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Expert Collections containing N3twork
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
N3twork is included in 1 Expert Collection, including Gaming.
Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.
Latest N3twork News
May 19, 2022
Posted On: In order to produce high-quality blockchain games, N3twork Studios has received $46 million in investment. KIP, Floodgate, LLL Capital, and N3twork Inc. joined Kleiner Perkins, Galaxy Interactive, KIP, and Griffin Gaming Partners in the funding round. After Forte bought N3twork Inc., Griffin Gaming Partners’ Peter Levin will be joining the board of directors of the studio. The studio’s first two blockchain games, Legendary: Heroes Unchained and Triumph, will benefit from the financing. “We’re a group of passionate veteran game makers who see a generational opportunity to leverage our expertise building and operating free-to-play games to create authentic web3 experiences that can reach audiences of millions of players,” Matt Ricchetti, president of N3twork Studios, in a statement. A future in which game economies are more open and players control the things they earn and buy is something we hope for. When it comes time for us to get there, we must extend the core crypto gaming community and demonstrate that web3 is a clear value add for mobile free-to-play audiences,” he says. After Forte’s purchase of the N3twork platform in January 2022, the games team of N3twork Inc . founded N3twork Studios. They’ve got more than 60 industry veterans that have designed and run successful live service games from businesses including EA (Kabam), Zynga (Glu), GREE (SCOPELY), Machine Zone (Warner Brothers), and Disney (Warner Brothers). N3twork Studios’ expertise with free-to-play games will be an important asset in shifting the scope of the influence on the audience. It is hoped that the company’s skills can be used to grow the crypto gaming audience and produce experiences that demonstrate to the world’s biggest game audiences that web3 will benefit gamers of all sorts. N3twork is teaming with Forte, a renowned blockchain technology solutions firm, to power its games and economies. In a statement, Griffin Gaming Partners managing director Levin said, “Web3 is a paradigm shift and will be a massive games market expander.” Mobile games and free-to-play changed the gaming landscape years ago, and the imaginative minds that led that shift are best positioned to apply the innovative thinking required to change the way we play again.. We are certain that N3twork Studios has the track record and expertise to reach its full potential. Crypto native games and a combination of free-to-play and web3 games are being developed by N3twork Studios. One of the most popular video games in the world, Legendary: Heroes Unchained, is an RPG based on the Legendary: Game of Heroes intellectual property. That game will be built from the ground up in partnership with its community. For the mainstream market, Triumph will be a sophisticated yet accessible real-time multiplayer RPG, with a novel economy that provides a combination of free-to-play and web3 gameplay. N3twork Studios’ investment round was handled by LionTree, which was the only financial adviser.
N3twork Frequently Asked Questions (FAQ)
Where is N3twork's headquarters?
N3twork's headquarters is located at 512 2nd Street, San Francisco.
What is N3twork's latest funding round?
N3twork's latest funding round is Series C.
How much did N3twork raise?
N3twork raised a total of $52M.
Who are the investors of N3twork?
Investors of N3twork include Kleiner Perkins Caufield & Byers, Griffin Gaming Partners, Ocean Road, Korea Investment Partners, Galaxy Digital and 7 more.
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