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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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Spolsky on Software on Both Sides of The Table

Both Sides of the Table

Within a small startup with 3 engineers, everyone will work on all aspects of the site. The software is not difficult to build and the hosting element has become a commodity; the hard part is building a community. Lesson: Joel had been building a community of readers since 2001. Building Communities. Distinct Communities.

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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 million in seed financing led by Dragonfly Capital, the startup’s CEO, Adi Sideman, exclusively told TechCrunch. One way to describe Revel is a cross between Instagram and Robinhood, wrapped in social game economics,” Sideman said.

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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. There are some 12 million rooms on the platform already, Rec Room said.

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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. The team then developed an app that would appeal to that community, the “metaverse camera” as Coppin says.

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Turkey’s Spyke raises $55M in a seed round to bring a social twist to casual mobile games

TechCrunch

Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak ( acquired by Zynga for $1.8 Now, a new startup is announcing a major round of funding to make its own mark on the space. For Spyke, the outsized round was raised to match the startup’s ambitions.

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

TechCrunch

Meanwhile, MVM said it is building a soon-to-launch social gaming app, Hyper. The chief executive also noted that more details around the utility of the governance token for MVM would be released to the platform’s member community in due course as part of its “build in public” ethos.