Get the latest tech news
Hypersonic Laboratories raises $7M for sandbox UGC gaming platform
Hypersonic Laboratories has raised $7 million in funding for a multiplayer role-playing sandbox platform for user-generated content (UGC).
“We’ve followed Jack (Maker) and his team closely since their earliest days and have increasingly been amazed by their big vision and ability to execute,” said Kenrick Drijkoningen, general partner at Play Ventures, in a statement. Now, Kim and his team are several years into building their dream open-world sandbox game, Helix, which allows anyone to easily create, share, and play mods and servers. Initially launched as a Web3 product with an in-game economy powered by an NFT marketplace, Helix has recently shifted to a traditional Web2 platform, completely removing any use of blockchain technology and NFTs.
Or read this on Venture Beat