Nytro Lab Raises $8 Million in Funding for Web3 Gaming

IconCryptoNewsTerminal Staff10 Sep, 2024

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Nytro Lab Raises $8 Million in Funding for Web3 Gaming

Nytro Lab, a leading web3 game developer, has secured $8 million in funding to expand its platform and accelerate the development of its flagship game, Castile. The funding round was led by SevenX Ventures, with participation from OKX Ventures, Aptos Labs, and HashKey Capital. The funding will enable Nytro Lab to enhance the content of Castile, host community events, and forge strategic partnerships. The company has already launched the open beta version of Castile on the Aptos blockchain, allowing players to experience the game's unique blend of roguelike RPG gameplay and web3 elements. Nytro Lab's mission is to create immersive and engaging web3 gaming experiences that empower players through ownership and community. The company's commitment to innovation and player-centric design has positioned it as a pioneer in the rapidly growing web3 gaming industry.