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Web3 game studio Moonveil Entertainment completes $5.4 million in seed round financing

Moonveil Entertainment, a Web3 game studio based in the Cayman Islands, announced the completion of a $5.4 million seed round of financing, led by Gumi Cryptos Capital and Arcane Group, with participation from Longhash, IOSG, and Infinity Ventures Crypto. Moonveil's leadership team is composed of industry veterans who have worked for Riot Games and Tencent, and they are currently developing an immersive tower defense mobile game called Astrark and a multiplayer strategy game called Project B, which will incorporate NFT elements.

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