Farcana, a science fiction, and team-founded hero shooter, remains in early development. Currently, it possesses a fresh round of capital to leverage.
The Farcana team has generated $10M to further develop its third-person multiplayer shooter game. Those involved in the seed funding include Fenbushi Capital, Animoca Brands, Merit Circle, and Polygon Ventures. Other round participants include Unpopular Ventures, Hasu Capital, Rarestone Capital, Dravus Investment, and Kapo Capital.
Farcan Eyes Blockchain Gaming Segment
In a statement, Clarence Zhou, Fenbushi Capital Investment manager, said they are confident of Farcana’s potential to be a legendary blockchain game and consistently introduce more people to Web3. Yat Siu, Animoca Brands’s chairman and co-founder, said that over the past year, they have been partnering with Farcana and are pleased by the traction and development it has received.
Despite Farcana sharing some similarities with a game such as Blizzard’s Overwatch, it has smaller and walled maps and game modes that remind one of Valorant by Riot Games.
The Farcana story happens in a near-future world in which humanity has exited Earth for Mars and sees Axelar, a superpower-giving substance. Farcana is a continuous contest trial in which players with Axelar-influenced powers contend for glory within the game’s lore.
The Farcana team entails Carlos ‘Ocelote’ Rodriguez, G2 Esports founder and ex-CEO, as an advisor. He is based in MENA and partnered with Dubai’s Economy and Tourism department to hold the playtest for the pre-alpha game. The event occurred during the Mid-2023 Dubai Esports Festival.
Farcana Benefiting from Animoca Brands’ Vision to Nurture Web3 Development
According to Siu, their strategic investment into Farcana is Animoca Brands’s vision to promote the development of Web3 in MENA. He also said the area is quickly modernizing and embracing upcoming technologies, and they are happy to back partners like Farcana in their quest to lead the sector and introduce stimulating products to the market.
In November, Animoca initially revealed it had invested in Franca, pointing to a longing to back the game’s continuous development and planned free Bitcoin Ordinals mint as Farcana works towards a beta unveiling.
Further, the game will use Polygon, an Ethereum scaling network, with a free mint for ‘Mars Enigma Vault’ nonfungible tokens being introduced on December 19.
According to a statement., Farcana seeks to provide elements of blockchain, such as a tournament feature that awards Bitcoin to the top 10% of its players.
The game intends to run under a free-to-play structure with a free battle pass, nonfungible tokens, and crafting features. Each in-game element will be a nonfungible token, including pets, characters, voice lines, charms, and weapon skins. Besides, all Farcana’s transactions will entail utilizing the FAR token.
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