SINGAPORE--(BUSINESS WIRE)--MMO and strategy game experts GamePhilos Studio has raised $8 million in seed funding from Xterio Ltd., Animoca Ventures, SevenX Ventures and Chain Hill Capital, with participation from Hashkey Capital, Sanctor Capital, Game7, Bas1s, GSR Markets and GSG Ventures. The studio team is helmed by game industry leaders with years of experience at Netease, Zynga, FunPlus, ByteDance, Longtech, Blizzard Entertainment and other major industry players, and will use the funding to develop and distribute its upcoming mobile and PC strategy game Age of Dino.
“We are thrilled to be partnering with such a proven team of expert strategy game developers, most of whom yield from FunPlus, and have led multi-billion dollar properties,” said Jeremy Horn, COO, Xterio. ”Age of Dino is a flagship title for the Xterio platform that will demonstrate how we successfully launch and operate massive free-to-play PC and mobile games with on-chain assets.”
By blending elements from the web 3.0 ecosystem and traditional gaming platforms, the title aims to redefine digital ownership and how strategy players can earn, use and trade collectibles and resources. GamePhilos intends to position itself as the leader in web3 strategy gaming for experienced strategists and those looking for a new challenge.
Age of Dino places the player amid a war for survival between conflicting factions that have mastered genetic manipulation to create dinosaur war machines. The action unfolds in real-time battles as players explore and conquer new areas of the in-game world, with particular focus on multiplayer, both cooperative by providing novel alliance and trading systems, and competitive by introducing new tribe battle modes and gameplays. With deep city, characters, and armies customization set in a visually stunning universe, Age of Dino delivers a rich and unique game experience to strategy fans.
The title will leverage the Xterio Foundation platform, specializing in free-to-play games with meaningful web3 integrations. The Xterio platform will provide critical blockchain-related technical support and a Software Development Kit (SDK) for Age of Dino. The Xterio Foundation and its ecosystem partners jointly have raised more than $65 million to date in funding to create engaging, immersive gaming experiences driven by player ownership.
GamePhilos licenses the FunPlus game engine, known for its 4X games such as State of Survival, to develop Age of Dino on a proven engine with a successful history of performance, stability and scalability. Additionally, GamePhilos is receiving the art direction and support of Imagendary Studios, founded by renowned former Blizzard artist Wang Wei, to help design the upcoming NFT collections.
Age of Dino will be one of the first projects deployed on BNB Chain’s layer 2 opBNB showcasing its scaling capabilities.
"Binance Labs recognizes the potential of a new wave of web3 game studios and publishers that are poised to accelerate the mainstream adoption of web3 gaming,” said Nicola W., Investment Director, Binance Labs. “Among these, we're excited about Xterio's high-quality game title, Age of Dino, and we look forward to seeing them harness opBNB to enable seamless gameplay experiences for users on the BNB Chain."
Age of Dino is scheduled to launch in selected countries early next year on mobile devices.
Xterio Foundation in Switzerland was founded with a Council and a team of technology and entertainment leaders with deep free-to-play games experience on a mission to develop, publish and distribute high-quality web2 and web3 games and interactive entertainment. To learn more, please visit xter.io and follow along at @XterioGames.
Headquartered in Singapore, GamePhilos has 28 employees and was founded in July 2022. The company intends to break new ground by introducing player digital ownership to mobile strategy games. Follow along at @AgeofDino.