ZKcandy Secures $4M in Private Round to Revolutionize Web3 Gaming

ZKcandy, the first Layer 2 real gaming blockchain based on ZKsync, has completed a $4 million private offering round. This comes after the open- test net phase for ZKcandy recorded good growth, attracting over 2.4 million wallets within two weeks. The funding will position ZKcandy strategically in the Web3 gaming market by advancing technological execution and user interface designs. It also supports preparations for its mainnet launch in the first half of 2025.

The round was completed by well-known investors such as Wemix Pte. Ltd., Animoca Ventures, Spartan Group, Perlone Capital, Spartan Group, Animoca Brands, Prometheuz Lecca Ventures, Presto Labs, Flowdesk, and Efficient Frontier. Other participants included Angel Investors and early contributors from Stacks, Analog, Mittaria, Xangle, and Trading Strategies.

Sponsored

class="wp-block-heading">ZKcandy Improves the Web3 Gaming Ecosystem

The ZKcandy is set to be positioned within the Web3 gaming industry as the Layer 2 chain for game-centric solutions originating from a large game studio. Based on iCandy Interactive game developer in South East Asia, the platform is being launched with a team that has significant experience in the game industry and has shipped over 500 games with an audience of more than 300 million active players.

The funding will be used to create new product enhancements, grow partnerships, and acquire AAA game titles and other licensed properties. Currently, ZKcandy has over 25 game titles under development, including a Tier-1 Hollywood IP- licensed game.

Driving Innovation Through zk Rollup Technology

ZKcandy relies on zk rollup technology built upon the ZKsync protocol to ensure the ideal blockchain analytics for gamers and developers. The platform design makes the integration of blockchain by developers easy while the player experience is efficient and rewarding in the form of virtual assets.

Lau Kin Wai, CEO of ZKcandy, said that the funding is a major step toward achieving its vision of offering Web3 gaming to a wider public. He reinforced the company’s focus on securing high-quality games and IPs while building and sustaining a healthy and ever-growing community.

By prioritizing user-friendly experiences and robust technology, ZKcandy aims to convert its early momentum into sustained growth, further solidifying its position as a leader in the Web3 gaming sector.