Coinbase employees have launched a new startup, NPC Labs, with the aim of revolutionizing gaming on the blockchain. The company recently secured a substantial $21 million in funding, led by prominent investors such as Pantera Capital, Makers Fund, and Hashed. This investment will fuel NPC Labs’ mission to bring the next billion gamers into the world of blockchain gaming.
NPC Labs is building B3.fun, a groundbreaking platform designed to make on-chain gaming accessible and enjoyable for both developers and players. By leveraging the power of Base, Coinbase’s Layer 2 network, B3.fun, offers near-instant and cost-effective transactions, creating a seamless gaming experience.
this small team of NPCs is immensely grateful to our VCs and 100+ angels for believing in our onchain gaming vision to bring economic freedom to gamers and game developers.
thanks @VentureBeat and @deantak 🎮https://t.co/L5e40hhDGY
— b3 labs (@b3labs_) July 22, 2024
The startup’s founders, who previously held key roles in Coinbase’s Layer 2 project Base, bring a wealth of experience and knowledge to the table. Their goal is to simplify the process of building and launching games on the blockchain, providing developers with the tools and support they need to succeed.
With this significant funding boost, NPC Labs is well-positioned to accelerate its development efforts and expand its reach within the gaming community. The company’s vision is to create a thriving ecosystem where gamers can enjoy their favorite titles while also benefiting from the unique opportunities offered by blockchain technology, such as digital ownership and interoperability.
As the gaming industry continues to evolve, NPC Labs is poised to play a pivotal role in shaping the future of blockchain gaming. By combining cutting-edge technology with a deep understanding of the gaming landscape, the company aims to unlock the full potential of this rapidly growing sector.
