Gamer’s Gold: Beamable Bags $13.5M!

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“Gamer’s Gold: Beamable Bags $13.5M!”

Gamer’s Gold: Beamable Bags $13.5M!

Well, well, well, what do we have here? The Beamable Network, aiming for the stars as one of the top 10 DePIN projects globally, has just hit the jackpot with $13.5 million in Series A funding. And who’s leading this cash caravan? None other than the gaming-focused investment wizards at BITKRAFT Ventures. They’re not alone, though. A whole crew of financiers, including Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, Grand banks Capital, and Permit Ventures, are along for the ride. Jon Radoff, the CEO and Co-Founder of Beamable Inc, boasts, “By tapping into our existing platform’s success and throwing decentralized principles into the mix, we’re ushering in a new era of scalability and inclusivity for developers,” 🚀

This cash bonanza is set to fuel the expansion of the Beamble Network. And just last month, on 27 Jan, they announced the birth of the Beamble Foundation, promising to revolutionize the gaming industry with open-source tech and the Decentralized Physical Infrastructure Network (DePIN). Watch out, world! 🌍

Beamable: The DePIN Gaming Revolutionaries

The Knight in Shining Armor for Centralised Gaming Woes

Centralised gaming is stuck in a rut with high infrastructure costs, server crashes (Fortnite and Apex Legends, we’re looking at you!), privacy & data control issues, and the ever-looming threat of censorship & platform control. But fear not! DePIN networks are here to save the day by distributing game server workloads across multiple nodes, slashing the chances of server crashes and downtime. And guess what? Blockchain-based identity systems let gamers dive into gaming services without revealing their personal info. Plus, players can earn crypto rewards directly, no third-party cuts! The decentralized infrastructure empowers players and developers, speeding up the gaming industry’s transformation. 🎮

But wait, there’s more! Apart from Beamable, there are other DePIN projects leading the charge in gaming transformation:

  • Filecoin (FIL) – Decentralized game asset storage
  • Arweave (AR) – Permanent game data storage
  • Livepeer (LPT) – Decentralized video streaming for gaming content
  • Theta Network (THETA) – Peer-to-peer game streaming rewards
  • Beamable – Open-source backend for multiplayer games
  • Xai Network – Blockchain gaming infrastructure for Play-to-Earn
  • GameSwift – Decentralized gaming ecosystem

And the DePIN magic doesn’t stop at gaming. It’s making waves in other areas too, like Helium transforming Wireless IoT & 5G Networks, Filecoin revolutionizing decentralized storage, and Render

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2025-02-06 08:59