What is Azra Games
Azra Games aims to create deep, immersive gaming universes with specialized in-game economies and virtual collectibles based on Web3 technology such as non-fungible tokens (NFTs).
The company is run by Mark Otero, who previous led the development of Electronic Arts’ smash mobile game hit Star Wars: Galaxy of Heroes while he was at Capital Games.
Azra Games’ backers represent selective and successful key figures across games and crypto companies and investors and also include industry luminaries like YGG co-founder Gabby Dizon, Twitch co-founder Justin Kan, and Dapper Labs co-founder Roham Gharegozlou.
Azra has announced that users will be able to collect NFT profile pics called Play Forever Passes (PFP) that will essentially act as game passes as the team builds out the Project Arcanas universe.
The company will release the first PFPs with gamification – called Genesis Explorers – within the next several months.
Azra plans to release teaser footage of the collectible toy battle experience for the game by the end of next year.
There are plans for additional games within the brand, which Azra views more as game slices of a whole ecosystem pie rather than mini-games.
A16z Leads $15M Round for P2E Studio Azra Games. Other participants in the seed financing included NFX, Coinbase Ventures, Play Ventures and Franklin Templeton.
Raised: 15,000,000 USD
Registration country: United States
Registration year: 2021