Acid Labs has raised $8M in funding to expand its portfolio of web3 games on Telegram.
Led by A16z Speedrun and NFX, with additional backing from Fusion VC, the studio aims to support the development of instant-play blockchain games with chat applications like Telegram, Discord, and WhatsApp.
The new funding will enable Acid Labs to expand its offerings and refine its technology to reach a broader audience.
Source: Acid LabsWhat is Acid Labs?
Acid Labs is a game development company specializing in integrating web3 elements into chat-based gaming.
The company focuses on leveraging the built-in social engagement features of messaging platforms to enhance user experience. By embedding games directly into apps like Telegram, Acid Labs reduces friction in onboarding new players and increases accessibility.
Jonn Weinberg, CEO of Acid Labs, has a background in gaming and digital entertainment. His previous venture—Fuse.tv—was acquired, showcasing his expertise in scaling digital platforms. With the growing trend of social gaming, Acid Labs aims to make blockchain-based games more accessible to mainstream audiences.
Source: Acid LabsWhere will the $8M funding be used?
The $8 million investment will primarily be used to expand Acid Labs’ game portfolio, with a continued focus on Telegram-native games. The company is also exploring opportunities to bring its chat-based games to other platforms like Discord and WhatsApp, broadening its market reach.
Additionally, Acid Labs plans to integrate blockchain features in a way that enhances the gaming experience without adding unnecessary complexity. The company is also investing in AI and data analytics to improve game design, player retention, and engagement. By refining its approach to web3 gaming, Acid Labs seeks to create seamless and enjoyable gaming experiences for a wider audience.
With the continued evolution of web3 gaming, Acid Labs is positioning itself as a key player in the space, ensuring that blockchain-based games are both accessible and engaging across social messaging platforms.
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