Acid Labs has raised $8 million in funding for its immediately playable Web3 video games on social messaging platforms.
The corporate’s mission is to construct viral instantaneous video games the place individuals already join. The studio already has a breakout hit in Boinkers.io, which has 11.5 million month-to-month gamers on Telegram. The corporate says that reveals the huge potential of chat-integrated gaming.
A16z Speedrun and NFX led the spherical, with participation from Fusion VC, and prime gaming executives. Jonn Weinberg is the CEO of Acid Labs. He’s a serial entrepreneur centered on gaming. During the last decade he based and led a number of firms that raked hundreds of thousands in revenues and entertained hundreds of thousands of avid gamers worldwide, the corporate stated.
With extra video games on the way in which, Acid Labs is doubling down on creating seamless, social-first gaming experiences. The flagship recreation, Boinkers.io, is a social parody recreation on Telegram—full of meme tradition, absurd humor, and chaotic enjoyable, the corporate stated.
I’m undecided what the sport is all about, but it surely took me some time to discover a “safe for work” picture that wasn’t tremendous foolish whereas scrolling via the corporate’s Twitter feed for the sport. The sport courts low-brow humor and it has lots of meme social posts. Boinkers is an off-the-cuff tap-to-earn Telegram recreation.
Boinkers.io is a well-liked recreation from Acid Labs.
“Chat-based games are set to dominate global playtime. We’re thrilled to be backed by the best in the industry. A16z speedrun backs founders pushing the limits of tech and entertainment, and NFX is behind some of the most successful gaming companies in the world,” stated Acid Labs in a press release.
Josh Lu, accomplice at a16z Video games, stated in a press release, “Chat super apps have some of the strongest network effects in all of tech and a natural fit for game experiences designed to be played with friends. Acid Labs has tapped into a massive market where people already connect, creating viral loops that fuel organic growth.”
NFX shares this imaginative and prescient. Gigi Levy-Weiss, basic accomplice at NFX, stated in a press release, “Winning in gaming takes more than just great ideas—it requires a team that can execute with speed and precision. Acid Labs has already built one of the fastest-growing social gaming hits, proving they have the vision and expertise to shape what comes next.”
The corporate is led by a confirmed crew of serial entrepreneurs whose first enterprise delivered over $250 million in income, with their earlier firm acquired in 2021.
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