In a significant move for the Web3 gaming landscape, industry veteran John Smedley has announced that his studio has successfully raised $30.5 million for an ambitious new project: a AAA shooter built on the Tezos layer-2 blockchain, Etherlink. This marks Smedley’s first venture into the blockchain gaming space, signaling a pivotal moment as traditional gaming developers increasingly explore decentralized technologies.
The funding will support the development of a game designed to leverage the capabilities of Etherlink, which is poised to enhance player experience through improved scalability and transaction efficiency. As the gaming industry continues to evolve, the integration of blockchain technology offers innovative opportunities for developers and players alike, particularly in terms of ownership and in-game economies.
Smedley, known for his extensive background in gaming, aims to create a product that not only meets the high standards of AAA titles but also embraces the unique advantages that blockchain can offer. The infusion of capital from this funding round underscores the growing interest and confidence in the convergence of gaming and blockchain technology.
As the project unfolds, it will be crucial to monitor how this initiative shapes the landscape of Web3 gaming and whether it can attract a dedicated player base in a competitive market. With Smedley at the helm, the gaming community is keenly watching how this new shooter will impact the future of interactive entertainment.
