PR97359

FRANKFURT, Germany, Aug. 9, 2022 /PRNewswire=KYODO JBN/ --

Gunzilla Games, a AAA game studio, announced today that they have raised a

total of $46M in their latest investment round. This new round of investment

will allow the studio to build out their new platform called GunZ, empowering

players by granting them complete ownership over their in-game possessions.

GunZ will be the foundation for "Off The Grid" (OTG). One of the OTG's standout

mechanics is "in-game item trading", the first game where players will be able

to buy new in-game items from other players who collected them in the game or

acquired them from each other. Trading will be handled via an internal

blockchain based marketplace or any third-party marketplace which supports NFT

technology. This investment round is led by Republic Capital. Other major

participants include Griffin Gaming Partners, Animoca Brands, Jump Crypto,

Raptor Group, CoinFund, Shima Capital, Dominance Ventures, GSR, Kucoin Labs,

Spartan Investment Group, AlphaCrypto Capital, Blizzard, Digital Strategies,

Morningstar Ventures, Gamegroove Capital, NGG and Huobi Group, who will also

assist in maintaining the technical infrastructure of the project. Notable

angel investor and advisor include Justin Kan, co-founder of Twitch.

Gunzilla assures gamers that they will never sell NFTs directly to their player

community, nor will they hide progression or any game features behind a

monetized paywall, the trading is entirely optional. Gunzilla believes that the

GunZ platform has the potential to radically change the core gaming experience

for players, and those not interested in trading are able to completely skip

this feature and simply enjoy the full game for free without any limitations.

Vlad Korolev, CEO and Co-Founder of Gunzilla, explains: "We are striving to

provide players with complete freedom in every detail of OTG, and with each

step of its gameplay. In OTG additionally to the core gameplay, players will be

able to own and trade their in-game items with other players.  As well as

assure players that their hard-earned items remain theirs to keep, no matter

what. In today's free-to-play games, if you pay for something, it isn't yours.

You do not, and cannot, own anything. Anyone can read the EULA of any game to

verify this. If you're banned, for example, any item can be taken away from

you, even if your ban is accidental. When you stop playing any free-to-play

game, the money you've put in also disappears. We are re-inventing the system,

putting the power back in the hands of gamers, and are using blockchain

technology to make this happen. With OTG and GunZ, we are creating a universe

that will set a new standard for the industry."

Players will also be able to take their items out of the game. As the universe

of OTG continues to evolve, gamers will discover new items each time they play.

In-game items that players can trade will include the one-of-a-kind characters

that players create themselves, custom weapons, clothing items and accessories.

This investment round follows the recent released teaser-trailer of Gunzilla's

new game OTG, a AAA Battle Royale 2.0, third-person shooter, led by the

studio's Chief Visionary Officer and Oscar nominee Neill Blomkamp. A

free-to-play (F2P) title, OTG, that features a strong narrative focus with

unique gameplay mechanics and is due for release across next-generation

platforms in 2023.

Brian Johnson, a Senior Director of Republic Capital, said "The Gunzilla team

is nothing short of stellar with industry veterans having contributed to games

that many of us grew up playing. We believe that free-to-play reigns supreme

and that by combining it with an optional Crypto component, Gunzilla will lead

by example, marrying the Crypto and gaming worlds. There's no doubt that the

future of Crypto gaming needs to involve next-gen consoles, and we believe

Gunzilla will allow this to happen with ease."

Further information on OTG will be announced in the coming months. To make sure

that you do not miss any updates, and for more information on Gunzilla and OTG,

follow the studio (www.twitter.com/gunzillagames), Instagram

(www.instagram.com/gunzillagames) and Facebook (www.facebook.com/gunzillagames).

About Gunzilla:

Founded in 2020, Gunzilla Games is a fresh, independent AAA developer working

on its next-generation multiplayer shooter IP in three metropolitan locations:

Frankfurt, Germany (HQ); Los Angeles, USA; and Kyiv, Ukraine. The company is

helmed by serial entrepreneur CEO, Vlad Korolev and CSO Alexander Zoll.

Gunzilla is built on the desire to innovate and push the limits of the industry.

Gunzilla's formidable team of talent come from a variety of industry-leading

studios and publishers, including Ubisoft, Electronic Arts (EA), THQ and more.

Oscar-nominated screenwriter, director and producer Neill Blomkamp joined

Gunzilla as Chief Visionary Officer. In addition, the team features industry

veterans such as Richard K. Morgan, the author of the Altered Carbon series,

which has since been adapted into an award winning Netflix show. Gunzilla's

Chief Technology Officer Timur Davidenko led the development of CryEngine as

Technical Director, and worked on Far Cry, Warface and Crysis. Art Director

Jussi Keteli was involved in the iconic Gears of War series, Star Citizen, and

Hunt: Showdown.

GUNZILLA™ is a trademark of GUNZILLA LLC.

"PlayStation," "PS4" and "PS5" are registered trademarks or trademarks of Sony

Interactive Entertainment Inc. All other trademarks and trade names are the

property of their respective owners.

Press Contact:

Heaven Media Limited on behalf of Gunzilla GmbH

gunzilla@heavenmedia.com

Heaven Media Limited

Olena Neskorodiana

PR & Communications Manager

Olena.Neskorodiana@gunzillagames.com

Phone Number : +33781495053

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Source: Gunzilla GmbH