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Home » Mirror World a gaming studio based in Solana secures 12 million in funding
Mirror World a gaming studio based in Solana secures 12 million in funding
Mirror World a gaming studio based in Solana secures 12 million in funding

Mirror World a gaming studio based in Solana secures 12 million in funding

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By admin on 2024-06-18 Blockchain

Mirror World Labs, a gaming studio within the Solana ecosystem, has successfully secured $12 million in its first Series A funding round. The funding was led by notable investors including Bitkraft, Galaxy Interactive, Big Brain Holdings, and others, with a primary focus on advancing the development of their gaming project, Sonic.

Chris Zhu, the CEO and founder of Sonic, expressed excitement about the investment, stating, “For the past two years, we’ve collaborated with numerous games in the Web3 gaming space, assisting with monetization and integration.” He went on to reveal the company’s plans to utilize the funds to enhance the Sonic protocol by introducing features such as sandbox environments, customizable gaming elements, and flexible data structures. Additionally, Sonic aims to facilitate the inclusion of new developers into the Solana gaming ecosystem while also supporting existing game creators in utilizing the Sonic SVM and HyperGrid Framework, a deployment tool for integrating new game engines and virtual machines within the Solana environment.

Despite the success of Solana in the memecoin boom and decentralized applications market, the gaming sector has yet to achieve similar levels of prosperity. Developers are optimistic that the innovative Sonic protocol will empower them to deploy Solana Virtual Machine (SVM) chains to bolster their GameFi projects.

The Sonic protocol was officially launched on March 29 and has already been integrated into 50 gaming clients as initial distribution nodes. Games like Mahjong Meta, Matr1x Fire, and Seraph/ActozSoft have witnessed over 200,000 engagements during their gaming sessions following the incorporation of the Mirror World SDK.

Established in 2022, Mirror World Labs is dedicated to developing Solana gaming infrastructure across all aspects of the gaming lifecycle, from developer onboarding to technical solutions. With a total of $16 million raised in venture capital funding, the company is poised for further growth and innovation in the gaming industry.

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