Game studio Overworld raises $10M to create new RPG realm

9 months ago 36
ARTICLE AD

Overworld gives players the option to own assets, enhancing the gaming experience without compromising the game mechanics.

Overworld, the multiplayer RPG game studio, has successfully closed a seed funding round of $10 million. The investment was led by Hashed, with contributions from The Spartan Group, Sanctor Capital, and Galaxy Interactive.

Overworld is a third-person 3D action role-playing game developed using Unreal Engine 5. It promises to unite players in a high fantasy universe infused with anime aesthetics and a compelling narrative that balances epic adventures with relatable day-to-day interactions.

Overworld aims to offer a gaming experience that rivals top-tier RPGs in terms of game design and visual quality. It incorporates player ownership seamlessly and optionally, enhancing the gaming experience without making it the cornerstone of the game’s design.

The studio is currently working on an Alpha build compatible with current-gen consoles, PCs, and mobile devices.

Jeremy Horn, co-founder of blockchain game publisher Xterio, oversees the development of Overworld. Horn brings a wealth of experience from his extensive career in the gaming, technology, and entertainment sectors.

Horn commented on the studio’s vision, stating, “The massive scale of Overworld represents the scale of our ambitions as a game studio. In just one year, we’ve seen our player community embrace our first collection of digital collectibles, and we are excited to build out even more of this novel world.”

The recent NFT collection from Overworld, “Overworld Incarna,” has achieved significant success in 2023, ranking in the top ten traded collections for over five weeks and maintaining its position as one of the most traded game-themed collections.

The development team includes industry veterans from Epic, EA, Sony, Bioware, Jam City, and Ubisoft.

Disclosure: Some investors in Crypto Briefing are also investors in Sanctor Capital.

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by HAL, our proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Read Entire Article