Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, August 09 2022 - 18:00
AsiaNet
Gunzilla Games Raises $46M to Redefine the Battle Royale Genre By Letting Players Trade Their In-Game Items in "Off The Grid"
FRANKFURT, Germany, Aug. 9, 2022 /PRNewswire-AsiaNet/ --

Gunzilla Games, a AAA game studio, announced today that they have raised a 
total of $46M in their latest investment round. This new round of investment 
will allow the studio to build out their new platform called GunZ, empowering 
players by granting them complete ownership over their in-game possessions. 
GunZ will be the foundation for "Off The Grid" (OTG). One of the OTG's standout 
mechanics is "in-game item trading", the first game where players will be able 
to buy new in-game items from other players who collected them in the game or 
acquired them from each other. Trading will be handled via an internal 
blockchain based marketplace or any third-party marketplace which supports NFT 
technology. This investment round is led by Republic Capital. Other major 
participants include Griffin Gaming Partners, Animoca Brands, Jump Crypto, 
Raptor Group, CoinFund, Shima Capital, Dominance Ventures, GSR, Kucoin Labs, 
Spartan Investment Group, AlphaCrypto Capital, Blizzard, Digital Strategies, 
Morningstar Ventures, Gamegroove Capital, NGG and Huobi Group, who will also 
assist in maintaining the technical infrastructure of the project. Notable 
angel investor and advisor include Justin Kan, co-founder of Twitch.

Gunzilla assures gamers that they will never sell NFTs directly to their player 
community, nor will they hide progression or any game features behind a 
monetized paywall, the trading is entirely optional. Gunzilla believes that the 
GunZ platform has the potential to radically change the core gaming experience 
for players, and those not interested in trading are able to completely skip 
this feature and simply enjoy the full game for free without any limitations.

Vlad Korolev, CEO and Co-Founder of Gunzilla, explains: "We are striving to 
provide players with complete freedom in every detail of OTG, and with each 
step of its gameplay. In OTG additionally to the core gameplay, players will be 
able to own and trade their in-game items with other players.  As well as 
assure players that their hard-earned items remain theirs to keep, no matter 
what. In today's free-to-play games, if you pay for something, it isn't yours. 
You do not, and cannot, own anything. Anyone can read the EULA of any game to 
verify this. If you're banned, for example, any item can be taken away from 
you, even if your ban is accidental. When you stop playing any free-to-play 
game, the money you've put in also disappears. We are re-inventing the system, 
putting the power back in the hands of gamers, and are using blockchain 
technology to make this happen. With OTG and GunZ, we are creating a universe 
that will set a new standard for the industry."

Players will also be able to take their items out of the game. As the universe 
of OTG continues to evolve, gamers will discover new items each time they play. 
In-game items that players can trade will include the one-of-a-kind characters 
that players create themselves, custom weapons, clothing items and accessories.

This investment round follows the recent released teaser-trailer of Gunzilla's 
new game OTG, a AAA Battle Royale 2.0, third-person shooter, led by the 
studio's Chief Visionary Officer and Oscar nominee Neill Blomkamp. A 
free-to-play (F2P) title, OTG, that features a strong narrative focus with 
unique gameplay mechanics and is due for release across next-generation 
platforms in 2023.

Brian Johnson, a Senior Director of Republic Capital, said "The Gunzilla team 
is nothing short of stellar with industry veterans having contributed to games 
that many of us grew up playing. We believe that free-to-play reigns supreme 
and that by combining it with an optional Crypto component, Gunzilla will lead 
by example, marrying the Crypto and gaming worlds. There's no doubt that the 
future of Crypto gaming needs to involve next-gen consoles, and we believe 
Gunzilla will allow this to happen with ease."

Further information on OTG will be announced in the coming months. To make sure 
that you do not miss any updates, and for more information on Gunzilla and OTG, 
follow the studio (www.twitter.com/gunzillagames), Instagram 
(www.instagram.com/gunzillagames) and Facebook (www.facebook.com/gunzillagames).

About Gunzilla: 

Founded in 2020, Gunzilla Games is a fresh, independent AAA developer working 
on its next-generation multiplayer shooter IP in three metropolitan locations: 
Frankfurt, Germany (HQ); Los Angeles, USA; and Kyiv, Ukraine. The company is 
helmed by serial entrepreneur CEO, Vlad Korolev and CSO Alexander Zoll. 
Gunzilla is built on the desire to innovate and push the limits of the industry.

Gunzilla's formidable team of talent come from a variety of industry-leading 
studios and publishers, including Ubisoft, Electronic Arts (EA), THQ and more. 
Oscar-nominated screenwriter, director and producer Neill Blomkamp joined 
Gunzilla as Chief Visionary Officer. In addition, the team features industry 
veterans such as Richard K. Morgan, the author of the Altered Carbon series, 
which has since been adapted into an award winning Netflix show. Gunzilla's 
Chief Technology Officer Timur Davidenko led the development of CryEngine as 
Technical Director, and worked on Far Cry, Warface and Crysis. Art Director 
Jussi Keteli was involved in the iconic Gears of War series, Star Citizen, and 
Hunt: Showdown.

GUNZILLA™ is a trademark of GUNZILLA LLC.

"PlayStation," "PS4" and "PS5" are registered trademarks or trademarks of Sony 
Interactive Entertainment Inc. All other trademarks and trade names are the 
property of their respective owners.

Press Contact:
Heaven Media Limited on behalf of Gunzilla GmbH
gunzilla@heavenmedia.com

Heaven Media Limited
Olena Neskorodiana
PR & Communications Manager
Olena.Neskorodiana@gunzillagames.com
Phone Number : +33781495053

Logo - https://mma.prnewswire.com/media/1516928/Gunzilla_Logo.jpg

Source: Gunzilla GmbH
Translations

Japanese