London-based blockchain game developer, First Light Games completes a $5 million token sale funding round

First Light Games has successfully completed a $5 million private token sale round led by Animoca Brands and Mechanism Capital to develop its play-to-earn mobile-based game, Blast Royale. In an announcement today, London-based game development firm, First Light Games successfully closed a $5 million private token sale in an effort to boost the development and adoption of its blockchain-based mobile game, Blast Royale. The private token sale was led by top investors in the space including Mechanism Capital and Animoca Brands, a blockchain firm that has already invested in over 150 NFT-related companies over the past year. The funds raised will be used to continue to develop the game, attract top talent, and grow the game community. Furthermore, the funds will be used to create new features in the game including tournaments and high-stakes Blast Royales, planned to be launched later in the year as First Light Games plans a push into esports. The private sale also welcomed participation from other top crypto investment companies and angel investors including Dragonfly Capital, DeFiance Capital, Play Ventures Future Fund, Double Peak, Polygon, C² Ventures, Morningstar Ventures, DWeb3, Merit Circle, Ancient 8, and AvocadoDAO. Nick Chong and Santiago R Santos were the notable angel investors in the round. The presence of top and influential crypto investors in the company sets the foundation for a successful GameFi ecosystem on Blas...