Friday, October 18

Huobi Ventures has invested in blockchain GameFi project Land of Conquest. Huobi Ventures is a subsidiary of Huobi Group, who are famous for their Huobi Global cryptocurrency exchange, which ranks amongst the top ten exchanges worldwide.

Huobi Ventures

Huobi Ventures invests globally in blockchain and crypto projects. The leading crypto VC has set a target to deploy $100 million into funding early-stage blockchain companies within three years.

Huobi has signed on as lead investor in the Land of Conquest game, joining other investors Mirana Ventures, PopFun, CCV, C2, New Start Ventures, NGC Ventures, K300 Venture and CryptoPhd.

Ray Lee, Land of Conquest co-founder and blockchain industry veteran, said:

“The Land of Conquest team is strongly focused on providing a fun gaming experience, and also pushing forward as quickly as possible to bring highly engaging play-to-earn content to market.”

The gaming firm said that it will use part of the recent investment by Huobi to ensure the successful launch of the game. A closed beta scheduled to launch in August.

“We have every expectation that it will be a smash hit!” Ray said.

The gaming firm confirmed that around 90 percent of the coding is complete. The game already has a combined community of over 97,000 enthusiastic supporters across Twitter, Discord and Telegram who are eager to start playing.

“We are impressed to see Land of Conquest attract such wide pre-launch support, and excited to see them grow. They have a solid play-to-earn game premise with proven market potential, and more importantly, all signs point toward this game actually being very fun to play. For these reasons, we believe that Land of Conquest will do very well in the GameFi space,” said a representative from Huobi Ventures.

Land of Conquest, The Next-Gen MMOSLG Sensation

Land of Conquest is an upcoming play-to-earn MMOSLG game poised to take the GameFi industry to the next level. As an MMO simulated life game, thousands of players will interact and play the game together in numerous semi-realistic ways. The game is set in an apocalyptic wasteland in which players can construct their own bases, produce goods, train up heroes and battle other players’ characters and hostile NPCs.

Land of Conquest is being built by a team with more than 10 years of game development experience. Both Lee and Wong have been actively following the GameFi scene since its beginnings in 2018, and have positioned Land of Conquest to fill a strong demand for higher-quality gaming ecosystems in the space.

NFTs play an important part in Land of Conquest, being used to represent multiple important in-game assets including land, heroes and mechs, which are extra attribute bonuses used to strengthen the players’ fortresses.

Players who own heroes can engage in exciting PvP combat scenarios, earning tokens and NFTs in turn. They also buy into the game itself by owning land, recruiting and working with new gamers to develop the land and harvest resources. Uniquely, the game also boasts a free-to-play business model, allowing new players to engage in PvE combats without any up-front fees.

Amore Wong, game producer of Land of Conquest, said:

“Players will have so many different play-styles and strategies to try out. As they chat and interact with each other, they will be more inclined to explore creative approaches to gameplay, which will ultimately give players a sense of ownership of the game. We’re especially excited to see players form alliances, leading to alliance wars with groups of alliances supporting each other in world-spanning conflicts.”

Read Also: Crypto Gaming Startup Revoland Bags $10.6M

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Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

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