Acid Labs has raised $8 million in funding for its immediately playable Web3 video games on social messaging platforms.
The corporate’s mission is to construct viral instantaneous video games the place individuals already join. The studio already has a breakout hit in Boinkers.io, which has 11.5 million month-to-month gamers on Telegram. The corporate says that reveals the huge potential of chat-integrated gaming.
A16z Speedrun and NFX led the spherical, with participation from Fusion VC, and prime gaming executives. Jonn Weinberg is the CEO of Acid Labs. He’s a serial entrepreneur targeted on gaming. During the last decade he based and led a number of firms that raked tens of millions in revenues and entertained tens of millions of players worldwide, the corporate mentioned. He was CEO of Fuse.television, which was acquired.
With extra video games on the best way, Acid Labs is doubling down on creating seamless, social-first gaming experiences. The flagship recreation, Boinkers.io, is a social parody recreation on Telegram—full of meme tradition, absurd humor, and chaotic enjoyable, the corporate mentioned.
I’m unsure what the sport is all about, nevertheless it took me some time to discover a “secure for work” picture that wasn’t tremendous foolish whereas scrolling by way of the corporate’s Twitter feed for the sport. The sport courts low-brow humor and it has a whole lot of meme social posts. Boinkers is an off-the-cuff tap-to-earn Telegram recreation.
“Chat-based video games are set to dominate international playtime. We’re thrilled to be backed by the most effective within the business. A16z speedrun backs founders pushing the bounds of tech and leisure, and NFX is behind a number of the most profitable gaming firms on the planet,” mentioned Acid Labs in a press release.
Josh Lu, accomplice at a16z Video games, mentioned in a press release, “Chat tremendous apps have a number of the strongest community results in all of tech and a pure match for recreation experiences designed to be performed with mates. Acid Labs has tapped into a large market the place individuals already join, creating viral loops that gas natural development.”
NFX shares this imaginative and prescient. Gigi Levy-Weiss, common accomplice at NFX, mentioned in a press release, “Successful in gaming takes extra than simply nice concepts—it requires a workforce that may execute with velocity and precision. Acid Labs has already constructed one of many fastest-growing social gaming hits, proving they’ve the imaginative and prescient and experience to form what comes subsequent.”
The corporate is led by a confirmed workforce of serial entrepreneurs whose first enterprise delivered over $250 million in income, with their earlier firm acquired in 2021.
