Auto Legends Secures Major Investment to Enhance Web3 Drag Racing Experience
Auto Legends, an innovative social drag racing game built on Web3 technology, has successfully raised an additional $1 million from Coinbase Ventures’ Base Ecosystem Fund. This investment is part of a larger financing effort that totals $9 million, enhancing the existing round which already includes $8 million.
Key Investors and Financial Support
The financing round attracts notable investors such as Operating Group and Draper Dragon, highlighting the growing interest in engaging games within the blockchain realm.
Aiming for Automotive Culture Integration
Designed to emulate the exhilarating journey of car enthusiasts, Auto Legends offers numerous avenues for players to achieve legendary status in automotive culture. Players can immerse themselves in diverse activities—be it racing against rivals, collecting rare vehicles, managing teams, hosting competitions, tuning cars with aftermarket parts or even operating their own dealerships.
NFT Launch to Reward Early Supporters
This latest capital influx will bolster Auto Legends’ drive to offer a high-stakes gaming experience reflective of genuine car culture. The game recently unveiled its first-ever NFT minting event that provides initial supporters unique in-game benefits.
The fundraising initiative is integral as Auto Legends strives toward creating engaging experiences within competitive virtual racing environments that resonate with both avid racers and casual gamers alike.
A Legacy of Game Development Expertise
Boasting a talented team composed of industry veterans from renowned gaming studios—with previous hits collectively attracting more than 65 million players—Auto Legends aims to set new standards in Web3 gaming by delivering visuals and mechanics typically associated with triple-A titles.
“We take pride in supporting a team that consistently creates stunning racing experiences capable of capturing gamers’ imagination,” stated Shan Aggarwal, Vice President at Coinbase Ventures. “We’re excited about Auto Legends’ potential growth within the Base ecosystem.”
Enhancing Gameplay and Player Engagement through Expertise
To further its ambitions for growth and refinement in gameplay experience, Scott Probin has joined the Auto Legends team. With over three decades working on acclaimed titles such as Need for Speed Underground and For Honor among others, his extensive expertise will be crucial for smoothly transitioning Web2 players while enriching player-owned economies inherent within this new platform.
“Scott’s vast knowledge coupled with his lifelong passion for cars will enable us to create a game environment that resonates deeply with fans,” remarked Peter Pham, CEO of Auto Legends. “Our vision focuses on making our game competitive yet accessible—catering effectively to both traditional Web gamers as well as newcomers attracted by blockchain opportunities.”
The Development Team’s Strong Foundation
The driving force behind Autoverse Studios is Justin Choice—the executive chairman who previously founded Cie Games (notable titles include Car Town). He reunited former colleagues from top-tier companies like Riot Games and EA Sports—a testament to their rich history within mobile racing frameworks attempting another iconic venture into automotive entertainment gaming space…
Cie Games designed popular games including Nitto 1320 Legends contributing towards amassing over 140 million users across various platforms:
- A collaborative effort aimed at establishing immersive vehicle ownership dynamics grants players opportunities not only purchase vehicles limited similarly against real-world counterparts but also furnish them realistically using aftermarket enhancements ensuring attractive customization allows showcasing these masterpieces during events.
- Dive into thrilling head-to-head races where victory means recognition along leaderboard ranks accompanied by lucrative rewards while simultaneous risk may lead losses via nail-biting ‘pink slip’ challenges!
Create Thrilling Experiences Through Exploration!
If performance isn’t enough? Expand your horizons across Southern California landscapes engaging varied race types enriching experiences while earning XP (PVE) & fan followings (PVP), cash prizes ultimately propelling goals unlocking premium garages/hardware catering next-level competitiveness leading endless customizations promotion accelerating player satisfaction!