LootRush raises $12 million to make blockchain games easier to play

LootRush, a platform that goals to enhance person entry to blockchain video games, has raised $12 million in seed funding.

The spherical was led by crypto VC agency Paradigm, with participation from Andreessen Horowitz. Different backers embrace Y Combinator, Brex founders, and angel buyers just like the founders of Axie Infinity, Plaid, Wildlife Studios, Dapper Labs, The Chainsmokers, and Vivi Nevo.

LootRush is making an attempt to handle three issues that sport builders face when making an attempt to get video games to achieve mass adoption, in response to its founders: they’re costly, time-consuming to start out enjoying, and exhausting to arrange.

“My group’s mission was to get rid of all the tiresome boundaries of entry that may take hours for gamers simply to play nice video games,” mentioned LootRush CEO Anderson Ferminiano in a blog post announcing the funding round. “What if enjoying a sport with Net 3 expertise was as simple as enjoying a sport on Steam or Cell Sport?”

LootRush focuses on making blockchain video games “as simple as a few clicks” to start out enjoying. A participant chooses a sport, selects NFTs, and begins the sport. It additionally focuses on reducing down the time to start out enjoying from “just a few hours to some minutes” and goals to make NFTs obtainable at a decrease value.