Cosmos, Solana Ventures Join $725M Series B for Crypto Gaming Platform Forte

The massive Series B round for Forte included investments from Andreessen Horowitz, Animoca Brands, and Warner Music Group. Read the full article by: Jeff Benson

Key Points:

• Gaming is becoming a very important space that blockchain is trying to branch in to through NFTs, Metaverses, and traditional games. Today Forte, a crypto gaming startup, raked in $725 million in Series B financing from Cosmos and Solana Ventures. Other names included Animoca brands and Warner Music Group.

• Fortes goal is to bridge the two worlds together by bringing blockchain elements into their games such as NFTs that you can collect and wallet functionalities. "In blockchain-enabled games, players can truly own goods, rather than making pure entertainment expenditures," said Forte.

• In the future Forte is trying to integrate with Cosmos, Solana, and Polygon as it gets further into the development process.

• They want to be able to fine tune NFT focused games as well citing that popular ones, like Axie Infinity, are “rough around the edges. So far the platform is currently invite only but they are hoping to be able to tap into some of the 15 million users that are currently on their partners platforms.