CCP Games Secures $40M for New AAA Game

CCP Games, the creators of EVE Online, have secured $40M in financing to build a new AAA title utilizing blockchain technology, set within the EVE Universe, according to a tweet from the company.

The Deets

The financing was led by Andreessen Horowitz (a16z), with participation from Makers Fund, BITKRAFT, Kingsway Capital, HASHED, Nexon, and additional participants.
The new title's production is separate from current and previously disclosed projects, including EVE Online.
The game will utilize smart-contract blockchain technology, focusing on persistence, composability and open third-party development.
The new title will enable the full-scale development of a new AAA title utilizing blockchain technology, set within the EVE Universe.

❗Why It Matters

The financing secured by CCP Games will enable the company to build a new AAA title that utilizes blockchain technology, which could set a new standard for the gaming industry. CCP Games EVE Online has already established an economy with millions of players and billions of items, potentially onboarding a major new group of participants to blockchain gaming.

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We can forge a new universe deeply imbued with our expertise in player agency and autonomy, empowering players to engage in new ways.Hilmar Veigar Pétursson

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Author Bio

Logan Hitchcock

NFT Analyst

Logan is a content lead at Lucky Trader and is best known for selling every good NFT far too early. He also maintains an irrational exuberance for clay-based NFTs.

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