Alexis Ohanian’s Company Initialized Leads Horizon Blockchain Game’s Seed Funding Round

It has recently been reported that Horizon Blockchain Games,  video game studio and blockchain infrastructure company, based out of Toronto, Canada raised $3.75m in seed funding. The round was led by Initialized, Reddit co-founder Alexis Ohanian’s venture fund, and saw participation from Golden Ventures, Coinbase, Polychain, Digital Currency Group, and Inovia Capital.

Horizon Blockchain Games, which was founded in 2018 by CEO Peter Kieltyka, is a video game studio and blockchain infrastructure company all set to enter open beta with its debut title, SkyWeaver, a digital card game, in Fall 2019, along with its crypto-arcade platform and wallet, Arcadeum.

SkyWeaver, which is a free-to-play game, enables players to win cards by competing and ascending the ranks of its worldwide leaderboard. Players can thereafter play with, trade, give away, or sell their cards on the Ethereum network, for real-world value. SkyWeaver will allow cross-platform play and will also be launching with more than 300 cards and offer players, playstyle classes, to choose from called Prisms.
Blockchain video game network Arcadeum, the Crypto Arcade, is built on the Ethereum network and will provide players with secure wallets to store their SkyWeaver assets in addition to holdings from other blockchain games.

Arcadeum which also serves as a browser for players to enter the new Web and discover all Ethereum-based applications, ranging from video games to marketplaces will through its open-source platform, offer third-party developers the opportunity to bring their blockchain games to the new Web.