Finance

Bazooka Tango Secures $5 Million Funding for 'Shardbound' NFT Game Development

Published November 17, 2023

Game development studio Bazooka Tango has successfully raised $5 million in investment funds. The capital injection is earmarked for revitalizing the once-shelved tactical card game Shardbound, with an innovative twist: the incorporation of Non-Fungible Tokens (NFTs). This move aligns with the growing trend of blockchain technology intersecting with the gaming industry. Bazooka Tango's vision for Shardbound includes the utilization of Immutable zkEVM, a layer allowing for the scalability and security necessary for NFT gaming experiences.

Investment Fueling Innovation and Expansion

The profound impact of the $5 million investment extends beyond the development of Shardbound. Bazooka Tango is looking to capitalize on this opportunity by expanding its workforce. They are on a mission to recruit the industry's brightest talents to propel the game towards completion, enhancing its features and creating a robust gameplay universe that will entice and retain players. With the increased workforce, Bazooka Tango aspires to expedite the game's development process while ensuring that the final product resonates with the ever-evolving expectations of modern gamers.

Industry Giants and Evolution of Gaming

The gaming industry continues to evolve, and companies like Electronic Arts Inc. EA, as one of the titans in the space, keep a keen eye on emerging technologies and trends. Bazooka Tango's initiative to rejuvenate Shardbound through NFTs could signal a potential shift in how games are monetized and enjoyed by players. EA, known for its innovation and market leadership, could consider the implications of such advancements as they relate to the future of gaming experiences and player engagement. As of May 2020, EA stands as the second-largest gaming company by revenue and market capitalization in the Americas and Europe, signifying its significant influence on the trajectory of the industry.

investment, gaming, NFT