Gunzilla Games receives 46 million euros

The gaming start-up plans to use the money to further develop its NFT platform.

Gunzilla Games, a game company, has secured about 46 million euros in fresh capital. The company made the announcement on Tuesday, as Gründerszene reported. The main investor was New York-based VC Republic Capital, which focuses on Web3, fintech and deeptech. In addition, Griffin Gaming Partners, Animoca Brands and Jump Crypto were among the investors from the gaming and cryptocurrency sectors that Gunzilla Games attracted. The co-founder of streaming service Twitch, Justin Kan, is another notable angel investor and advisor.

A German-Ukrainian team founded Gunzilla Games in Frankfurt in 2020. According to Gunzilla Games, the additional funds will be used for the development of its in-house NFT platform. Battle royale shooter Off the Grid, which was unveiled in May, will be the games company's first game, which will also serve as inspiration. Co-founder Vlad Korolev explained, "We're reinventing the system now and putting control back in the hands of the players."

In the past, however, players were often extremely upset with engineers for incorporating NFT features. Gunzilla, he said, guarantees players that the gameplay of "Off the Grid," scheduled for release in 2023, will not be affected by the NFT market. The new feature is voluntary, he said.