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Anvi Saini
Anvi Saini
Nov 16, 2023
News

Bazooka Tango Secures $5 Million Funding to Revitalize 'Shardbound' as NFT Game

Bazooka Tango's $5 million funding marks a pivotal moment in the evolution of Shardbound, propelling the NFT game from its Web2 origins to the forefront of Web3 gaming innovation.
Bazooka Tango Secures $5 Million Funding to Revitalize 'Shardbound' as NFT Game

In a development, at the intersection of technology and the gaming industry, Bazooka Tango, a game studio created by former Vainglory developers has successfully raised $5 million in a recent funding round led by Bitkraft Ventures. This financial boost will provide support to Bazooka Tango's plans for their highly anticipated NFT game, Shardbound, which is set to launch on the Immutable zkEVM network.

Strategic Funding Backing;

Bazooka Tango's accomplishment of securing $5 million in funding showcases the resilience and excellence of their game development endeavours. The funding round, led by Bitkraft Ventures and with participation from RW3 Ventures, Sfermion and 1Up Ventures demonstrates confidence in Bazooka Tango's vision for Shardbound and its potential impact on the gaming landscape.

Originally conceived by developers at Spiritwalk Games' Shardbound underwent a revival under Bazooka Tango's leadership. The game combines elements of an NFT trading card game with a turn-based player-versus-player RPG experience on a board. Despite challenges such, as art assets Bazooka Tango's efforts position Shardbound to transition from the Web2 era to the dynamic realm of Web3 gaming.

Shardbound's journey began back in 2017 when Spiritwalk Games launched a Kickstarter campaign that managed to raise around $150,000. Although the initial version only reached the " access" stage it later transitioned to Bazooka Tango. 

Thoughtful Allocation of Funds;

Bazooka Tangos CEO, Bo Daly highlighted the use of the funding especially in terms of expanding their studio team. This injection of capital will prove crucial for disciplines needed to launch and grow the Shardbound universe. Daly stated, “Our focus lies on expanding our team across disciplines for launching and growing the Shardbound universe.”

The success of this funding round amidst a VC funding landscape not only speaks to Bazooka Tangos game quality but also reflects industry confidence in Shardbound's potential success. The participation of players like Bitkraft Ventures, RW3 Ventures, Sfermion and 1Up Ventures further validates Bazooka Tangos direction.

Moving Forward;

With millions secured in funding Bazooka Tango has made progress, towards ensuring Shardbounds completion and success. Bazooka Tango has managed to attract a roster of individuals including executives, from gaming companies like Apple, Disney and Electronic Arts. 

Additionally, they have also hired developers from studios such as 2K, Sledgehammer Games and Pocket Gems. These strategic additions are expected to contribute to the success of Bazooka Tango as they continue their efforts, in finalizing and launching Shardbound on the zkEVM network.

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