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Heroic Story Raises $6 Million to Bring Tabletop RPGs to Web3

Heroic Story, a web3 gaming and entertainment studio, has raised $6 million in a seed round led by Upfront Ventures.

Investors in the round, which brings the startup’s total financing to date to $7.4 million, also include Multicoin Capital and Polygon Technology, according to a company release. Angel investors such as Andreessen Horowitz’s Jonathan Lai and Miramax’s head of film Wolfgang Hammer also participated.

Formed at Y Combinator in 2019 by brothers Jay and Scott Rosenkrantz, Heroic Story aims to reimagine traditional tabletop role-playing games (RPGs) — similar to Dungeons & Dragons — for the web3 era.

The startup initially focused on trying to solve problems for storytellers with new technologies, such as virtual and augmented reality, Jay Rosenkrantz said in an interview. Halfway into the company’s life, however, the team recognized that NFTs could help storytellers capture value.Heroic Story then launched its first storytelling game, Legends of Fortunata, which enables writers to collaboratively create stories for characters in a shared world then mint them as NFTs.

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