In a game-changing move for the gaming industry, Oneness Labs has announced the successful closure of a $4 million seed funding round. This funding, backed by notable investors including the Dubai Ruling Family and Finewill, a joint venture of Wemade and Mirana Ventures, marks a significant step towards realizing Oneness Labs’ vision of seamlessly integrating Web2 and Web3 gaming.
What is Oneness Labs about?
Oneness Labs is pioneering the integration of Web2 and Web3 gaming through its innovative Oneness Matrix, the Modular Gaming-Intent BTC Layer 2. This groundbreaking technology aims to dissolve the boundaries between traditional gaming and blockchain-powered gaming, offering a transformative gaming experience.
Meet the Team Behind Oneness Labs
Led by Professor Harald Quintus Bosz from MIT, Oneness Labs boasts a team of esteemed alumni from top universities such as MIT, Stanford, and Columbia University. With a wealth of experience in developing multi-billion dollar consumer-grade games, this team is poised to drive innovation in the gaming industry.
Backers and Investors
The successful funding round saw significant contributions from influential investors, including the Dubai Ruling Family and Finewill. This demonstrates strong confidence in Oneness Labs’ vision and its pioneering Oneness Matrix.
Plans with the Investment
Oneness Labs plans to leverage the investment to further develop and launch the Oneness Matrix, slated for a beta release in Q2 2024. Additionally, the company aims to use the funding to publish its inaugural game by the end of 2024, strategically targeting the MENA market.
Benefits for the Industry
The integration of Web2 and Web3 gaming by Oneness Labs holds immense potential for the gaming industry. By offering a seamless, user-friendly interface, Oneness Labs aims to lure the 4 billion gamers worldwide into the vast possibilities of blockchain technology. This move has the potential to revolutionize how games are developed, published, and played.
A Bright Future for Web3 Gaming
Oneness Labs has already secured partnerships with globally renowned Mega game IPs, indicating a promising future for Web3 gaming. With an extensive portfolio of games scheduled for publication, Oneness Labs is poised to redefine the gaming ecosystem.
Conclusion
Oneness Labs‘ innovative approach to gaming, coupled with strong backing from investors, positions the company as a leader in the integration of Web2 and Web3 gaming. With a dedicated team and strategic partnerships, Oneness Labs is set to bring blockchain-enabled gaming to a global audience, revolutionizing the industry.
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FAQs
Q1. What is the Oneness Matrix?
The Oneness Matrix is the world’s first Modular Gaming-Intent BTC Layer 2, designed to seamlessly integrate Web2 and Web3 gaming.
Q2. How will Oneness Labs ensure fairness in blockchain-based games?
Oneness Labs is developing proprietary technologies such as the zk-VRP (Zero-Knowledge Variable Randomness Protocol), which ensures fairness of game assets and introduces new gameplay possibilities by securely generating and distributing random numbers within games.
