Farcana Raises $10 Million for NFT Esports Shooter That Pays Out Bitcoin

The Farcana team has raised $10 million in seed funding from Animoca Brands, Polygon Ventures, Fenbushi Capital, Merit Circle, and others to further develop its third-person multiplayer shooter game, Farcana has shared exclusively with Decrypt. Rarestone Capital, MMPro Trust, Unpopular Ventures, Kapo Capital, Emchain, Hasu Capital, and Dravus Investment also participated in the round. Within the game’s lore, Farcana is an ongoing tournament trial of sorts where players with Axelar-induced powers compete for glory. “We believe Farcana has the potential to be the next iconic blockchain game and continuously bring new users to Web3,” Fenbushi Capital Investment Director Clarence Zhou said in a statement. “We have been working with Farcana over the past year and we’ve been impressed with the development and traction it’s received so far,” said Animoca Brands co-founder and chairman Yat Siu. Farcana shares some similarities to a game like Blizzard’s Overwatch, but with smaller, walled maps and game modes that are reminiscent of Riot Games’ Valorant. The story of Farcana takes place in a near-future world where humanity has left Earth for Mars and discovers a superpower-granting substance called Axelar.