Alliance Games Raises $5M for Decentralized Web3 Gaming Platform

[2:59 PM · Oct 31, 2024] – Alliance Games, a community-driven platform revolutionizing the gaming industry, has successfully raised $5 million in Series A funding, bringing its total investment to $8 million. This funding round, led by Animoca Brands and Asymm Ventures, will fuel the development of its decentralized AI-powered gaming infrastructure, poised to disrupt the Web3 gaming landscape. The round saw participation from prominent investors including The Spartan Group, Dialectic, Kyros Ventures, Coin98 Ventures, and notable angel investors like Loi Luu and Sebastien Borget.

Solving the Web3 Gaming Trilemma

Web3 games face a significant challenge: balancing decentralization, gameplay, and user experience. High decentralization often compromises performance and cost-effectiveness, while technical limitations can hinder gameplay quality. Alliance Games tackles this trilemma head-on by merging DePIN (Decentralized Physical Infrastructure Networks) with Web3 gaming principles.

A Decentralized Foundation for the Future of Gaming

Alliance Games is building a decentralized Web3 gaming infrastructure platform offering server hosting, data storage, and AI-driven game creation tools. This platform empowers game developers and players alike through:

Decentralized Data Storage: Enhanced data security, elimination of single points of failure, and true community ownership of game data. Even if centralized databases go offline, the community can restore player information.

Decentralized Server Hosting: A network of community servers ensures games remain always online, democratizing game development and maintenance.

AI Toolkit: Leveraging Large Language Models (LLMs) and text-to-image models, the platform simplifies game development and content creation.

Backend-as-a-Service (BaaS): DevOps tools enable seamless server deployment for games.

Community-Driven Development: Alliance Games fosters active community participation in game development, incorporating player feedback and contributions to drive innovation.

High Performance: GPU cloud technology and machine learning computing nodes enhance game rendering and support complex features. Automatic CDN optimization ensures real-time updates and patches for a smooth gaming experience.

Flagship Game and Ecosystem Growth

Alliance Games is developing its own and third-party Web3 games, with Chain of Alliance, a decentralized turn-based party builder RPG, as its flagship title. Players and node service providers can participate in the Play-to-Earn ecosystem, contributing to the decentralized network.

Sustainable Business Model

A robust business model ensures the long-term sustainability of the Alliance Games ecosystem:

Node Hosting Fees: Node operators earn revenue for hosting game servers and data storage nodes.

Developer Fees: Fees are charged for utilizing the project's infrastructure, including server hosting, data storage, and access to development tools and SDKs.

Premium Services: Advanced features like analytics, enhanced security, and reporting tools are offered as premium services.

Market Commission: Commissions are earned from digital asset sales within the ecosystem.

Advertising and Sponsorship: In-game advertising and promotional partnerships generate additional revenue streams.

$COA Token Utility

The $COA token is the heart of the Alliance Games ecosystem, functioning as:

In-game currency

Governance and decision-making tool

Staking mechanism for node operators

Payment method for developers utilizing data storage and server services

Early Incentives and Community Engagement

Prior to the official Token Generation Event (TGE), Alliance Games offers several incentive programs:

Mining $WORK Tokens: Users can run a working node on their computer (Mac or Windows) to earn $WORK tokens, convertible to $COA governance tokens after the TGE.

Alliance Points: Earn points through social media tasks and gameplay, redeemable for $COA tokens.

Referral Program: Invite friends to join the network and earn extra rewards.

Partnerships and Backing

Alliance Games, formerly known as Chain of Alliance, has secured a total of $4.9 million in previous funding rounds, with prominent backers like Animoca Brands and The Spartan Group. Other notable investors include Kyros Ventures, Dialectic, and Coin98 Wallet. The project has also engaged in strategic partnerships, including a recent collaboration with OKX.

A New Era of Gaming

Alliance Games is not just a gaming platform; it's a pioneer in the DePIN + Web3 gaming service industry. By addressing the infrastructure challenges facing Web3 games, Alliance Games is building a decentralized, resilient, and community-driven future for gaming. As the DePIN sector continues to grow, Alliance Games is strategically positioned to lead the market and usher in a new era of gaming.

About Alliance Games:

Alliance Games is a community-driven platform dedicated to revolutionizing the gaming industry through decentralized AI-powered infrastructure. The platform empowers developers and players alike, fostering a vibrant ecosystem for the future of gaming.