Gaming pioneer BRAVO READY announces $3 million seed round and development partnerships with Solana Ventures, 6th Man Ventures, Justin Kan, Sino Global Capital and Shima Capital
MONTREAL–(BUSINESS WIRE)–WELL READYcreator of BR1: Infinite Royalea first-of-its-kind gaming experience that combines NFT technology and win-win smart contract automation, today announced the completion of a $3 million seed round led by top tech companies and investors in the gaming and web3 industries, including Solana Ventures, 6th man ventures, sino world capital, and Shima Capital. The funding will be used to accelerate game and software development.
Evan Ryer, CEO and Co-Founder of BRAVO READY, says, “It’s not just a new game, it’s a new way to play. It fundamentally reinvents the financial side of being a gamer. Our mission is to be at the crossroads of great games people love and a business model that will drive value for all stakeholders, whether you are a gamer, audience member, content creator or investor. of games, the BR1 ecosystem is designed to generate incentives and rewards while creating a truly next-level gaming experience. None of this would be possible without the many developers at Solana Blockchain or the team at Solana Ventures who support our growth and we are grateful to have them all as partners.
“We at Solana Ventures are very proud to support BRAVO READY and BR1: Infinite Royale, one of the first shooters to go live on Solana,” says Justin Barlow, Senior Partner at Solana Ventures who led the agreement for BR1 and is also an advisor to the BR1 team. “BR1 has introduced an action-packed game that redefines the rules of the battle royale genre and combines utility NFTs with high-quality artwork and graphics. We look forward to supporting the BR1 team in their mission to bring the games Solana to the masses.
“Combining risk-based tokenomics with working NFT characters and assets, BR1 redefines what it means to be a blockchain-enabled game and elevates much-needed industry standards,” according to Yida Gao, General Partner at Shima Capital. “Rarely do we see a team ship a quality product as quickly as BR1 and we are thrilled to roll up our sleeves to support the founders and the entire team in their next phase of growth.”
Serge Kassardjian, co-founder and general partner of 6th Man Ventures, said, “We are thrilled to support BR1 as the gameplay and economy was unlike anything we’ve seen in the gaming ecosystem to win at The passion of the community is incredible and is only surpassed by the passion of the founders for the game. They are building an exciting new way to change fighting games, and we couldn’t be more excited to see this team build and change the game to win.”
Jon Cohen, CTO and co-founder of BRAVO READY, adds that “In Web3 games, the game must always come first, and the business model must support the game. Delivering tangible value to the time players spend in games video requires people to want to spend their time playing that game on a daily or weekly basis.Without a fun game that appeals to a large audience, the best thought out business model will crumble under low demand.
BR1: Infinite Royale is a risk-based shooter, the first of its kind, and has developed a loyal following thanks to a unique monetary model that allows players to pay $1 to spawn and earn SOL for every player kill. There is no start or end to the game as players can spawn in the game at any time, and the game map is a giant island that supports hundreds of players spawning around the edges and heading towards the center. Survival-style gameplay places new characters away from other players with little access to items such as weapons, ammo, consumables, or equipment, but towards the center of the island they encounter a frequency higher number of players and items. One of Bravo Ready’s key innovations is a generative character rendering pipeline to produce an infinite number of unique characters. Using a proprietary lane to randomize textures, colors, and patterns, each mesh in the character model is given its own unique sequence of combinations. Once these characters are generated, the collection is complete and renders these characters in-game for each owner of the NFT. To play the game, visit https://discord.com/invite/br1metaverse
About BRAVO READY
WELL READY is a Montreal-based video game studio and creator of the world’s first risk-based shooter, BR1: Infinite Royale, which bridges the gap between NFT technology and win-win smart contract automation. This creates a radically different experience for gamers by allowing them to create tangible financial value throughout the time they engage in playing games and performing real-time crypto transactions as a central part of the game through play, rental and other interactions.
Solana is the most successful blockchain in the world. It gives developers the confidence to build for the long term by providing predictable scaling without compromising security or composability. Solana’s performance is driven by intra-shard parallelism, which is capable of processing thousands of smart contracts at once, and Proof of History, an innovation in distributed timing that unlocks low-latency, sub-target finality. second across the world state. To learn more, please visit https://solana.com/.
About Shima Capital
Shima Capital is a California-based venture capital firm focused on supporting cutting-edge blockchain startups. The team is made up of native blockchain investors with traditional venture capital experience and a deep network in Silicon Valley and Asia. They aim to invest in the future with blockchain pioneers.
About 6th Man Ventures
6th Man Ventures (“6MV”) is a thesis-driven Web3 fund that invests in the most tenacious and disruptive founders in the global crypto and blockchain landscape, with a focus on Web3 applications and infrastructure . 6MV was founded by Mike Dudas (founder of The Block, LinksDao and co-founder of Button) and Serge Kassardjian (co-founder of StayTuned), and our brand stems from the concept of basketball, where we believe that every legendary team has a strong 6th Man to help off the bench. To learn more, visit https://www.6thman.ventures/.