Horizon Blockchain Games – as the name implies – a company that creates games on the blockchain, as well as tools to help others do the same.
The company today announced that it has raised another $4.5 million, bringing its total to a little over $13 million.
Horizon’s first game is Skyweaver, a competitive digital trading card game that taps the blockchain to give players more realistic ownership of their virtual cards. Once earned through competition with other players, cards can be sold, traded or taken out of the system and put into storage.
As I wrote earlier about Horizon here:
Horizon is working on two paths here in parallel: On one way, they’re building an Ethereum-powered platform called Arkadem to handle in-game items — establishing who owns a specific instance of an item. Who is, and allows that item to be traded verified. , is sold or given from player to player. Once an item is in the possession of a player, he can use, trade or sell it at will; The horizon cannot take it away. Over time, they will open up this platform for other developers to build on.
On the other hand, the company is building its own game – a digital trading card game called Skyweaver – which is meant to thrive on its own while demonstrating the platform.
The “Arcadem” mentioned above is now rebranded as “Sequence”, an easy-to-integrate wallet system that aims to address the complexities of blockchain. They want to allow the user or developer of the app to buy and store their digital goods on the blockchain without the user actually Thinking About Blockchain. Horizon co-founder Michael Sanders told me that the rebranding comes with an overall expansion of its focus; The “arcade” in “Arcade” suggested it was all about gaming, while it aims to help manage all kinds of digital objects, from virtual gaming stuff to NFT art and beyond.
The Horizon team often refers to being built to support “web3”, a term I’ve been hearing more and more lately. In essence (or, at least, as I best understand it), Web3 is online-but-decentralized apps built around the blockchain (Ethereum, in this case) to give individual users more control over their data. , is a category of services and games. . Here is the Ethereum Foundation’s breakdown of the concept.
Horizon originally intended to open SkyWeaver more widely in 2020; As of this morning it’s still in private beta, with plans to open wide later this year. Sanders told me that he has enrolled more than 66,000 players so far.
The company says that investors in this round (“Pre-Series A Round Safe”) include CMT Digital, The Exchange Company, Bitcraft Ventures, Khalid Verji and Zayshan Kaaba.