Exclusive: Web3 studio Dragonz Lab nabs $9 million for its play-to-earn game

Exclusive: Web3 studio Dragonz Lab nabs $9 million for its play-to-earn game

Investing.com – Web3 gaming studio Dragonz Lab has just bagged $9 million in fresh funding from Syndicate Capital Limited Partnership Fund (LPF), Investing.com has learned.

With over 5.3 million active users already on board, the UK-based studio is set to use the fresh capital to supercharge the game’s ecosystem. Dragonz Land also plans to introduce new features, more PvP tournaments, guild collaborations, and a new loyalty program for players.

Dragonz Land focuses on blending dynamic gameplay with NFTs. Players can collect, trade, and level up unique NFT cards across 16 factions, earning in-game tokens along the way.

Andy Chen, Co-General Partner at Syndicate Capital and Board Member at Dragonz Lab, said: “Partnering with Syndicate Capital LPF represents a huge leap forward for the Dragonz ecosystem. Being the frontier and market leader in the Web3 spaces, our expertise in building ecosystems around loyalty programs…
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