M10 raises $ 3m for competing multiplayer games Web3

M10Web3 Game developer and publisher, creating competitive multiplayer games, raised $ 3 million in funding.

Investors in the seed circle include SUI FoundationGSR, Big Brain Holdings, Monoceros, Blockchain Founders Fund and Presto Labs, among others.

The M10 is founded by a group of veterans from the game industry that wants to go beyond the free game games. These include Executive Director Maitham Mohamed (Forbes 30 under 30, FIFA semi -professional player), President Lars Butler (Co -Founder of Trion Worlds) and CEO Martin Capel (Director of the Ubisoft Game of Assassin’s Creed).

Together, they brought together a development team for the studio debut title. The team includes veterans from Triple-A titles such as Assassin’s Creed, Ghost Recon, Rainbow Six, Watch Dogs, Red Dead Redemption 2, Star Wars Outlaws and GTA V.

A strategic partnership, along with the SUI Foundation, will allow the M10 to create a new business model for Games that exceeds F2P.

“Our M10 mission is to solve the main problems in F2P and scale the whole category extra.” said Mohammed in a statement. “We are ready to go much further than other studios to create a really fun Roman experience for Sagittarius, while at the same time we have to change the future of F2P games.”

Mohammed grew up as a massive gamer and was accustomed to the gray market around the FIFA Ultimate team. He won some money that way when he was 12 years old. He saw a structural change in the game that created the opportunity for new game experiences, business models and distribution to happen. He hopes players be able to create their own value and provide it.

The aim is to solve the main problems of F2P, namely hyper-aggressive monetization. Using the new model to terminate the market stagnation in PC and the F2P Gaming console, the M10 aims to significantly scale the market with a new era of games. They pack all this in what is a new absorption of a competitive multiplayer shooter and create a true F2P model that is accessible to everyone.

“SUI is committed to growing the game space with innovative blockchain technology aimed at providing players from distinctive and immersive experiences,” said Christian Thompson, Managing Director at the SUI Foundation. “The impressive origin of the M10 team and the exciting project they are developing make them perfectly suitable for us as long -term partners.”

SUI is a Layer 1 blockchain platform and a Layer 1 intelligent contract designed from the beginning to make the digital ownership of the assets quickly, privately, secure and accessible to all. Its object-oriented model based on Move’s programming language allows parallel execution, the finality of the subsequine and the rich assets of the chain.

With a horizontal scale processing and storage, the SUI maintains a wide range of applications at an unsurpassed speed at low cost. SUI is a large -scale feature in Blockchain and a platform where creators and developers can build incredible user -friendly experiences.