ADVERTISEMENT

cryptocurrency

Web3 Games Company Midnight, led by ex-SoundCloud and Disney Executive, emerges from stealth with $7.5 million seed funding – NFTgators

ADVERTISEMENT

hurry:

  • The company’s executive team includes Chris Heatherly, former vice president of games for NBCUniversal and former general manager of Disney Mobile Games.
  • Midnight Games comes with a Web3 based “Forging” system.
  • The company is exploring new ways to integrate NFTs into classic experiences.

Web3 game company Midnight emerged from stealth today with a $7.5 million round of funding in a seed round led by Shima Capital. Prominent blockchain gaming investors including Forte, Snackclub, Overwolf, founder of gaming company Illuvium and investor Woodstock Fund, FJ Labs, Bixin Ventures and others also participated in the round.

Founded in 2021, the company is led by CEO Steve Wade, a gaming development entrepreneur and executive publisher and video game developer. They have launched 45 online games, four gaming payment solutions and eight game portals.

Former SoundCloud CTO, Steven Spagnolo, also co-founded Midnight. He has over 30 years of experience in the games industry and has led two studios from bootstrap to exit as CEO and CTO for web, mobile, console and PC. Prior to joining SoundCloud, he was senior director of technology for mobile game company King and founder of Blue Tongue Entertainment (acquired by THQ) and free-to-play games studio Twitch (acquired by Gree).

Midnight’s C-suite also features chief creative officer Bill Roper, who was a game designer for Diablo, Warcraft, and StarCraft. Roper previously led the Marvel Games franchise and previously served as chief creative officer at Improbable.

The executive team includes acting Chief Product Officer Chris Heatherley, former Executive Vice President of Games for NBCUniversal and former General Manager of Disney Mobile Games. He has helped turn Disney, Pixar, Marvel, Star Wars, and Jurassic World into multi-billion dollar franchises.

Also read  Fashion newness helps record sales for Urban Outfitters

Geoffrey Hunt, head of game design, is also part of the executive team. he commercially successful games like Star Trek: Fleet Command And War Games: Age of Fire,

The core team also includes art director Darren Pattenden, who has held art leadership roles at EA, Trion Worlds, Manticore, and 2K Games; and acting CMO Anthony Gabriel, most recently SoundCloud chief and general manager of marketing and director of subscription marketing for Apple’s media and entertainment businesses.

The company is on a mission to create games with “eternal stories” and never-ending experiences that keep players coming back. Wade told Games Beat that Midnight Web3 is making a free-to-play game with a “foraging” system that creates interoperability and a robust game economy. It targets a wide audience with and without crypto experience.

Wade told Games: “While others are betting that bogus ‘ownership’ and the economics associated with it will drive people to boring NFT-driven games, we firmly believe that participation and a secondary market can make sense and help inform players’ stories. narrate.” should be added.” loss. “Our games are designed to be fun without the NFT layer, and we target a wide range of gamers. It shouldn’t matter if someone is crypto-native or not – they can find something for them at midnight. Will find it.”

Midnight now has 60 employees working on four titles, including Legion, a 4X (Explore, Expand, Exploit, Exterminate) MMO; Next Protectors, a 2D pixel fighter; And at your service, a couch co-op title.

The company currently focuses on PC and console games, with mobile games coming later. It also adds a blockchain and NFT layer to games if needed.

Also read  Ethereum price is recovering, but the bears are not out of the woods yet

,

Sign Up To Binance, the world’s largest crypto exchange, to buy and sell cryptocurrencies.

stay informed:

Source: news.google.com

ADVERTISEMENT

ADVERTISEMENT

Leave a Comment