Web3 game studio Mayhem Studios has completed a $20 million Series A funding round, led by Sequoia Capital

ChainCatcher news, Indian P2E game development company Mobile Premier League (MPL) announced that its studio Mayhem Studios has completed a $20 million Series A funding round, led by Sequoia Capital, with participation from Steadview Capital, Truecaller, and others.

It is reported that MPL launched the NFT marketplace Good Game Exchange (GGX) last month, and also initiated a Web3 gaming strategy based on play-to-earn (P2E) as part of its group development plan. (source link)