Solana game studio Mirror World raised $12 million in funding

Solana game studio Mirror World raised $12 million in funding



Solana game studio Mirror World Labs has raised $12 million in seed Series A funding led by Bitkraft, Galaxy Interactive, Big Brain Holdings and others to further develop its game franchise, Sonic.

“Over the past two years, we've worked with hundreds of games in the Web3 gaming ecosystem, helping them monetize and list,” Sonic CEO and Founder Chris Zhu said on June 13.

“Solana has been our biggest focus across the entire set of tools and game frameworks. With our support, we believe Sonic SMM will be key to launching Solana's gaming summer with thousands of games on board to launch and go to market.”

The money will be used to speed up the Sonic protocol with features like sandbox environments, customizable game premieres, and customizable data types. Sonic will contribute to onboarding new developers to the Solana game ecosystem and will focus on simplifying existing game developers' use of Sonic's SVM and HyperGrid Framework. The latter is a package deployment kit that allows developers to deploy new game engines and virtual machines in the Solana environment.

Developers Solana said that while it has benefited from the memecoin boom and the growth of the decentralized app market, the gaming landscape “hasn't seen the same levels of success.” They believe the novel Sonic protocol can help other devs support their own GameFi projects by deploying Solana Virtual Machine (SVM) chains.

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The Sonic Protocol was first launched on March 29. About 50 gaming clients have been assigned as initial distribution nodes. Three games – Mahjong Meta, Matr1x Fire and Seraph/Actosoft – have seen more than 200,000 traffic and transaction engagements during their playtimes after incorporating the Mirror World SDK.

In the year Founded in 2022, Mirror World Labs focuses on developing Solana's gaming infrastructure, focusing on all stages of the game's lifecycle, including onboarding developers, players, and technical solutions. The firm has raised a total of $16 million in venture capital funding.

Related: 5 Risks to Watch Out for When Investing in Solana Memecoins

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