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NPC Labs Secures $18m for Web3 Gaming Enhancement

NPC Labs has raised $18 million in a funding round led by Pantera Capital to advance Web3 gaming. This brings their total funding to $21 million, including a prior $3 million pre-seed round.

Founded by former Coinbase employees, NPC Labs aims to grow on-chain gaming through the B3.fun ecosystem on Coinbase’s Layer 2 blockchain, Base. The funds will improve B3.fun, making crypto games more accessible for non-Web3 users via discovery portals like Basement.fun.

B3.fun offers high transactions per second and gasless transactions, creating a seamless gaming experience. CEO Daryl Xu emphasized their mission to restore economic freedom for game developers and players.

Key investors include Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund. This investment underscores the potential of blockchain technology to empower developers and enhance revenue opportunities.

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