Decentralized games blockchain platform Murasaki secured €1.5M seed funding

Murasaki, a Netherlands-based game studio building decentralized games on the blockchain, closed a €1.5 million seed funding round.

Murasaki is founded by the Shunsuke Sasaki, and Shinnosuke Murata. It has developed Cyberstella, an NFT-focused game with a new take on the play and earn model, which is set for release in early 2023. Moreover, an NFT and official token launch will follow the beta version release in late 2022.

Shinnosuke Murata, Murasaki's CEO and Co-Founder, said, "I was attracted to blockchain technology, which allows consensus building without racial or national boundaries, and founded Murasaki in February 2022. This investment round is incredibly exciting for us, as it will allow us to further develop our assets and optimize the beta version of Cyberstella, adding new features, worlds, missions and environments. We are also planning to develop a subsequent title as well. We can't wait for people to discover what playing a blockchain title is really like."

Keisuke Wada at Incubate Fund said, "We are thrilled to partner with the Murasaki team, formed by two experienced Japanese entrepreneurs, Mr Murata and Mr Sasaki, in taking on the Game-Fi challenge. We look forward to transcending national borders and pioneering an ever-evolving frontier."

The round was backed by the Incubate Fund, a Japanese Venture Capital Firm specializing in seed stage investing.

The company, as of now, has plans to use the new funds to strengthen its commitment to developing the next gen of decentralized, community-powered games.