MLB Champions dev Lucid Sight raises $6 million
Takes company’s total funding to $11 million
LA blockchain game developer Lucid Sight has announced it’s closed a $6 million investment round.
The money will be used to operate and scale its MLB Champions game, which launched its 2019 edition this week, and the forthcoming MMOG Crypto Space Commander (CSC).
In addition, Lucid Sight will launch Scarcity Engine, a toolset that bridges the gap between traditional and blockchain games, later in the year
This funding takes the company’s total to $11 million.
Finding the sweetspot
Companies involved in the round included Salem Partners, The Galaxy EOS VC Fund, Digital Currency Group, Breakaway Growth, Frontier Venture Capital, and Animoca Brands.
As part of the deal, Lucid Sight has also signed a partnership to release its games in Asia with Hong Kong-based Animoca Brands. It already has the licence to publish CryptoKitties in China.
“This capital will allow us to bring games such as MLB Champions and CSC to the masses while maintaining the benefits of digital scarcity provided by blockchain technology.” said CEO Randy Saaf.
“We have found that game players enjoy digital ownership in our games, but users want to be able to game where they traditionally game: mobile, PC, and console.”
You can find out more about Lucid Sight via its website.