ANIMOCA BRANDS LEADS $7M FUNDING ROUND FOR PARAM LABS

Last updated: June 19, 2025, 18:37 | Written by: Changpeng Zhao

Imagine a future where game development is as modular and accessible as building with LEGO bricks. Gaming infrastructure developer Param Labs raised $7 million worth of funds in a significantly oversubscribed investment round. The modular gaming ecThat's the vision driving Param Labs, a UAE-based gaming infrastructure developer that just secured a significant boost in its mission. Sam Bankman-Fried Says 'When Rubber Meets The Road' On Crypto's Fate Under Trump, Slams Biden's PoliciesA staggering $7 million funding round, led by none other than Animoca Brands, a leading crypto venture capital firm, is set to propel Param Labs into the next phase of revolutionizing Web3 gaming. Param Labs a UAE-based gaming infrastructure developer has raised $7 million in a recent round of funding. The round was led by Animoca Brands and saw contributions from several investment firms such as Delphi Ventures, Cypher Capital, P2 Ventures (previously Polygon Ventures), Mechanism Capital, Merit Circle, TRGC Capital, Double Peak GroupThis oversubscribed round saw participation from notable investment firms including Delphi Ventures, Cypher Capital, P2 Ventures (formerly Polygon Ventures), Mechanism Capital, Merit Circle, TRGC Capital, and Double Peak Group, signaling strong confidence in Param Labs' approach to solving a critical bottleneck in the industry: the lack of robust Web3 gaming infrastructure. Param Laboratory, a startup with a vision to revolutionize traditional game development, has successfully secured a $7 million funding round led by Animoca Brands, with participation from investors such as Delphi Ventures and Cypher Capital.This funding isn't just about capital; it's about accelerating the creation of a modular gaming ecosystem centered around the PARAM token, empowering developers and ushering in a new era of interactive and engaging gaming experiences for millions. Param Laboratory announced today that it has raised $7 million in its latest funding round, which is going towards developing its modular gaming ecosystem.The United Arab Emirates-based company already boasts a large online community with millions of followers across X and Discord, demonstrating the existing demand for what Param Labs is building.What challenges does this present?How can other web3 gaming companies mirror this approach? Animoca Brands leads $7M for Param Labs to enrich Web3 gaming infrastructure, accelerating the advent of modular ecosystems for developers. Animoca Brands leads $7M funding round for ParamRead on.

Addressing the Web3 Gaming Infrastructure Gap

The current state of Web3 gaming is akin to building a skyscraper on a shaky foundation. Animoca Brands leads $7M funding round for Param LabsSource: CointelegraphPublished onWhile the potential for blockchain-based games is immense, the underlying infrastructure often lags behind, hindering mainstream adoption.According to Param Labs' CEO, this very lack of robust infrastructure is the biggest hurdle holding back the widespread acceptance of Web3 gaming. The modular gaming ecosystem s $7 million round was led by crypto venture capital (VC) firm Animoca Brands, with participation from investment firms including Delphi Ventures, Cypher CapitalThis isn't just about technical limitations; it's about creating a seamless and user-friendly experience for both developers and players.

Param Labs aims to change this by providing developers with the tools and resources they need to build compelling and engaging Web3 games.This includes:

Modular gaming ecosystem: A flexible and scalable platform that allows developers to easily integrate blockchain technology into their games.
Infrastructure solutions: Providing the foundational elements necessary for Web3 game development, such as asset management, token integration, and secure transactions.
PARAM token: A core element of the Param Labs ecosystem, used for various in-game transactions, governance, and rewarding players.

Animoca Brands' Strategic Investment in Web3 Gaming

Animoca Brands' decision to lead the $7 million funding round for Param Labs is a testament to the company's commitment to fostering the growth of the Web3 gaming industry.As a top crypto investor with a proven track record of supporting innovative projects, Animoca Brands recognizes the potential of Param Labs' vision for a modular gaming ecosystem.

This investment aligns with Animoca Brands' broader strategy of:

Supporting early-stage Web3 gaming companies: Identifying and nurturing promising projects that are pushing the boundaries of blockchain gaming.
Building a decentralized gaming ecosystem: Creating a network of interconnected games and platforms that leverage the power of blockchain technology.
Empowering developers and players: Providing the tools and resources necessary for developers to create compelling games and for players to truly own their in-game assets.

Animoca Brands' backing provides Param Labs with not only financial resources but also access to a vast network of industry experts, partners, and potential users. Animoca Brands leads a $7M funding round for UAE-based Param Labs, driving the future of next-gen gaming infrastructure. Sunday, March 23 2025. Breaking News.This strategic partnership is poised to accelerate Param Labs' growth and solidify its position as a leading provider of Web3 gaming infrastructure.

The Power of a Modular Gaming Ecosystem

The concept of a modular gaming ecosystem is central to Param Labs' approach.Imagine being able to pick and choose the components you need to build your game, just like assembling LEGOs.This is the flexibility and customization that Param Labs aims to provide to developers.

