Pixion Games, the game studio behind Web3 action RPG Fableborne, has announced a $12.4 million USD raise in their latest funding round, which was led by Delphi Ventures.
Alongside the expansion of the Fableborne development team, and an acceleration of its development speed, this raise will assist in the upcoming launch of the $POWER token – an ecosystem token that will become the native currency of Fableborne and other titles in the Power Protocol network.
On top of Delphi Ventures, a number of Web3 heavyweights took part in this latest funding round, including Animoca Brands, Yield Guild Games (YGG), Axie Infinity creators Sky Mavis, and many more.
Source: FableborneWhat is Fableborne?
Fableborne is a free-to-play web3 action RPG, built on Ronin, and available to play on iOS and Android.
Developed by Pixion Games, Fableborne can be described as a game where “Diablo meets Clash Royale”. Players build bases, ally with other players, and defend their lands whilst attacking their opponents. Players also create and command a squad of Heroes to protect their bases and take on the world.
The game is in its first few season, with Pixion stating that they’re looking to create “short, snackable sessions” of competitive play. Their goal is to allow time-limited players a chance to compete, whilst rewarding dedicated players for their time spent.
With this $12.4 million USD raise, Pixion are expanding the Fableborne team and boosting development efforts – ahead of the launch of the $POWER token later in the year.
Source: FableborneHow do I earn $POWER tokens?
$POWER will be the native token of the Power Protocol ecosystem – a Web3 live-ops infrastructure system that helps developers to build “dynamic opportunities” in their games.
In November 2024, players of Fableborne Season 3 were able to earn Gold Essence. This has now been revealed as the first of many play-to-airdrop opportunities for the $POWER token.
There are several ways in which players can earn an allocation of $POWER tokens:
Play Fableborne Season 4 and beyondComplete social quests that boost the visibility of FableborneCollect and hold Fableborne Primordial NFTs
Those who are interested in the $POWER token are encouraged to play Fableborne, and to check their social media channels for the latest information. The $POWER token is expected to launch in 2025, though an estimated launch date has yet to be revealed.
