If recent studio funding announcements are an indication, veteran video game developers are flooding into the blockchain space. Here’s another. Block Tackle, a startup, announced today that it raised $5 million in order to develop SkateX, a Solana-based skating game. It is partnered with an experienced team of developers.
Play Ventures and Cadenza Ventures led the $5 million seed round. A number of other prominent investors participated in the seed round, including Solana Ventures and Coinbase Ventures. Solana Ventures is a leading metaverse investor Animoca Brands. Kevin Lin, co-founder of Twitch, was also involved.
Block Tackle, a new HTML3 gaming platform, was co-founded in 2013 by Ben Topkins, Rob Oshima and Rob Oshima who had previously worked at Kabam, a mobile gaming company. This 13-member team includes former employees of Electronic Arts and Roblox, Lucasfilms, Supercell, Lucasfilms, Roblox, Lucasfilms, and Supercell.
The co-founders of Kingdoms of Camelot saw that players would spend countless hours and money on games, but they had no way to sell it or make it profitable. They could always move on to another game, but they would start over from zero if they did.
Developers are able to capture all the value of those games. Users can either sell their NFT assets, or use them in another game or metaverse world. An NFT is a deed to ownership of a digital item that can include artwork and profile photos.
Topkins stated that he saw the potential for players to take part in shaping communities and also creating value through play. He told decrypt. “We wanted to be there early and make great games with blockchain tech.
Block Tackle is creating SkateX, a NFT-driven skateboarding video game. It is built on the Solana Blockchain. SkateX will be offering unique skateboards that are NFT collectibles. These can be purchased and sold by players. It will also allow NFT owners to join the community, potentially influencing the game.