Burn Ghost successfully raises $3.1 million in funding
In a recent announcement, Burn Ghost announced that it has successfully raised $3.1 million in seed funding for its ambitious project. Having wrapped up in April, the funding round was jointly led by DraftKings and Bitkraft Ventures.
Currently, Burn Ghost has one game available – the endless runner title FTX Game. Taking inspiration from the collapse of the similarly named crypto exchange, its creator calls it a ‘schadenfreude’ experience about the whole FTX story.
Far from building a complex, blockchain-centric ecosystem, Burn Ghost has its sights set on creating a highly accessible, intuitive, casual gaming experience that also offers players a skill component. What’s meant by a skill component? The top finishers of any of its games will win NFTs from the company itself and partners in its ecosystem.
To be in the running for one of these NFTs, players will need to pay an entry fee, payable in crypto, but can also earn native credits even if they don’t finish at the top. According to the company, it will also be adding fiat payments as a medium.
Burn Ghost is slated for a full public launch in Q1 of 2023, with players being gradually added to its waitlist. All the while, the company will gradually add more games across a range of genres.