TLDR:
- Animoca Brands leads a $7 million funding round for gaming platform Param Labs
- Param Labs has a significant online community across X and Discord, boasting 2.5 million followers and 500,000 Discord users
Animoca Brands, a top crypto investor, announced a $7 million investment in the gaming platform Param Labs. The United Arab Emirates-based company has a large online community with millions of followers across X and Discord. Other investors in the funding round included Delphi Ventures and Cypher Capital. The collaboration aims to redefine the gaming landscape by allowing gamers to be owners of their digital assets. Param Labs plans to launch its native PARAM token to govern its gaming ecosystem, starting with its first game, “Kiraverse,” a play-to-earn multiplayer shooter.
