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Summoners Arena, Vietnam’s NFT game secures $3M from Krafton’s CEO

Summoners Arena is a visually stunning idle-RPG accessible on iOS and Android, developed on the Binance Smart Chain created in 2021 by Hung Tran.

Summoners Arena Raises $3m in Round Backed by Krafton CEO

Summoners Arena is a blockchain-based fantasy game. It has received US$3 million in seed funding in a round spearheaded by Pantera Capital, which saw participation from CEO of PUBG creator Krafton, Chang-Han Kim, and Coinbase Ventures.

Summoners Arena was created by gaming companies OneSoft, Zitga, and Sonat. The game combines traditional and blockchain gaming aspects with one-of-a-kind NFTs that may be utilised to fight in-game.

The game will be released in two versions: the free-to-play (F2P) and the play-own-earn (POE) versions, similar to the blockbuster game Axie Infinity that allows players to develop eventually own their digital assets. Those who switch from the F2P version to the POE version can claim free features and characters.

Summoners Arena was created in 2021 by Hung Tran. He is also the Chief Executive Officer of ABI Game Studio and a OneSoft co-founder.

The fresh capital will be used to expand its gaming universe and employ new recruits across all functions. Other participants of the round include Mirza Uddin from Injective Labs, Kyros Ventures, Kyber Ventures, Impossible Finance, Spartan Group, Istari Ventures, Coin98 Ventures, Cosmic Guild, Merit Circle, GuildFi, and Onechain Technology.

Summoners Arena is a visually stunning idle-RPG accessible on iOS and Android. Developed on the Binance Smart Chain, it has now been updated to a blockchain and NFT-based game.

Summoners Arena was created from an already-established game that attracted a solid user, meaning it has extensive expertise in community building, visuals, narrative, and character creation. 

Summoner Arena’s play-first strategy prioritises quality gameplay and user experience, which makes it stand out from the typical earn-first P2E model used by other GameFi initiatives.

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