Jan 28, 07:44 AM

Pixion Games Raises $12.4M for Fableborne on Ronin Network

Pixion Games, the developer behind the mobile-first Web3 game Fableborne, has successfully raised $12.4 million in funding. The investment round was led by Delphi Ventures and included participation from Spartan Capital, Sky Mavis, Animoca Brands, and others. The funding will support Fableborne's efforts to drive innovation in the Web3 gaming space, leveraging its unique combination of engaging gameplay, a crypto-native team, and a strong economic model. The game is built on the Ronin Network, which has been praised for its suitability for Web3 gaming projects and boasts 500,000 users. This development signals growing interest and investment in blockchain-based gaming, with platforms like Skale Network also offering zero gas fees to enhance user experiences.