Yomi Games raises $2 million to become the "Zynga of Crypto"

Will develop play-to-earn casual social games to be more accessible for those entering crypto gaming

Date Type Companies involved Size
April 20th, 2022 investment Yomi Games $2m
Yomi Games raises $2 million to become the "Zynga of Crypto"

Game developer Yomi Games has announced the raising of $2 million in a seed round following its first NFT launch.

Participants in the seed round included Hypersphere Ventures, Infinity Ventures Crypto, Cultur3 Capital, Maveron, Momentum 6, Taureon, and a number of angel investors.

Yomi Games has stated that it aims to be the "Zynga of crypto" with casual, social games that are more accessible to those new to crypto gaming. The firm has outlined that it will take a mobile-first approach to releasing titles.

The studio plans to put the seed round funds towards reaching its vision of creating blockchain games for casual audiences.

Oni NFT collection

Oni Squad, Yomi Games’ first NFT collection, contains 6,666 hand-drawn generative Onis and launched as free mint in January. On its first day the collection reached 300 ETH (more than $1 million at that time) in trading volume.

It launched with an accompanying minigame called Oni Mansion, wherein these NFTs serve as playable assets. Players can collaborate in the game to customise an NFT mansion and take part in daily missions to earn tokens, which can be used in turn to further upgrade mansions.

"We believe player-owned economies, enabled by blockchain technology, are the future of gaming," said Yomi Games CEO Pavan Katepalli.

"We want all of our games to be as accessible as possible to the broadest audience and onboard people new to digital collectables and gaming NFTs," 

Yomi Games is one of a number of studios looking to bring blockchain games to mobile audiences. Recently, Battlebound (whose founders a former Riot Games staff) raised $4.8 million in its seed round after partnering with a number of NFT collections.

Since then, The Sandbox developer Animoca Brands revealed its acquisition of France-based Eden Games to bring blockchain to racing games.

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