ZKcandy introduced in the present day that it has closed a $4 million non-public funding spherical shortly after the open-testnet part for its gaming-focused Layer 2 chain. Throughout this part, over 2.4 million wallets have been created in two weeks, proving the idea’s potential to each attain and be accessible to a large viewers. In accordance with the corporate, it plans to make use of the funding to develop its ecosystem.
The spherical’s traders embody Wemix Pte. Ltd., Animoca Ventures, Spartan Group, Perlone Capital, Presto Labs, Flowdesk, Prometheuz, Lecca Ventures, and Environment friendly Frontier. Different traders embody angels and early contributors, together with Stacks, Analog, Mittaria, Xangle, and Buying and selling Methods.
ZKcandy, which is operated by video games firm iCandy Interactive, is a gaming community that goals to assist convey extra video games to market. At current, the corporate has over 25 video games in its pipeline, together with one based mostly on a well-liked licensed IP. It plans to make use of its funding to “build the first Telegram-based EVM gaming ecosystem,” broaden its community of companions in addition to put together for mainnet launch in 2025.
Lau Kin Wai, ZKcandy CEO, stated in an announcement, “Securing this funding is a big step for us. Our goal is to make Web3 gaming more open and accessible to everyone. We want to bring in top games and other large IPs and create a space where users can enjoy smooth, secure, and rewarding experiences. With support from our investors, we will keep building toward that vision.”