Web3 Game Fableborne Raises $12.4M for POWER Token Launch

Web3 game Fableborne has successfully raised $12.4 million in its latest funding round, with Delphi Ventures leading the investment. The round also saw participation from notable investors such as Animoca Brands, Yield Guild Games (YGG), and Sky Mavis, the creator of Axie Infinity.

The funding will support Fableborne's preparation to launch the POWER token later this year. Fableborne is a free Web3 action role-playing game built on the Ronin network and developed by Pixion Games. It is currently in its first season.

The gaming industry has been increasingly embracing Web3 technology, with games like Fableborne leveraging blockchain to offer players ownership and control over in-game assets. This funding round reflects the growing interest and investment in the Web3 gaming sector.

The gaming industry has been increasingly embracing Web3 technology, with games like Fableborne leveraging blockchain to offer players ownership and control over in-game assets. This funding round reflects the growing interest and investment in the Web3 gaming sector.

The gaming industry has been increasingly embracing Web3 technology, with games like Fableborne leveraging blockchain to offer players ownership and control over in-game assets. This funding round reflects the growing interest and investment in the Web3 gaming sector.