Animoca Brands Leads $32M Funding Round for Planetarium Labs

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Animoca Brands Leads $32M Funding Round for Planetarium Labs
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.animocabrands led the $32 million funding round for planetariumhq, which is developing a community-driven Web3 gaming ecosystem. BrandyBetz reports

Planetarium Labs, which is building a community-driven Web3 game network, has raised $32 million in a Series A funding round led by Animoca Brands.

Other investors in the round included Samsung Next and Planetarium partners Krust Universe, the investment arm of South Korean tech giant Kakao, and WeMade, the publisher of play-to-earn game Mir4. “Instead of multiple games sharing a single network, each game runs its application-specific blockchain network and has the freedom to design its governance and customize tokenomics, such as enabling free-to-play,” Seo said. “Afterwards, the players and the gaming community can operate a decentralized network powering each game.”

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