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Web3 Gaming Agency ZKcandy Raises $4M in Funding Spherical

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ZKcandy, an Ethereum-based gaming community operated by iCandy, introduced on Monday that it efficiently closed a $4 million personal funding spherical with participation from Wemix Pte, Animoca Ventures, Spartan Group, and Perlone Capital.

The corporate revealed that it might allocate these funds for its mainnet launch, deliberate for the primary half of 2025.

🎉 Funding the Future: #ZKcandy has efficiently secured $4M 🎉
With participation from @WemixNetwork, @animocaventures, @TheSpartanGroup, @thejinkang (Perlone Capital), @Presto_Labs, @flowdesk_co, @LECCAVentures, @efrontier_io, @prometheuz_io
We're deeply grateful to our… pic.twitter.com/IXclsikc8K

— ZKcandy 🍬⛓ – L2 Gaming ZK Chain (@ZKcandyHQ) January 6, 2025

In a Medium weblog submit, ZKcandy confirmed that angel traders and early contributors, together with Stacks, Analog, Mittaria, and Xangle, additionally participated.

The funding adopted an open testnet section that generated 2.4 million wallets in simply two weeks.

ZKcandy’s Funding Spherical and Progress

The corporate acknowledged that this funding supported its aim of increasing Web3 gaming and rising accessibility to a broader viewers.

Lau Kin Wai, CEO of ZKcandy, defined that the workforce labored to usher in prime video games and enormous IPs, permitting customers to expertise easy and safe gameplay.

He famous that the brand new capital would assist the corporate proceed constructing towards that imaginative and prescient.

ZKcandy units itself aside as the one Layer 2 chain in Web3 gaming with foundational ties to a serious sport studio.

Counting on the workforce’s expertise in gaming product growth, ZKcandy stated it might speed up the market launch of high-quality sport titles.

The platform now counts greater than 25 video games in growth, together with a Tier-1 Hollywood IP-based providing.

ZKcandy to Construct Telegram-Based mostly Gaming System

The $4 million funding backs a number of strategic initiatives.

ZKcandy plans to create the primary Telegram-based EVM gaming ecosystem and collaborate with key mental property holders to spice up engagement.

The corporate additionally intends to combine AI brokers for enhanced gameplay, develop its community of companions, and welcome AAA sport builders.

ZKcandy’s strategy to consumer accessibility is predicted to strengthen its place within the Web3 gaming house.

The submit Web3 Gaming Agency ZKcandy Raises $4M in Funding Spherical appeared first on Cryptonews.

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