San Francisco-based Argus Labs, a crypto-gaming startup, has secured $10 million in seed funding. The round was led by Haun Ventures, with participation from Robot Ventures, Anagram, Dispersion Capital, and Alchemy, among others. Argus Labs plans to utilize the funding to expand its development team, enhance its studio and tooling infrastructure, and build the World Engine, an open-source, connected layer-2 of sharded blockchains for the Internet of Games. The World Engine aims to redefine the future of online games by enabling customized third world wide web gaming ecosystems and supporting user-generated content through blockchain technology.
Summary: Argus Labs, a San Francisco-based crypto gaming startup, has raised $10 million in seed funding to fuel its expansion and develop the World Engine, an open-source platform for web3 gaming. The company aims to leverage blockchain technology to revolutionize online gaming and empower developers to create customized gaming ecosystems with user-generated content.