Shima Capital Leading $6M Seed Round for Blockchain Game Developer Mech.com

Mech.com is currently developing their first versions of a match-3 game.
Image source: Mech.com

Quick take:

  • Players can earn the in-game currency and the tradable cryptocurrency $FORGE.
  • Mech.com is also developing an arena battle game that implements NFTs and blockchain tokens in a play-to-earn ecosystem.
  • The official Mech NFT marketplace will be launched in Q2 this year.

Shima Capital is leading Mech.com’s $6 million seed round, with participation from Polygon, Big Brain, Anti Fund, Cryptology, Master Ventures, BreederDAO, MetaVest, Andromeda VC, Pulse Ventures, and Gumi Ventures.

Mech.com is a blockchain game company that is currently developing its first version of a match-3 game in which players can earn the in-game currency called “ore”, and subsequently, the tradable cryptocurrency, $FORGE.

The game development company is also developing an arena battle game that implements NFTs and the abovementioned blockchain tokens in a play-to-earn ecosystem. Players can battle others in community-owned arenas.

Co-founded by Trey Smith, who serves as Mech.com’s CEO, and his partner, Nik Rudenko, Mech.com is the third gaming company that the two have founded, the other two being Buildbox and KayaBit.

Last year, Kyle Klemmer joined the team as COO. He has an established background in marketing and his extensive network in blockchain technologies brought key investors and advisors to the table, including Justin Kan (founder of Twitch), Matthew Morgan, Josh Meier (director of Andromeda Capital), Bradley Townsends (founder of Latitude Services, and HuK (head of esports for the Kraft Group).

Mech.com is planning to launch its in-game currency token, DAO token and staking pools to provide liquidity. The company will also be launching its own NFT marketplace where users can view all the in-game NFTs they own and list them for sale. 

After closing its seed round, Mech.com will begin its private round of fundraising and launch new “factions” of NFTs such as the Rebel class. 

The Mech NFT “factions” are divided into Legendary, Foundation, Aether, Elders and Rebel. According to Mech’s website, the first three drops of NFT “factions” sold out less than seven days after release. Only 16,016 Mech NFTs will be minted and 7,500 more Mechs will be released.

Stay up to date:

Previous Post

The Sandbox Rallied 65% While YGG Spiked Nearly 130% Amid the NFT-NYC Buzz

Next Post

Lowe’s, Louis Vuitton, and eBay File New Metaverse and NFT Trademarks Applications After Jumping into Web3

Related Posts
Total
0
Share