Web3 Games Startup GFAL Closes Seed Round with investors including Supercell and Mitch Lasky [Yahoo! Finance]
Electronic Arts Inc. (EA)
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Source: Yahoo! Finance
GFAL's plans for 2024 will build on the successful soft launch for mobile of its game Elemental Raiders BARCELONA, Spain, April 29, 2024 (GLOBE NEWSWIRE) -- Web3 video games startup GFAL , also known as Games for a Living, has announced that it has closed a seed funding round with several investors, which include Supercell Ltd and Mitch Lasky, among others. The $3.2 million round builds on the $4.4 million in capital from token pre-sales that the company obtained in 2023 through GFAL's successful token offering. The GFAL team includes leadership who had previously held roles at leading industry players, including King Entertainment, Activision Blizzard, Electronic Arts, Netflix and Digital Chocolate. The Web3 games studio is on a mission to build innovative, engaging and endless gaming experiences through new video game genres and business models. GFAL's token, $GFAL, is currently sitting at a fully diluted valuation (FDV) of $254,717,017 after one of the most impressive token la
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