Web3 Gaming Studio Sugareverse closes a successful financing round of US $
Sofia, Bulgaria, March 14, 2025 – SugarThe innovative games studio for the creation of sustainable and rewarding economies within the game, has achieved a landmark by closing a million -dollar financing round. The money collected during the tour will be used by Sugarverse to continue its mission to revolutionize Blockchain games by developing games that reward loyal players through a unique sustainable reward model. The studio also announced today that the first informal web3 games for mobile phone, SugarIt will be launched on Tezos Layer 2, EtherlinkThis summer.
Web3 games have witnessed a rapid growth but also facing great challenges, especially in the sustainability of inside the game. After launching more than 10 successful web2 games, and collectively with a player’s base exceeding 60 million people, Sugarvert takes advantage of its extensive experience in mobile games and implementing a model that guarantees fair and continuous rewards for the players.
“Our goal is to create an economy in the game that is not only equivalent to adopters early but provides a long -term value to all players,” said Nikolai Mitif, co -founder and executive director of Sugarverter. “Many Web3 games are struggling with the low value of the distinctive symbol and unusual rewards.
Sugar Match will be the first game to be released after the transition of Sugarverse to become the Web3 Studio, the first in an epic of five games of web3 unofficial games designed to bridge the gap between traditional games and Web3.
Mitev added: “Mobile games are the fastest growing sector, and we believe that web3 games should be available and easy to play.” “Our approach reduces the barriers that prevent entry, allowing players to participate first and explore the Web3 features organically.”
Sugarvert financing will be directed to address three major challenges in Web3 games:
- Improving play and sharing -Sugarvert gives the priority to fun and sharing with a high -quality game design and data -based improvement, unlike many Web3 games that focus only on Blockchain mechanics.
- Smooth – Players can start immediately using guest mode, and retreat to Web3 gradually features for smooth transition and higher dependence.
- Sustainable rewards model -Recompaid the online poker, Sugarvert guarantees the economy long -term rewards, and avoid the decline that was seen in traditional play models
“Sugarverse experience in mobile games brings a familiar and accessible approach to WEB3. Sugar matching on ETHERLINK is a natural step in expanding the Enzos environmental system with more unofficial games experiences.”
The launch of sugar matches on Etherlink comes at a moment of expansion of the rapid ecosystem on Tezos Layer-2. The players in the sugar match will benefit from the times of rapid transactions in Etherlink and low fees, as well as the inherited security governance model and decentralized models of Tezos L1.
“This financing is just the beginning of our journey towards making web3 playing a major success. Mitev concludes that our society is growing quickly, and we are excited to share more details about the next coming games soon.”
For more updates on SUGARVERSE, please visit https://www.sugarverse.io or join the community https://x.com/real_sugarver.
About sugar
Sugarerse builds a unique epic with 5 integrated mobile games with self -gameplay and condensation and gain the economy, as players can control their games experience using the original distinctive symbol.
About etherlink
ETHERLINK is a non -guardian Blockchain, compatible with EVM 2 Blockchain supported by Tezos Smart Rollups. Etherlink without permission, inherits the Tezos 1 layer technology, features an invoices, defrauding, and censorship resistance. https://www.etherlink.com/
About tezos
Tezos is an open source and energy -efficient Blockchain designed to enable institutions, developers and companies and facilitate the transfer of value in a digital environment. It is designed for developed deployment for decentralized applications. As one of the first evidence of Blockchains, Tezos is supported by a global level and resides for its strong management, the vivic of long -term upgrade, and the capabilities of smart contracts. For more information about Tezos, please visit http://www.tezos.com.
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