Acquisition & Partnership
Elixir Games, a prominent name in the Web3 gaming industry backed by Square Enix, has acquired RoboKiden, an IP developed by Breach Studios. This acquisition aligns with Elixir’s mission to expand its premium gaming portfolio. The partnership with Ava Labs will leverage Avalanche’s scalable infrastructure to ensure a seamless gaming experience.
Key Details:
- RoboKiden: An upcoming free online third-person party shooter.
- Platforms: Windows, PS5, Xbox, and Nintendo Switch.
- Setting: A whimsical battle arena with colorful characters and towering robots.
- Gameplay: Team-based battles combining chaotic fun with strategic elements.
Carlos Roldan, CEO of Elixir Games, expressed excitement about this acquisition: “Our goal at Elixir has always been to bring engaging and innovative IPs to our platform, which is why we’re incredibly excited to bring RoboKiden to our community.”
Funding & Future Prospects
- Seed Funding: $14 million raised, with contributions from the Solana Foundation, NeoTokyo, and CyberKongz.
- Elixir Season Pass: RoboKiden will be a featured game in the Elixir Season Pass, offering a prize pool of over $1 million.
- Player Engagement: Future seasons will continue offering generous rewards, fostering player engagement and loyalty.
Parker Heath, Senior Gaming BD at Ava Labs, stated: “Combining our expertise in Web3 infrastructure with Elixir’s platform will deliver an unparalleled gaming experience, empowering players with true ownership of in-game assets and potential player-driven economies.”
About Elixir Games
Elixir Games focuses on developing Web3 gaming infrastructure and offers white-label solutions for enterprises. By acquiring indie game studios, Elixir Games supports and nurtures creative talent, reinforcing its leadership in the gaming sector.
About Avalanche and Ava Labs
Avalanche is a scalable smart contracts platform known for its fast transaction finalization. Ava Labs, founded by Cornell computer scientists, simplifies the deployment of high-performance Web3 solutions on Avalanche.
Also Read: Crucial Updates On Avalanche & Solana Price Prediction 2024
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