Blockchain is the technological revolution that is sweeping the planet, but most people have no idea what it is, let alone how it will impact their daily lives. The first thing to understand is that it is an open protocol that allows for the recording and verification of transactions on a decentralized ledger. This ledger has no central database, but rather is copied and shared amongst all the users on the network. This means that the blockchain is a decentralized and transparent ledger that cannot be edited or altered by any single user. The blockchain’s security is based on a combination of cryptography and a complex system of nodes, or entities that help keep the network running smoothly.
If you’re on the web, chances are you’ve already heard of blockchain. This is a term for a new way to transact online, and it’s already been used in everything from bitcoin to music. The blockchain is a vast system that records every transaction in a way that’s completely transparent and verifiable. Sounds like the perfect way to do business, right? It is, if you’re working with the right partners.
Horizon Blockchain Games recently closed a $1.1 million seed round from a group of investors, and what’s most exciting about their investment strategy is that they’re targeting an area that’s still very much in its infancy: Web3 adoption.. Read more about web 3 and let us know what you think.
Horizon Blockchain Games has received $4.5 million in a pre-series A financing SAFE from strategic gaming and blocking investors, according to the company. Horizon Blockchain Games is a video game developer as well as an Ethereum Web3 wallet and platform. BITKRAFT Ventures, CMT Digital, The Xchange Company, Khaled Verjee, and Zyshan Kaba are among the blockchain investors that contributed to the financing.
Horizon CEO Peter Kieltyka commented on the successful fundraising, saying:
As we increase the use of Ethereum and blockchain technology, this year will be a watershed moment for Horizon Blockchain Games. Blockchain is made easy, entertaining, and accessible for ordinary people with our Sequence crypto and NFT wallet, as well as our game Skyweaver. We’re ecstatic to release both products this year, allowing practically everyone with an Internet connection to participate in and profit from the decentralized web, the next generation of the Internet.
Horizon is now assisting in the unification of Ethereum and Ethereum-capable blockchains by providing end users with a game and a user-friendly wallet to access Web3. It also gives developers the tools they need to create the future of a fully decentralized internet. It will debut its wallet and developer platform Sequence as part of Ubisoft’s Entrepreneurs Lab Season 6 program.
BITKRAFT Ventures Partner Moritz Baier-Lentz added:
We think that gaming and blockchain technology are a natural fit: as virtual worlds like as video games evolve into their own social economies, gamers are growing more concerned about their digital identity, assets, and a level playing field for both players and producers. Horizon Blockchain Games’ extremely creative and respected team has not only developed a fun-to-play play-to-earn game, but also a really amazing piece of technology with its Web3 wallet Sequence. We think that this system has the potential to become the industry standard for gamers and blockchain developers, all as the real-world advantages of digital ownership expand.
Colleen Sullivan, CMT Digital’s CEO, went on to say:
Colleen Sullivan, CEO of CMT Digital, stated, “We initially became fascinated with Skyweaver in 2019 and became even more thrilled when we heard about the concept for Sequence.” “We love working with Horizon because they’re positioned to make Web3 and Ethereum accessible and entertaining for practically anybody with an Internet connection.
In addition to Sequence, Horizon will develop Skyweaver, a genre-bending digital trading card game, in 2021. The game seeks to change the digital card game environment by allowing users to purchase and play-to-own NFT cards, as well as sell, trade, and buy these cards. Players will conduct all transactions via the game’s peer-to-peer decentralized marketplace, which will link the player’s wallet, where all digital goods will be kept, smoothly.
The aim of Horizon Blockchain Games is to make blockchain simple, enjoyable, and powerful for both consumers and developers.
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