NFT Game Skyweaver Raises $45M from Horizon

NFT Game Skyweaver Raises $45M from Horizon

Skyweaver, an NFT game developed since 2021 and officially launched in 2023, has secured a significant investment from major players in the gaming industry.

The question arises: why has the project taken so long to develop, and what standout features does the game possess that attract such keen investor interest? Let's explore these questions in this article to gain a clearer understanding.

What is Skyweaver?

Skyweaver is a free-to-play NFT trading card game (TCG) built and developed on the Polygon blockchain.

In the game, players construct and combine different tactical card decks to form a complete set, battle opponents, and defeat them to earn NFT cards or other items.

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The game has been released on various operating systems, and you can visit the game's official website to download and experience it directly.

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Gameplay

As a free-to-play NFT game, Skyweaver allows players to engage without needing to own NFTs beforehand.

In the game, players build their 30-card decks from various types of cards, either exploring to create a personalized style or learning from leaderboard leaders.

  1. Game Components

During gameplay, players own a deck along with heroes, each possessing different attributes to support them in battles.

Heroes can have 1-2 simultaneous attribute forms, enhancing deck configuration diversity.

Cards in the game are divided into two types: Unit cards and Spell cards.

Unit cards: These are creature cards used for combat during battles.
Spell cards: These are skill cards that can be used immediately without taking turns, unlike unit cards.

Creature cards in the game are divided into many tribes across 9 different systems, allowing players to collect these cards by completing game modes.

  1. Gameplay Modes

Initially, players can enter modes like training to familiarize themselves with the game and then battle bots in Practice mode to gain additional experience levels, thereby participating in special game modes.

The game has two main play modes: Ranked and Conquest.

Ranked mode: In this mode, players battle others to climb the leaderboard and have the chance to receive Silver NFT cards (more on these below) if they rank among the top players.

The rewards in this mode are distributed weekly, encouraging continuous battles to improve one's rank.

Conquest mode: To participate in this mode, your minimum level must be 15, and you will be matched with players of equivalent winning ratios. Additionally, you need to pay either 1 Silver NFT or $1.5 to participate.

Here, winning at least one match earns you 1 Silver NFT + XP (experience). Winning 2 matches earns you 2 Silver NFTs, and notably, winning 3 consecutive matches earns you 1 Tradable Gold NFT + 1 Silver NFT. From here, you can sell these NFTs and earn money.

NFTs in the Game

In Skyweaver, the primary NFTs are special card NFTs divided into 3 levels: Base, Silver, and Gold.

Base: These are NFT cards obtained by linking your account with Skyweaver or as rewards when leveling up. These NFT cards are unlocked for free and cannot be traded.

Silver: This type of card can be won as rewards from Ranked and Conquest matches, and you can sell them to others to earn money or use them as fees when participating in modes.

Gold: This card is earned when you win 3 consecutive matches in Conquest mode.

Tokenomics

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Fundraising Rounds

Skyweaver has raised a total of $44.5M from two fundraising rounds.

The first round in July 2021 was led by Initialized, raising $4.5M, with participation from Bitkraft Ventures, CMT Digital, The Xchange Company, Khaled Verjee, and Zyshan Kaba.

The second round in October 2022 successfully raised $40M led by Brevan Howard Digital and Morgan Creek Digital, with participation from Polygon, Take-Two Interactive, Ubisoft, Xsolla, along with co-founders of The Sandbox Sebastien Borget, Sky Mavis, and Axie Infinity co-founder Aleks Larsen, and several other investors.

Development Team

Skyweaver is developed by Horizon, a blockchain technology company founded in 2017 with a focus on building Web3 products supported by some of the world's top investment funds.

All team members have extensive experience in technology and construction, particularly in the blockchain and gaming industries.

Project Roadmap

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Conclusion

Skyweaver is an interesting and unique NFT game with classic TCG gameplay combined with visually appealing graphics, offering players an engaging gaming experience. Developed since 2021 and receiving substantial investment, the project is unlikely to slow down and is expected to continue thriving in the future. You can already experience the game, so invite your friends to play and unwind after stressful work hours.

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