Here's how a modular gaming ecosystem benefits developers:

Reduced development time: By leveraging pre-built modules and components, developers can significantly reduce the time and effort required to build a Web3 game.
Increased flexibility: Developers can customize their games to meet their specific needs and target audience.
Lower barriers to entry: The modular approach makes it easier for traditional game developers to transition to Web3 gaming.
Focus on core gameplay: Developers can focus on creating compelling gameplay experiences rather than spending time on complex infrastructure issues.

Examples of Modular Components

Consider these examples of components that might be included in Param Labs' modular gaming ecosystem:

NFT Integration Module: Easily integrate NFTs into your game for character skins, in-game items, and more.
Token Management Module: Manage in-game currencies and rewards with ease using a secure and scalable token management system.
Cross-Chain Interoperability Module: Enable your game to interact with other blockchain networks, expanding your reach and user base.

The Role of the PARAM Token

The PARAM token is the lifeblood of the Param Labs ecosystem, playing a crucial role in incentivizing participation, governing the platform, and facilitating transactions.It is designed to create a self-sustaining and thriving community around Param Labs' gaming infrastructure.

Here's how the PARAM token will be used:

In-game transactions: Used as the primary currency for buying and selling in-game assets, services, and experiences.
Governance: Token holders will have a say in the future development and direction of the Param Labs platform through a decentralized governance system.
Rewards: Players can earn PARAM tokens by participating in the ecosystem, such as completing quests, winning tournaments, or contributing to the community.
Staking: Users can stake their PARAM tokens to earn rewards and support the network.

The PARAM token's multifaceted utility is designed to create a vibrant and engaged community around the Param Labs ecosystem.By aligning the interests of developers, players, and token holders, Param Labs aims to foster sustainable growth and innovation.

Param Labs' Vision for the Future of Web3 Gaming

Param Labs envisions a future where Web3 gaming is accessible to everyone, regardless of their technical expertise. Animoca Brands, a top crypto investor, announced a $7 million investment in the gaming platform Param Labs. The United Arab Emirates-based company has a large online community with millions of followers across X and Discord.This vision is driven by a desire to empower developers, create engaging experiences for players, and unlock the full potential of blockchain technology in the gaming industry.

Here are some of the key elements of Param Labs' vision:

Democratized game development: Making it easier for anyone to create and publish Web3 games.
True ownership of in-game assets: Giving players complete control over their digital possessions.
Enhanced gameplay experiences: Leveraging blockchain technology to create new and innovative game mechanics.
A thriving Web3 gaming ecosystem: Fostering a community of developers, players, and investors who are passionate about the future of gaming.

The $7 million funding round, led by Animoca Brands, is a significant step towards realizing this vision.With the support of its investors and the dedication of its team, Param Labs is poised to become a major force in the Web3 gaming revolution.

Overcoming Challenges in Web3 Gaming Adoption

While the potential of Web3 gaming is undeniable, several challenges must be addressed to achieve mainstream adoption. The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO.Continue reading Animoca Brands leads $7M funding round for PaThese include:

Complexity: The technical complexities of blockchain technology can be daunting for both developers and players. Param Labs, a developer of gaming infrastructure, successfully raised $7 million in funds through an investment round that saw overwhelming interest. The funding, led by crypto venture capital firm Animoca Brands, also saw participation from various investment firms.Simplifying the user experience is crucial.
Scalability: Web3 games need to be able to handle a large number of users and transactions without compromising performance.
Security: Security breaches and exploits can damage the credibility of Web3 games and discourage users from participating.
Regulation: The regulatory landscape for Web3 gaming is still evolving, and uncertainty can create challenges for developers and investors.

Param Labs is actively working to address these challenges by:

Developing user-friendly tools and resources: Making it easier for developers to build and deploy Web3 games.
Optimizing its infrastructure for scalability: Ensuring that the Param Labs platform can handle a large number of users and transactions.
Implementing robust security measures: Protecting the assets and data of its users.
Engaging with regulators: Staying informed about the latest regulatory developments and working to create a favorable environment for Web3 gaming.

Impact of the Funding Round on Param Labs' Growth

The $7 million funding round provides Param Labs with the resources it needs to significantly accelerate its growth and expand its operations. 0 likes, 0 comments - vt_bot on : Animoca Brands leads $7M funding round for Param Labs Web3Gaming GamingInfrastructure AnimocaBrands DelphiVentures .Specifically, the funding will be used to:

Expand the development team: Hiring talented engineers, designers, and marketers to build and promote the Param Labs platform.
Develop new features and functionalities: Enhancing the modular gaming ecosystem with new components and tools.
Expand marketing and outreach efforts: Raising awareness of Param Labs and attracting new developers and players to the platform.
Forge strategic partnerships: Collaborating with other companies in the Web3 gaming space to expand the reach and impact of Param Labs.

