ZKcandy Secures $4 Million Funding to Advance Web3 Gaming Initiatives
ZKcandy, a layer 2 blockchain designed for gaming, has completed a $4 million private funding round. The ZKsync-powered protocol announced this development in a Monday update, highlighting its notable investors.
Investors included Wemix Pte. Ltd., Animoca Ventures, Spartan Group, Efficient Frontier, Flowdesk, and others. Contributions also came from angel investors affiliated with organizations like Stacks, Analog, and Mittaria.
ZKcandy's Web3 Gaming Ambitions
ZKcandy aims to reshape Web3 gaming with its recent financial backing. The platform has the resources to implement innovative solutions in the gaming sector.
The project's rapid progress is supported by iCandy, a company recognized for its gaming expertise. iCandy owns Lemon Sky Studios, which contributed to titles such as The Last of Us Part II Remastered, Spider-Man 2, Baldur's Gate 3, and Final Fantasy XVI.
Future Roadmap
ZKcandy has outlined its future plans, which include creating a Telegram-based EVM gaming ecosystem. The new funds will facilitate collaborations with intellectual property holders and the development of AI agents for gaming.
Part of the funding will also focus on establishing partnerships and preparing for the mainnet launch scheduled for the first half of the year.
ZKcandy CEO Lau Kin Wai stated that the primary objective is to enhance accessibility in Web3 gaming:
“Our goal is to make web3 gaming more open and accessible to everyone.”
The platform has already recruited gaming expert William Croisettier and currently has over 25 game titles in various stages of development. ZKcandy aims to establish itself as a leader in the rapidly evolving Web3 gaming market.