Video game developer Poxowl, the developer of games such as Garfield: Survival of the Fattestand Goosebumps HorrorTown, announced it closed a $2.5 million USD investment round for the upcoming blockchain-based iteration of its popular game, The Sandbox. The franchise already has over one million daily active uses (mostly in South Korea), and this expansion is expected to bring even more players.
Parent company Animoca Brands explains the game developers are integrating support for Klaytn, the blockchain platform developed by Kakao, to support KakaoTalk’s 220+ million users. KakaoTalk is the most popular messaging app in South Korea, with over 90 percent market penetration and nearly 50 million monthly active users.
Integration with this platform opens The Sandboxto a massive audience and positions it to compete with other blockchain-based game platforms like Decentraland and World of Ether. And the Korean market loves gaming and crypto, which may be one reason for Hashed, the round’s lead investor, to be excited.