The oversubscribed nature of the funding round demonstrates the strong confidence that investors have in Param Labs' vision and potential. Animoca Brands leads $7 million round for gaming platform Param LabsThe Block Animoca Brands, ParamLabs, Delphi Ventures, Cypher Capital Ex-Activision Blizzard Consumer Products President Steve Young Joins Web3 Game Company Param Labs Business Wire ParamLabs, Activision BlizzardThis infusion of capital will enable Param Labs to execute its roadmap more effectively and achieve its ambitious goals for the future of Web3 gaming.

The Significance of UAE's Growing Web3 Presence

Param Labs being based in the United Arab Emirates (UAE) is also noteworthy.The UAE has been actively embracing blockchain technology and is becoming a hub for Web3 innovation. Have you ever wondered what it takes to build the foundation for the next generation of web3 games? Well, let me tell you a tale about Param Labs, a gaming iThis supportive environment provides Param Labs with access to:

A favorable regulatory landscape: The UAE government is actively working to create a clear and supportive regulatory framework for blockchain businesses.
A growing pool of talent: The UAE is attracting talented professionals from around the world who are interested in working in the Web3 space.
Access to capital: The UAE is home to a number of venture capital firms and investors who are actively investing in Web3 companies.

Param Labs' presence in the UAE positions it to benefit from the country's growing Web3 ecosystem and to contribute to its development as a leading hub for blockchain innovation.

Actionable Advice for Aspiring Web3 Game Developers

Inspired by Param Labs' success and eager to enter the Web3 gaming space?Here's some actionable advice to get you started:

Understand the fundamentals of blockchain technology: Familiarize yourself with concepts like NFTs, DAOs, and smart contracts.
Identify a niche market: Focus on a specific genre or type of game that aligns with your skills and interests.
Build a strong team: Surround yourself with talented individuals who are passionate about Web3 gaming.
Develop a compelling game concept: Create a game that is fun, engaging, and offers unique value to players.
Leverage existing tools and resources: Explore platforms like Param Labs that provide modular components and infrastructure solutions.
Engage with the Web3 gaming community: Connect with other developers, players, and investors to learn from their experiences.
Focus on user experience: Make your game easy to play and understand, even for those who are new to Web3.
Prioritize security: Implement robust security measures to protect your game and its users from attacks.
Stay informed about regulatory developments: Keep track of the latest regulatory changes in the Web3 gaming space.
Be patient and persistent: Building a successful Web3 game takes time and effort, so don't give up easily.

Future Trends in Web3 Gaming

The Web3 gaming industry is rapidly evolving, and several key trends are expected to shape its future:

Increased adoption of NFTs: NFTs will become more integrated into games, providing players with true ownership of in-game assets.
Rise of decentralized autonomous organizations (DAOs): DAOs will play a greater role in governing Web3 games and empowering communities.
Growth of cross-chain interoperability: Games will be able to interact with other blockchain networks, expanding their reach and user base.
Development of new gaming genres: Innovative gaming genres that leverage the unique capabilities of blockchain technology will emerge.
Focus on player-owned economies: Games will create more opportunities for players to earn and trade in-game assets, creating thriving economies.

The Long-Term Impact of Param Labs

The success of Param Labs has the potential to significantly impact the Web3 gaming landscape. The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs CEO. Source linkBy providing developers with the tools and resources they need to build compelling games, Param Labs can help to:

Accelerate the adoption of Web3 gaming: Making it easier for traditional game developers to transition to blockchain technology.
Unlock new gaming experiences: Enabling the creation of innovative games that were not possible before.
Empower players: Giving players true ownership of their in-game assets and a greater say in the development of games.
Create a more equitable gaming ecosystem: Providing developers and players with more control over their creations and their earnings.

Conclusion: A New Era for Web3 Gaming

Animoca Brands' strategic investment in Param Labs marks a pivotal moment for the Web3 gaming industry. The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs CEO. Gaming infrastructure developer Param Labs raised $7 million worth of funds in a significantly oversubscribed investment round.By leading the $7 million funding round, Animoca Brands has signaled its confidence in Param Labs' vision for a modular gaming ecosystem that empowers developers, engages players, and unlocks the full potential of blockchain technology.The lack of Web3 gaming infrastructure is a major issue that Param Labs are helping overcome. cointelegraph.com: The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO.As Param Labs continues to develop its platform and expand its reach, it is poised to play a leading role in shaping the future of gaming.The PARAM token lies at the heart of this new gaming model.This funding is a catalyst, setting the stage for groundbreaking advancements in Web3 gaming and bringing us closer to a future where gaming is more accessible, equitable, and engaging for everyone. We're thrilled to announce that Animoca Brands has led a $7M funding round for Param Labs, setting the stage for groundbreaking advancements in Web3 gaming!Keep an eye on Param Labs – they are building the foundation for the next generation of Web3 games.Will more funding follow?Only time will tell.