Bravo Ready Acquires Honeyland to Boost Web3 Gaming Ecosystem

Game infrastructure developer BRAVO READY has announced the acquisition of Honeyland, a blockchain-based strategy game developed by Hexagon Studios. The acquisition, which is part of BRAVO READY's strategy to strengthen its ecosystem and accelerate its multi-product approach, will see Honeyland integrated into BRAVO READY's portfolio of real-time revenue-generating products. The specific acquisition amount has not been disclosed.

Honeyland, built on the Solana blockchain, allows players to collect, trade, and battle, and has garnered a significant player base with 300,000 registered users and over 4,000 daily active users. Previously, Hexagon Studios had secured $4 million in funding at a $20 million valuation. The acquisition is expected to enhance BRAVO READY's overall position by adding valuable technology, loyal player bases, and new monetization pathways.

Evan Ryer, CEO of BRAVO READY, expressed enthusiasm about the acquisition, stating, "This acquisition strengthens our ecosystem and accelerates our multi-product strategy. It’s a perfect fit for our scalable, real-money gaming infrastructure." Corey Wright, CEO at Honeyland, echoed Ryer's sentiments, saying, "This is the boost Honeyland has been waiting for. BRAVO READY has everything it takes to make Honeyland one of the biggest Web3 games in the world, and we are excited to join forces!"

Each acquisition by BRAVO READY enhances its overall position by adding valuable technology, loyal player bases, and new monetization pathways. The company is focused on creating a repeatable platform that can launch, operate, and scale multiple successful titles and collaborations across the Web3 landscape. Ryer further elaborated, "We’re not building a company that relies on a single breakout hit. We’re building an ecosystem that can support a whole portfolio of games and partners, each one a proof point for the power of our platform. Honeyland fits that mission perfectly, and we’re thrilled to welcome them into the READY! Family."

The acquisition of Honeyland is a strategic move by BRAVO READY to expand its real-money gaming ecosystem. By integrating Honeyland into its portfolio, BRAVO READY aims to leverage the game's existing player base and technology to drive further growth and innovation in the Web3 gaming space. This acquisition aligns with BRAVO READY's long-term vision of creating a scalable and flexible platform that can support a diverse range of games and experiences. The company's focus on operational efficiency and licensing positions it well to redefine how Web3 games are built, distributed, and monetized.