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Overplay’s Wefunder Campaign brings in $1 million from Retail Investors, Funding Social Gaming AI-Powered Tech

American Entrepreneurship

Community Crowdfunding Platform brings multiple benefits to Social Gaming Startup Funding strategy plays an important role in how much and how quickly a startup receives funding. In a matter of hours, the gaming startup raised $1 million from retail investors with a minimum investment of $100.

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Revel raises $7.8M to become the Instagram and Robinhood of NFT platforms

TechCrunch

Revel , an NFT or “social collectibles” platform, raised $7.8 One way to describe Revel is a cross between Instagram and Robinhood, wrapped in social game economics,” Sideman said. Instagram is known as a social media platform while Robinhood is known as an investing and trading platform.

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Rec Room raises $145M at a $3.5B valuation for its user-generated, immersive gaming platform

TechCrunch

On the heels of Roblox hitting it big with its platform for user-created gaming content, another startup has landed a major round of funding to build out its own user-generated platform aimed at immersive experiences. billion valuation. billion valuation. (To There are some 12 million rooms on the platform already, Rec Room said.

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Metaverse Magna raises $3.2M at a $30M valuation to build Africa’s largest gaming DAO

TechCrunch

This February, Africa and emerging market-focused Nestcoin raised a pre-seed round to build, operate and invest in its web3 applications, including crypto content platform Breach Club and gaming guild Metaverse Magna (MVM). Meanwhile, MVM said it is building a soon-to-launch social gaming app, Hyper.

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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. I think the best solution for the social networking era is “in-stream&# advertising. I won’t belabor this – I have an investment in this space ( ad.ly ) so I’m biased. But I made it for a reason. He’ll pivot.

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Powder raises $14 million for its social app for game clips

TechCrunch

Meet Powder , a French startup that helps you share video clips of your favorite games, follow people with the same interests and interact with them. Powder wants to build the video infrastructure for social gaming. That’s because Powder didn’t come up with its social app for gamers overnight. Overall, 1.5

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a16z, Avenir and Google back South African mobile games publisher Carry1st in $20M round

TechCrunch

Carry1st , a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z). Carry1st also received investments from Avenir and Google; it’s the latter’s second check from its Africa Investment Fund.