Thursday, July 25, 2024

Eyeball Video games raises $1.5M for blockchain pool recreation

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Eyeball Video games has raised $1.5 million in pre-seed funding to develop its upcoming cellular recreation, Eyeball Pool.

Singapore-based Eyeball Video games mentioned the funding spherical was led by White Star Capital, which invested from its Ubisoft-backed Digital Asset Fund, and included participation from Polygon Ventures, Immutable, Ocular, Nice South Gate Ventures, and outstanding angel traders.

Eyeball Pool is a modernized pool recreation expertise that comes with Web3 parts to reinforce the person expertise, together with full possession of property. The sport is being developed by the creators of 8 Ball Pool, the world’s hottest pool recreation for cellular units with over one billion downloads.

Eyeball Video games plans to launch Eyeball Pool in phases, beginning with a closed beta take a look at on the net completely for holders of the sport’s non-fungible tokens (NFTs). The total launch of the sport on cellular is deliberate for the primary quarter of 2024, after which the NFTs will convert into recreation starter packs with unique and distinctive objects for the sport.

Hitting the ball in Eyeball Pool.

The sport will first launch on Polygon x Immutable zkEVM chain, a platform constructed particularly for video games, the place will probably be one of many first featured initiatives. Eyeball Pool efficiently accomplished a 30-minute sellout mint of 4,001 genesis NFTs known as Balldroids in January 2023, however those that missed out can have one other shot. A white record for the Eyeball Pool expanded NFT collection will open quickly.

“We’re delighted to realize the backing of prestigious traders for our first spherical of funding. We stay up for tapping into their information and assist to construct a world-class recreation that offers gamers true possession of their property and pioneers a brand new strategy to valuation creation,” mentioned Jonathan Ivarsson, Eyeball Video games CEO, in an announcement.

White Star Capital’s normal associate, Eddie Lee, mentioned in an announcement, “We consider that Web3 has a lot potential to enhance gameplay expertise past what’s potential at the moment. We’re excited to associate with the Eyeball staff and create a recreation that can be loved by hundreds of thousands of individuals at some point.”

The Unique 8 Ball Pool creators are Karsten Niemer and Thomas Elgaard and so they labored with Jonathan Ivarsson, founding father of Eyeball Video games on the brand new recreation. The staff got here collectively on a imaginative and prescient for a blockchain-based challenger to eight Ball Pool, which supplies avid gamers full possession of their property as a part of a cutting-edge gameplay.

Hoping to repeat its success in pool a decade in the past, Eyeball Video games designed Eyeball Pool from the bottom up with its personal physics engine and graphics. It has a player-vs-player mode and a spread of event modes which embody an AI skill-matching engine.

Eyeball Video games has 13 staff and the latest entity was based in July 2022.

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