TechFlow news — On October 9, according to Chainwire, UK-based Web3 gaming studio Dragonz Lab announced a $9 million funding round led by Syndicate Capital Limited Partnership Fund (LPF). Dragonz Lab plans to use the funds to further develop the ecosystem of its Play-to-Earn game, Dragonz Land. The game currently has over 5.3 million monthly active users, and the funding will support enhancements to features such as PvP tournaments, strategic guild collaborations, and customer loyalty programs.
Dragonz Land combines unique NFT cards, dynamic gameplay, and community engagement, allowing players to buy, collect, upgrade, and trade cards across 16 distinct factions. Available on both mobile and desktop via Telegram, the game leverages blockchain technology to ensure secure transactions and true ownership of digital assets. Dr. Albert Yip, Chairman of Syndicate Capital LPF, stated that Dragonz Land represents the future of gaming and Web3, integrating proven customer loyalty models, the excitement of GameFi, innovative blockchain tech, and a successful revenue model.
