Param Labs, a gaming infrastructure developer, secured $7 million in funding to address the lack of underlying infrastructure in Web3 gaming. The investment round, led by Animoca Brands and other firms, will support the development of modular gaming ecosystems like Param, which allow developers to build games using modular components. With a focus on digital property rights and mainstream adoption, Param Labs aims to redefine the gaming landscape and create a truly open metaverse.
Keyword: Param Labs, gaming infrastructure, Web3 gaming, blockchain integration, mainstream adoption, digital property rights, modular gaming ecosystems
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Last edited on: May 16, 2024 at 10:54 pm