Play-to-Earn 'Puffverse' Migrating to Ethereum Gaming Network Ronin From BNB Chain - Decrypt
04/24/2024 17:08Puffverse has raised $3 million in a round led by Animoca Brands, with plans to shift to Ronin and launch a party game, token, and new NFTs.
Puffverse, a gaming project built around NFT characters minted on Binance’s BNB Chain, announced Wednesday that it will migrate its collections to Ethereum gaming network Ronin, and launch a play-to-earn party game called PuffGo on the network.
Alongside the migration news, Puffverse announced a $3 million funding round led by metaverse investment giant Animoca Brands, with participation from Ronin creator Sky Mavis along with Arcane Group, Spartan Group, Foresight Ventures, HashKey Capital, and Xu Family Office.
The funds will support development of the flagship party game PuffGo, as well as the creation of a cloud gaming platform for building personalized metaverse experiences. PuffGo, a party game akin to Web2 hit Fall Guys that includes play-to-earn elements, will be the project’s first game to debut on Ronin.
"Moving Puffverse to the Ronin blockchain was a strategic decision rooted in our commitment to making our 3D universe more accessible to both Web2 and Web3 users," said Puffverse co-founder and COO Lya L, in a release.
PuffGo, a multiplayer party game enabling players to earn rewards, will be the first Puffverse title launching on Ronin. It offers user-generated content creation and upcoming AI tools for crafting game maps and metaverses through text commands.
Puffverse will take a snapshot of NFT holders on BNB Chain on April 29 and then airdrop the Ronin version of the assets to the wallets. The project plans to launch a PUFF token on Ronin this year, alongside a new NFT collection.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.