Horizon Blockchain Games has announced a $40 million revenue from Series A funding. The company plans to use this capital to enhance and expand the content of its popular card game Skyweaver. Horizon will also work on its all-in-one developer platform and smart wallet Sequence, along with creating a new semi-fungible token (SFT) marketplace named Niftyswap.
Related: Horizon Blockchain Games raises $4.5 million to improve blockchain ecosystem
Brevan Howard Digital and Morgan Creek Digital led the investment round as many prominent names in tech and gaming chimed in, such as Take-Two Interactive Polygon, Ubisoft, and Xsolla.
There were also private investors who took part in the funding: Shopify’s CEO Tobias Lütke, The Sandbox’s Co-founder Sebastien Borget, and Sky Mavis and Axie Infinity Co-founder Aleks Larsen among others.
Peter Kieltyka, Horizon Co-Founder and CEO, shared thoughts about the company’s future plans:
“At Horizon, we have a long-term vision for the future of Web3 and are carefully building complementary products to support the ecosystem. Our Series A allows us to grow the Sequence ecosystem by attracting more builders to our platform via marketing, community, and partnership initiatives. We also have big plans to expand the content and community features for our game Skyweaver and launch Niftyswap, a decentralized marketplace that makes exchanging SFTs easy and secure.”
The company states that its all-in-one platform, Sequence, is an easy-to-use building tool for developers, even ones that are not experienced with Web3. Sequence’s built-in smart wallet reportedly has over 675,000 users and counting.
Horizon also announced Niftyswap, a decentralized marketplace for Web3 collectible trading. The company’s aim is to make Niftyswap the go-to place for all Web3 trading purposes. A group of external testers from the Web3 community was given access to Niftyswap this fall.
