In its personal bid to develop into referred to as the ‘Pixar of Web3’, blockchain gaming studio Cauldron has introduced that it’s secured over $6.6 million in funding. Funding was led by Cherry Ventures, with follow-up participation from Seedcamp, Cassius and Playfair.
The announcement got here after additionally managing to boost $1.4 million throughout a pre-seed fund spherical roughly six months in the past. To perform its targets, the funding will likely be used to employees up on creatives from each the gaming and movie worlds.
Whereas it does sound like a lofty aim, Pixar is an attention-grabbing level of reference, as narrative-driven tales are a extra vacant house in Net 3, in response to Mark Warrick – Cauldron’s Founder and CEO talked about throughout his TechCrunch interview. “A giant bit lacking from Web3 gaming is storytelling … folks aren’t actually coming again as a result of there isn’t a motive to return again[.]”.
This deal with storytelling makes up the crux of Venture Nightshade and the event of three distinct digital worlds – every with their thematic aesthetics.
Study extra about Cauldron by visiting the web site.
