Funding of $13.5 million in Series A was successfully secured for DePIN Project Beamable, with Bitkraft taking the lead in the investment round.
Beamable Network, a revolutionary decentralized gaming infrastructure initiative, has secured a Series A funding round of $13.5 million. The funding is set to propel the development of this innovative backend solution for live games, aiming to disrupt the traditional gaming model and unlock a new era of scalability and inclusivity for developers [1][6].
The Beamable Network seamlessly integrates with popular game engines like Unity and Unreal, allowing developers to concentrate on gameplay and player experience without the burden of managing complex server infrastructure [2]. This network is poised to offer a composable, lower-cost, and decentralized backend for live games, providing a more control and ownership to developers [1][4].
Beamable Network challenges the dominance of centralized hyperscalers in the traditional gaming model by decentralizing resources, including computing power, storage, and network bandwidth [3]. This shift from conventional centralized backend services to a decentralized infrastructure promises to be a game-changer, offering lifecycle thinking instead of just a launch-centric approach [1]. Games can now be sustained and evolved live over time through tools like LiveOps portals that enable error-free content updates without coding [1][4].
The cost efficiency and composability of Beamable Network enable studios to ship and operate games faster and more efficiently, with flexible backend support embedded in their development tools [1][4]. The network has been independently verified by the DePIN Hub, scoring highly for its technical design, ecosystem potential, and real-world impact, further reinforcing its credibility as an infrastructural foundation for the future of decentralized gaming [1].
Carlos Pereira, General Partner at BITKRAFT Ventures, believes Beamable is uniquely positioned to set a new standard for decentralized infrastructure in gaming [7]. The funding round was led by Bitkraft Ventures and also attracted participation from Arca, Advancit Capital, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, GrandBanks Capital, Permit Ventures, and others [8].
Beamable's goal is to leverage tokenized incentives to align contributors and users, creating a community-driven infrastructure [5]. The Beamable Foundation, which will manage Beamable Network, aims to open-source Beamable's infrastructure technology and create a tokenized protocol [9]. This move represents an unparalleled opportunity for game developers, given Beamable's proven technology, built-in demand, and the disruptive potential of DePIN [10].
The funding round is a significant validation of the potential of Beamable Network to revolutionize videogame infrastructure [8]. With this investment, Beamable Network is set to democratize access to powerful live game features, supporting dynamic game economies and player engagement through a blockchain-aligned decentralized platform [1][3][5]. This transformation of game development into a service-oriented, continuously evolving live experience rather than a static product launch is set to redefine the gaming landscape.
References: 1. Beamable Network 2. Unity 3. Unreal Engine 4. DePIN Hub Verification 5. Tokenized Incentives 6. Press Release: Beamable Raises $13.5 Million for Decentralized Gaming Infrastructure Revolution 7. Carlos Pereira, General Partner at Bitkraft Ventures 8. Funding Round Participants 9. Beamable Foundation 10. DePIN
- The Beamable Network, with its focus on decentralization, aims to offer a community-driven infrastructure for game developers, using tokenized incentives to align contributors and users.
- By integrating with popular game engines like Unity and Unreal, the Beamable Network provides a more cost-efficient, composable, and decentralized backend for live games, allowing developers to concentrate on gameplay and player experience.
- The funding round for Beamable Network promises to revolutionize the gaming industry, as the decentralized infrastructure will democratize access to powerful live game features, supporting dynamic game economies and player engagement through a blockchain-aligned decentralized platform.
