ZKcandy Secures $4M in Private Round to Revolutionize Web3 Gaming

ZKcandy, the primary Layer 2 true gaming blockchain primarily based on ZKsync, has accomplished a $4 million non-public providing spherical. This comes after the open testnet section for ZKcandy confirmed good progress, attracting greater than 2.4 million wallets inside two weeks. The funding will strategically place ZKcandy within the Web3 gaming market by advancing its know-how execution and consumer interface design. It additionally helps preparations for the mainnet launch within the first half of 2025.

The present spherical was led by Wemix Pte. Ltd, with contributions from Animoca Ventures, Perlone Capital, Spartan Group, Animoca Manufacturers, Prometheuz Lecca Ventures, Presto Labs, Flowdesk and Environment friendly Frontier. Different contributors included Angel Traders and early contributors from Stacks, Analog, Mittaria, Xangle and Buying and selling Methods.

ZKcandy enhances the Web3 Gaming ecosystem

The ZKcandy can be positioned inside the Web3 gaming trade because the Layer 2 chain for game-focused options coming from a serious gaming studio. The platform relies at Southeast Asia recreation developer iCandy Interactive and is launching with a staff that has vital expertise within the gaming trade and has launched greater than 500 video games with an viewers of greater than 300 million energetic gamers.

The funding can be used to create new product enhancements, develop partnerships and purchase AAA recreation titles and different licensed properties. At present, ZKcandy has over 25 recreation titles in improvement, together with a Tier-1 Hollywood IP licensed recreation.

Stimulating innovation by zk Rollup know-how

ZKcandy depends on zk rollup know-how constructed on the ZKsync protocol to make sure the perfect blockchain evaluation for avid gamers and builders. The platform design makes blockchain integration simple for builders, whereas making the participant expertise environment friendly and rewarding within the type of digital belongings.

Lau Kin Wai, CEO of ZKcandy, mentioned the funding is a vital step in direction of realizing its imaginative and prescient of bringing Web3 gaming to a wider viewers. He bolstered the corporate’s concentrate on securing high-quality video games and IPs whereas constructing and sustaining a wholesome and ever-growing group.

By prioritizing user-friendly experiences and sturdy know-how, ZKcandy goals to translate its early momentum into sustainable progress, additional cementing its place as a frontrunner within the Web3 gaming sector.