Dragonz Lab, a Web3 gaming studio from the UK, announced a $9 million funding round led by Syndicate Capital LPF. These funds will enhance the development of Dragonz Land, a Play-2-Earn game supporting digital property rights.
Investment in Dragonz Land Development
With support from Syndicate Capital LPF, Dragonz Lab plans to expand the Dragonz Land ecosystem, which already has over 5.3 million monthly active users. Funds will be used for developing PvP tournaments, strategic guild collaborations, and customer loyalty programs.
Unique Features of Dragonz Land
Dragonz Land combines unique NFT cards with dynamic gameplay and community engagement. Players can buy, collect, level up, and trade cards across 16 distinct factions, earning in-game tokens.
Investment in Web3 and GameFi
The game, available on both mobile and desktop via Telegram, utilizes blockchain for secure transactions and true ownership of digital assets. Syndicate Capital LPF is among the first Asian VC funds to transition from Web2 to invest in a Web3 game. Dragonz Land stands out with its engaging gameplay and a successful revenue model.
Dragonz Land is set to introduce new tokenomics and features, reinforcing its commitment to growing its user base and community engagement.