John Smedley Raises $30.5M For New Game On Etherlink

Share via:


John Smedley, a gaming industry veteran and former CEO of Daybreak Game Company (formerly Sony Online Entertainment), is making his first foray into Web3 gaming with a new AAA shooter featuring Tezos layer-2 (L2) blockchain Etherlink.

The Smedley-led Distinct Possibility Studios (DPS) has raised $30.5 million in a funding round led by the gaming-focused venture capital firm Bitkraft and the European hedge fund management company Brevan Howard, according to a statement shared with Cointelegraph on Thursday.

The funds will be used to develop its new…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

John Smedley Raises $30.5M For New Game On Etherlink


John Smedley, a gaming industry veteran and former CEO of Daybreak Game Company (formerly Sony Online Entertainment), is making his first foray into Web3 gaming with a new AAA shooter featuring Tezos layer-2 (L2) blockchain Etherlink.

The Smedley-led Distinct Possibility Studios (DPS) has raised $30.5 million in a funding round led by the gaming-focused venture capital firm Bitkraft and the European hedge fund management company Brevan Howard, according to a statement shared with Cointelegraph on Thursday.

The funds will be used to develop its new…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Manaksia Coated Metals & Industries Undertakes Upgradation, Capacity Expansion...

Mumbai (Maharashtra) , December 24: Manaksia Coated Metals...

Creators turn micro companions; Test-prep sector’s challenging year

Happy Thursday and Merry Christmas! The creator economy...

Outlook 2026 | How PropTech is going to outrun...

Despite digitised land records under the Digital India...

Popular