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Web3 Social Game Forgotten Playland Completes $7M in Seed Round
Web3 social game Forgotten Playland announced the completion of a $7 million seed round of financing, with participation from Merit Circle, Spartan Group, C2 Ventures, Paper Ventures, and others. Forgotten Playland is scheduled to be released in the first quarter of 2024 and will include a series of mini-games, with Bump-A-Ball and Jungle Rumble already confirmed, with more in development. Forgotten Playland is understood to have more than 25 employees.
“Forgotten Playland is a project close to our hearts. Co-developing our own game is a dream come true, and we’re thrilled to make it the flagship game of the Merit Circle DAO. Our vision extends beyond the game, as we believe there are numerous opportunities with the IP of Forgotten Playland. We invite you to explore the attic, the homeland of our forgotten toys, and enjoy the upcoming minigames,” says Marco van den Heuvel, CGO at Merit Circle.
Similar remarks were made by Danish Chaudhry from Paper Ventures, who added that the Forgotten Playland has a promising future to redefine player engagement. Moreover, the Forgotten Playland core developers have years of experience in building reputable games with a high volume of online presence, thus promising more products are in the pipeline, especially after securing crucial funding.
Forgotten Playland’s Social Hub
With several products in the pipeline, the Forgotten Playland team is confident the ecosystem will grow exponentially in the coming years. Moreover, the web3 gaming industry has been identified as the best candidate to onboard millions of people into the blockchain ecosystem and the digital asset space. Additionally, the company has already recorded significant initial success in the beta products that were teased during the Merit Circle DAO’s community event in Amsterdam, the Netherlands.
The company uses the Social Hub, a dynamic and interactive online space, to allow players from different parts of the world to socialize freely. With high customization of the players’ characters, Forgotten Playland is confident the Social Hub will continue to buzz with engaging activities.
Little over a month ago, we shared our very first teaser that displays a perfect glimpse in the world of the Plushies
Wander around the Social Hub where you meet your fellow Plushies, and find the gamers to challenge 🏆https://t.co/VsR2K1Pojs
— Forgotten Playland (@ForgotPlayland) January 29, 2024
The Bumb-A-Ball minigame involves two to four players who try to knock off each other on a wooden table platform that is constantly being reduced by saw blades, thus increasing the difficulty. The winner is obviously determined by the last player standing.
The other minigame is the Jungle Rumble, which allows players to navigate a jungle-themed online world. Notably, players in this minigame have to dodge different obstacles including smashing hammers, blowing fans, and fire-spitting dinosaurs. Similarly, the last player standing gets to become the winner.
Web3 Social Game Forgotten Playland Completes $7M in Seed Round
