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Seattle’s Neon Machine has secured $20 million in Series A funding , helmed by Polychain Capital, to advance development of its blockchain-integrated shooter game, “Shrapnel.” Seattle-based game studio Neon Machine recently announced a $20 million influx from Series A funding led by Polychain Capital with participation from Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures and Tess Ventures. The funding is earmarked for the continued development of “Shrapnel,” a first-person shooter game, at what the company identifies as a “critical time,” as they gear up to release an early-access version in December, with a full launch slated for 2024. Can you survive? Can you extract? Jump into Early Access with pre-launch content from your EXTRACTION PACK. For sale now on:https://t.co/FhyttO0Gsn Limited availability. https://t.co/SWfneijjVC pic.twitter.com/D1T22DxIPn — SHRAPNEL (@playSHRAPNEL) October 23, 2023 Originally part o...

Billionaire Tim Draper, a crypto supporter, has launched Draper Goren Blockchain (DGB), a venture studio focused on decentralized finance (defi) technologies, layer-2 scaling, and user-friendly crypto applications, including gaming and social platforms. Draper is collaborating with Alon Goren and David Bleznak–both are crypto industry veterans. Bleznak, a former partner at Draper Goren Holm, has a diverse portfolio, including leadership roles at Totle, Coinbase, LunarCrush, and Ownera. Goren outlined Draper Goren Blockchain’s strategy to build lasting partnerships instead of following traditional accelerator models. They commit to supporting each backed company for a decade, investing $25,000 to $100,000 in early-stage startups. Additionally, DGB plans to collaborate directly with selected entrepreneurs to incubate new companies. You might also like: Tim Draper pushes bitcoin price estimate to $250k by 2025 Despite his frustration with the current U.S. ...