Block Tackle secured $5 Million In Seed Funding Round

 

Block Tackle, a San Francisco-based new game studio whose games work on Blockchain technology and allow players to own their own digital assets, has now secured $5 million in a seed funding round.

Block Tackle was founded by Rob Oshima and Ben Topkins. It is a studio dedicated to creating the first-gen of fun first blockchain games. The company's initial release is SkateX, an immersive extreme sports game where the players own their own skateboards, which function as digital assets in the game and beyond.

Block Tackle co-founder, Ben Topkins, said, "Block Tackle is dedicated to building the first generation of great games in the blockchain. We've assembled a team that believes in the future of blockchain technology but doesn't believe it should come at the cost of pure player enjoyment."

Cadenza Ventures Managing Partner Max Shapiro said, "The future of gaming means embracing blockchain technology, NFTs, and crypto — but for many, those concepts are hard to understand at best. We are thrilled to support Block Tackle and its team of seasoned gaming veterans as they usher in a new era in games by redefining the value proposition for players."

The round was backed by Cadenza Ventures and Play Ventures with participation from Animoca Brands, Brevan Howard, Coinbase Ventures, Solana ventures, SOL Big Brain, House Fund, and Pirata Ventures.

The company, as of now, has plans to use the new funds to expand operations and its development efforts.