Curio Raises $2.9M in Seed Funding

Curio Research, a San Francisco, CA-based provider of an on-chain gaming lab building crypto Web3 games, raised $2.9M in Seed funding.

The round was led by Bain Capital Crypto, with participation from TCG Crypto, Formless Capital, Smrti Lab, Robot Ventures, and angel investors.

The company intends to use the funds to build new games that will unite web3 capabilities, design and create seamless experiences, onboard players, and expand its development and design team in San Francisco and remotely.

Founded in 2022 by engineers and gamers Kevin Zhang and Yijia Chen, Curio is building Web3 games that create benefits for gamers beyond simple financial incentives. Its on-chain games are powered entirely by smart contracts, which create a multiplayer computation that enables all participants to contribute to a shared universe of code and data. This allows for maximum transparency and leads to games built entirely by players’ creativity and content.

The company’s first game, Treaty, launched in January 2023, allows players to write and deploy smart contracts – called Treaties – to draft rules around how they interact with other players in the game. Players are free to build any tooling, infrastructure, or application they wish, such as custom asset marketplaces, lending primitives, guilds, and more.

FinSMEs

21/02/2023