Crypto Rogue Games Secures $1.5M for Web3 ARPG Crystals of Naramunz

Gaming Staff • March 15, 2024

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Crypto Rogue Games, a game development studio based in Umeå, Sweden, has successfully raised $1.5 million in funding for its upcoming hack 'n' slash action RPG, Crystals of Naramunz. The funding round included game-focused VCs such as Merit Circle, Avalanche, SNZ, Coinfund, Lyrik Ventures, Devmons, and Bryan Pellegrino, CEO and co-founder of Layer Zero. The investment will help accelerate the development of the game and position the studio as a leader in blockchain technology integration in gaming.

Crystals of Naramunz is a free-to-play loot-driven action RPG set in a post-apocalyptic steampunk world. Players explore a vast world filled with ruins, dungeons, and powerful relics, taking on the role of different heroes. The game is inspired by Diablo and Path of Exile and offers high replayability due to its deep itemization, power progression, seasonal resets, and multiplayer features. The closed beta is planned for June this year.

The studio has a game-first and player-centric approach, aiming to provide a seamless and frictionless web3 experience that allows players to craft items and truly own their hard-earned loot. Merit Circle and Avalanche, the game-focused VCs that participated in the funding round, share the studio's vision for web3 technology in gaming.

Crypto Rogue Games was founded in 2021 and has offices in Umeå, Sweden, and Tallinn, Estonia. The team has a track record of working on award-winning game titles such as Path of Exile, Stellaris, and Pillars of Eternity. With the successful funding round and support from major VCs, Crystals of Naramunz is on its way to redefining web3 ARPGs and shaping the future of web3 gaming.

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