endless playability. 

FinSMEs

14/03/2022