Somnia and Uprising Labs Join Forces for Web3 Gaming Innovation

Deal News | Jan 29, 2025 | EIN

Somnia and Uprising Labs Join Forces for Web3 Gaming Innovation

Somnia, a leader in blockchain infrastructure, and Uprising Labs, a Web3 game publisher, have announced a groundbreaking partnership to advance the Web3 gaming ecosystem. Together, they are launching a six-month accelerator program aimed at equipping game developers with resources, mentorship, and funding to create innovative games utilizing blockchain technology. The initiative is backed by a $10 million grant from Somnia and is designed to expand the decentralized gaming space. Uprising Labs, known for developing mid-to-hardcore games for PC and console, will leverage its 'fun first' approach to support both emerging and established developers in transitioning to Web3. The accelerator will provide game studios with mentorship opportunities, funding assistance, and educational content covering various aspects of game development and on-chain integration. The partnership aims to introduce a club that empowers participants with resources, including networking opportunities, whitelist access, and insights into Web3 trends. Somnia's high-performance EVM Layer 1 blockchain, with capabilities like 400k TPS and sub-cent fees, forms the backbone of this initiative, enabling developers to produce scalable and immersive games. This collaboration marks a significant advancement in bringing mass-consumer gaming fully on-chain, furthering Somnia's mission in the gaming sector.

Sectors

  • Blockchain and Cryptocurrency
  • Gaming
  • Venture Capital and Innovation

Geography

  • United States – The article is sourced from New York, NY, indicating the geographical base of the companies involved in the partnership.

Industry

  • Blockchain and Cryptocurrency – The article involves blockchain technology as Somnia offers infrastructure solutions for on-chain gaming experiences.
  • Gaming – Uprising Labs and Somnia are collaborating on a gaming accelerator program, focusing on Web3 game development.
  • Venture Capital and Innovation – The article discusses a funding initiative, with a $10M grant backing the accelerator program for gaming innovation.

Financials

  • $10M – The amount of funding backing the six-month gaming accelerator program launched by Somnia and Uprising Labs.

Participants

NameRoleTypeDescription
SomniaBlockchain Infrastructure ProviderCompanyA blockchain company providing high-performance infrastructure aimed at supporting Web3 applications.
Uprising LabsGame PublisherCompanyA Web3 game publisher focused on developing immersive gaming experiences for PC and console.
Paul ThomasFounder of SomniaPersonPaul Thomas is the founder of Somnia, playing a significant role in its mission to enhance the gaming landscape with blockchain.