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Hyve Labs Secures $2.75 Million Pre-Seed to Revolutionize Gaming



Hyve Labs Pre-Seed

In a move that signals a growing interest in blockchain gaming platforms, Hyve Labs, a web3 gaming studio, has successfully raised $2.75 million in a pre-seed funding round led by Framework Ventures. This investment, alongside contributions from Volt Capital, Builder Capital, 32 Bit Ventures, and angel investors from Zynga and InfiniGods, underscores the strong confidence in Hyve Labs' vision to innovate the gaming industry through decentralized blockchain technology.


What Will Hyve Labs Do With the Funding?

Hyve Labs plans to use the funds to:

  • Expand their team to bring in top talent.

  • Develop their first game and on-chain assets.

  • Build a gaming rollup that includes their own AI-powered ecosystem.

This rollup will leverage decentralized data availability services like EigenDA, functioning as a cross-chain game launcher. By seamlessly integrating with platforms like Telegram, Discord, and Farcaster, Hyve Labs positions itself as a versatile and accessible gaming solution for developers and players alike.


The Vision Behind Hyve Labs

Lucas Fulks, CEO and Co-Founder of Hyve Labs, shared his excitement about the investment:

"With the backing of incredible investors like Framework and Volt Capital, this funding propels us closer to redefining the gaming landscape. Our mission is to create a gaming ecosystem that prioritizes fun and engagement for players while empowering developers and builders to innovate without constraints."

Hyve Labs’ approach focuses on creating a user-friendly, web-first experience. They aim to redefine gaming beyond traditional web3 labels, fostering an environment where blockchain games are accessible to everyone. Their philosophy rejects the idea of segmenting players into "web3 gamers," instead promoting a seamless gaming experience that integrates blockchain technology without exposing users to its complexities.


What Is Hyve Labs Building?

The pre-seed funding will fuel several key initiatives:

1. The Gaming Rollup

Hyve Labs is developing a gaming rollup that simplifies game creation and deployment. This platform will provide tools and infrastructure to handle core multiplayer components like:

  • Leaderboards

  • Battle passes

  • Identity systems

These features enable developers to focus on crafting engaging gameplay while the platform handles the heavy lifting.

2. Social GameFi Experiences with AI

The Hyve ecosystem will deliver social GameFi experiences underpinned by AI-powered mechanics. Artificial intelligence will be used to:

  • Enhance game mechanics.

  • Create dynamic and engaging content.

  • Improve player interactions.

AI integration will also streamline the development process, enabling faster prototyping and testing.

3. Onboarding Traditional Gamers

One of Hyve Labs’ standout goals is to make blockchain gaming accessible to traditional gamers. Their games will be web-based and mobile-friendly, eliminating the need for app stores that take a cut of developers’ earnings. This approach ensures global accessibility without compromising user experience.

4. First Game: BitByte

The studio teased their first game, BitByte, earlier this year. While a release date hasn’t been announced, the game is expected to showcase Hyve Labs’ innovative approach to blockchain gaming.


The "Casual+" Gaming Model

In a recent discussion, co-founders Lucas Fulks and Cori Grohman introduced the concept of "Casual+" gaming. This model aims to create engaging yet accessible experiences that go beyond typical gaming norms. It caters to both casual players and those seeking deeper engagement, emphasizing:

  • Seamless distribution and onboarding.

  • Accessibility without the need for blockchain expertise.

This vision aligns with their goal of "redefining gaming beyond Web3," ensuring a faster, smoother, and more inclusive experience.


When Will the Testnet Chain Launch?

While an exact date for the testnet chain launch hasn’t been revealed, Hyve Labs has hinted that development is progressing steadily. With the funding now secured, the team is poised to accelerate their roadmap, and more updates are likely in the near future.


Why Hyve Labs Matters in Blockchain Gaming

The blockchain gaming industry is rapidly evolving, with studios like Hyve Labs paving the way for a new era of gaming. By focusing on:

  • Decentralization: Leveraging blockchain technology for secure and transparent gaming ecosystems.

  • Innovation: Embedding AI to revolutionize game development and player experiences.

  • Accessibility: Simplifying blockchain gaming for both developers and players.

Hyve Labs is set to play a pivotal role in the growth of blockchain games. To explore more about this exciting industry, check out our detailed overview of blockchain games.


What’s Next for Hyve Labs?

With $2.75 million in funding, Hyve Labs is well-positioned to make significant strides in 2025. From launching their testnet chain to unveiling BitByte and expanding their ecosystem, the studio is on track to deliver a user-centric, fun, and innovative gaming platform.

By blending AI, blockchain, and a commitment to accessibility, Hyve Labs exemplifies the future of gaming. Stay tuned for more updates as they continue to break new ground in the blockchain gaming space.


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