In Brief:
Cambria has successfully raised an additional $2 million in a funding round led by Bitkraft Ventures and Sky Mavis.
The additional funds will be used to enhance Cambria’s web3 MMO, including the roll-out of Gold Rush Season 3.
Notably, Cambria’s Gold Rush Season 2 saw players staking a total of $1.5 million, while Duel Arena has seen over $145 million in wagered amounts.
Cambria has successfully garnered an additional $2 million through a strategic investment round. Spearheaded by Bitkraft Ventures and Sky Mavis—the creators behind the famed Axie Infinity—this new capital infusion aims to significantly scale Cambria’s web3 MMO offerings. Esteemed crypto personalities including Moe (@Yassuo) and Zeneca.xyz (@Zeneca), among others, joined as investors, drawn by Cambria’s innovative gaming model.
This injection of funds is set to bolster the development of Cambria’s high-stakes, on-chain gaming modes, and specifically aid in the upcoming launch of Gold Rush Season 3 scheduled for November.
Game Modalities and Economic Success
Cambria has pioneered intricate on-chain economies and risk-based gameplay, pushing the boundaries of decentralized gaming environments. Gold Rush Season 2 drew participation from over 4,500 concurrent players, risking a collective $1.5 million—an eightfold increase from its debut season. Additionally, Duel Arena, another of Cambria’s offerings, has generated a staggering $145 million in wagers, becoming a vital crypto-native social platform.
In light of Cambria’s growth and potential, Jeff “Jihoz” Zirlin, co-founder of Sky Mavis, highlighted the exceptional vision of the Cambria team: “Thrilled to back @cyberpunk and the @playcambria team here. Very few have the conviction to double down on gaming here. Congrats to everyone involved. Cambria has consistently shown their ability to innovate, create new mechanics, and drive massive volume.”
An Overview of Cambria’s Gaming Universe
Set against a medieval fantasy backdrop, Cambria’s blockchain MMORPG merges classic MMO gameplay with cutting-edge decentralized finance technologies. This unique blend enables a PvPvE setting where players can engage economically and harvest real cryptocurrency rewards based on their in-game achievements. Inspired by legendary online RPGs like RuneScape and Ultima Online, Cambria focuses on a player-driven economy where different roles, from warriors to tradespeople, actively contribute to and benefit from the game’s economic loop.
Supporting Assets and Future Directions
The game’s ecosystem is further enhanced by various NFT collections, holding a combined market capitalization near $5.3 million. These include the Cambria Founders, Cambria Cores, and Cambria Islands collections, each providing utilities and perks that enrich player interactions and growth within the game.
As the Cambria team prepares for the third season of Gold Rush and considers introducing new game mechanics and maps, the future looks promising. With the new round of $2 million in funding, Cambria is well-poised to expand and refine its ambitious blockchain gaming platform.
