"Beamable Raises $13.5M to Revolutionize Decentralized Gaming Infrastructure"

BITKRAFT Ventures has led a $13.5 million Series A funding round for Beamable Inc., a company aiming to revolutionize decentralized gaming infrastructure with scalable and cost-efficient solutions. The funding round was also supported by other investors such as Arca, Advancit Capital, and P2 Ventures.

The primary goal of the funding is to support the development of the Beamable Network, an infrastructure that plans to reshape current live gaming support networks. Beamable develops technology that delivers cost-efficient solutions to game development studios, enabling them to operate more sustainably and efficiently.

The Beamable Network serves as a decentralized operation against traditional server structures. It uses decentralized resources, including computing power, storage, and bandwidth, to achieve decreased costs and better infrastructure resilience. The network operates without centralized providers, allowing community members to directly manage their maintenance and operational needs.

The launch of the Beamable Network will differ from typical emerging projects, as established demand exists before the release. The Beamable technology currently powers a range of games that operate through the platform. These games will shift to decentralized operation, ensuring maximum utilization from the start. The Beamable Network is expected to become one of the ten highest revenue-generating DePIN projects worldwide by combining existing user demand with gaming infrastructure needs.

Through the Beamable Network, developers have multiple opportunities to create business opportunities with third parties. Third-party developers can develop their unique software applications that will operate through the Beamable Network. The platform provides developers opportunities to collect royalties and licensing fees from their network-built applications.

The open design of the platform promotes innovation, expanding through new developer participation and additional service integration. The platform yields supplemental advantages to its community users while improving the network as a whole.

Beamable CEO Jon Radoff identified the revolutionary potential of the Beamable Network in transforming gaming infrastructure construction and operational concepts. The decentralized approach offered developers a more scalable method to operate their games, according to his explanation. The architectural change will create fresh possibilities, enabling developers to optimize game scalability at lower prices.

BITKRAFT Ventures believes in the success of Beamable, citing its proven technology and built-in demand as suitable for success in decentralized infrastructure markets. BITKRAFT demonstrates its support for Beamable by helping this project establish an infrastructure through innovative practices.