Autoverse Studios, developer of upcoming Web3 Drag Racing Recreation Auto Legends, secured a $1 million funding from Coinbase Ventures, and has been added to the corporate that beforehand raised $8 million.

Auto Legends is designed to mix blockchain know-how with the aggressive world of drag racing with licensed autos and customization choices. Because the gaming trade more and more explores blockchain integration, this funding highlights the rising curiosity in Web3 video games.

The brand new fund might help sport growth and increasing the Auto Legends ecosystem.

What’s Auto Legend?

Auto Legends is a blockchain-based drag racing sport that permits gamers to personal and commerce digital property.

The sport options licensed autos from producers similar to McLaren, Mitsubishi, Honda and Mazda, offering an expertise tailor-made to automotive lovers. Gamers begin with a fundamental automotive, compete in drag racing, and use licensed elements and tuning choices to alter the car to enhance efficiency.

The sport is at present in closed beta and may be signed up from the Epic Video games retailer for Home windows and Mac. The cellular model can also be below growth, with plans for a broader launch on the finish of the yr.

What’s subsequent for Auto Legends?

The funding follows latest hiring efforts by auto-stopping Studios, together with the addition of veteran sport developer Scott Probin. His in depth expertise within the trade suggests driving the best way conventional sport audiences make automated legends extra accessible.

Moreover, Auto Legends is anticipated to proceed enhancing gameplay and increasing its participant base. The corporate has introduced plans for the primary NFT Mint for Magic Eden, offering in-game property for early adopters. Group involvement through the official Discord server can also be a precedence, with the most recent info shared on growth and future releases.

With help from famend traders and trade consultants, the mission will make additional bulletins on growth progress and partnerships within the coming months.