APT
by BSCN
March 20, 2023
The investment will be used to launch the exclusive game collaboration between the two studios, Aptos Arena, and future Aptos integrations with BR1: INFINITE.
BRAVO READY, creator of BR1: INFINITE, a pay-to-spawn, kill-to-earn shooting game, announced a strategic investment from Aptos Labs. As reported, the funds will be used to launch Aptos Arena, an exclusive game collaboration between the two studios, and future Aptos integrations with BR1: INFINITE.
“Aptos Labs is proud to partner with BRAVO READY, and we appreciate the creativity, energy, and innovation their team brings to Web3 gaming,” said Mo Shaikh, Co-Founder & CEO of Aptos Labs.
According to Evan Ryer, Co-Founder & CEO of BRAVO READY, the protocol fundamentally reinvents the financial side of gaming. He further added:
“Our mission is to be at the crossroads of great games that people love to play and a business model that will drive value for everyone.”
Aside from Aptos, Magic Eden Ventures also invested in BR1: INFINITE on Feb. 24. Using in-game marketplaces, Magic Eden supports gaming infrastructure, helps game studios acquire and engage users, and launches NFT projects.
Further, the full suite of products and services that Magic Eden offers for creators enables games to be monetized and engaged across the whole web3 ecosystem.
Meanwhile, Aptos recently made an equity investment in Chingari, a social media platform. As, reported, Chingari will use the equity investment to grow its user base, improve its product, and expand globally.
By the second quarter of 2023, the social media platform will migrate to the Aptos Network from Solana. The network will enable the company to add millions of new users.
Aptos (APT) is trading at $12.85, down 1.37% in 24 hours.
BRAVO READY is a Montreal-based game publisher. In addition to producing AAA and WebGL titles like BR1:INFINITE & Mini Arena, BRAVO READY offers a range of products & services to help align games and game companies for success.
Where to find Bravo Ready:
Aptos is a new, independent project focused on delivering the safest and most production-ready Layer 1 blockchain in the world. The team includes the original creators, researchers, designers, and builders of Diem, the blockchain first built to serve this purpose.
Where to find Aptos Labs:
Website | Twitter | Telegram | Medium | Discord |
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