A screenshot from Shrapnel. Photo: Courtesy of Neon Machine
Gaming developer Neon Machine raised $20 million in a Series A round that will go toward the launch of the blockchain-based first-person shooter game, Shrapnel, CEO Mark Long tells Axios.
Why it matters: It's a rare funding round for a web3 game following the "crypto winter" that saw blockchain-based technologies fall out of favor with investors.