TechFlow news — Red Door Digital (RDD), a game company headquartered in Taiwan, China, has completed a $5 million seed funding round with investments from M6, Shima Capital, Maven Capital, Cryptology Asset Group, and LucidBlue Ventures.
RDD stated it will use the new funds to develop proprietary game theory models aimed at enhancing scalability and sustainability of in-game economies. The studio also expressed its long-term goal of licensing its infrastructure to other developers as an entry point into Web3.
Notably, Red Door Digital is currently developing three games, with the first titled "Reign of Terror," scheduled for release in summer 2022.
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