Web3 game developer M10 completes $3 million seed round financing, with participation from Sui Foundation and others

ChainCatcher news, according to Venturebeat. Reportedly, Web3 game developer M10 has completed a $3 million seed round financing, with investors including Sui Foundation, GSR, Big Brain Holdings, Monoceros, Blockchain Founders Fund, and Presto Labs.

The company aims to address the core issues in the free-to-play game model, particularly the overly aggressive monetization methods. M10 is developing a competitive multiplayer shooter that creates new gaming business models through blockchain technology, allowing players to create and monetize their own value. The developer team members come from AAA game projects such as Assassin's Creed, Red Dead Redemption 2, and GTA V.