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On December 14, Moonray PBC, the developer of the multiplayer action role-playing game (RPG) Moonray, announced that the project had raised $3.5 million from strategic investors. Moonray is considered to be the main metaverse and gambling non-fungible token (NFT) exchange designed on the Bitcoin network through Stacks.

Moonray PBC used Stacks to make blockchain games on Bitcoin. The project raised $3.5 million from strategic investors

Play-to-earn (P2E) games, non-fungible tokens (NFT), and meta festivals have become very popular recently. A large amount of funds is directly used to develop video games and new businesses launched by well-known game manufacturers. A report disclosed over a period of time showed that game developers are beginning to frequently incorporate the blockchain school into games. On Tuesday, the startup Moonray PBC announced that the team had raised $3.5 million through a very financing spherical LED from Animoca Brands.

These funds will be used to expand Moonray’s multiplayer action RPG, NFT market, and in-game economy. In addition to Animoca Brands, investors such as LD Capital, Lucid Blue Ventures, GBV Capital and Metavest Capital have also joined Moonray’s financing. Compared with countless blockchain games designed on networks such as Ethereum and Solana, Moonray abused the Bitcoin (BTC) protocol through Stacks.

“Stacks is an open source blockchain network that uses the protection and capital of Bitcoin to develop suburban applications and good contracts,” the Stacks website explains.

According to Rodrigo Etcheto, COO of Moonray PBC, Bitcoin (BTC) will become an indispensable part of Moonray’s gambling system, with the flexibility to earn Bitcoin revenue and integrate Lightning Network. In a statement on Tuesday, Etcheto said: “Building a game in the meta-universe is simple. It is to play golf in VR or AR. There must be an economy where players will have real monetary benefits in what they have. “Players have found a circuitous way of trading digital items in the past. We are trying to make it easier for players to exchange and sell items with each other.”

The Moonray PBC government added:

When our market is fully operational, we will use Lightning Network integration, [bitcoin] Payment, and NFT that can be earned flexibly [bitcoin] yield.

Moonray is scheduled to launch in March 2022

The goal of the game Moonray and Moonray NFT market is to be launched with selected players around March 2022, consistent with the financing announcement. Animoca Brands’ funding was obtained after Animoca established a partnership with the popular NFT project Bored Ape guild (BAYC). Yuga Labs, the creator of Animoca Brands and BAYC, decided to launch a P2E blockchain game supported by BAYC NFT next year. Yat Siu, chief chairman and co-founder of Animoca Brands, believes that blockchain games are reshaping the industry in which Moonray will participate.

“Blockchain games are evolving rapidly. Moonray is the pioneer of this modification, establishing a distant future RPG expertise, which will be in stark contrast to what most players have seen on the blockchain,” Siu posted Said in a statement to Bitcoin.com News. “We are very excited about the potential that Moonray demonstrates because it has built this powerful multiplayer AAA expertise.”