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Ember Sword Receives $2 Million in Investment Ahead of Today's Land Sale

Poorna Shankar Posted:
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It looks like Ember Sword has secured $2 million in investment from several investors just ahead of today’s land sale. Here’s the nitty gritty for you financially inclined.

The investment was announced yesterday ahead of today’s land sale which includes 12,000 land plots. The studio behind Ember Sword, Bright Star Studios, will use the investment funds to continue progressing development of the free to play MMORPG.

This land sale won’t include all the land plots available, however. The total number of announced land plots at this time is 40,000. These plots are specific to the nation of Solarwood. Solarwood itself is the first of four nations in Ember Sword. Information on this land sale can be found on the official site.

The last we’d heard of Ember Sword was a few weeks ago when the team behind the game had changed their name and added additional members. If you’re unfamiliar with Ember Sword, it’s described as including the fast-paced combat of ARPGs with the camera perspective and skill-based abilities of MOBAs. All this is set against the backdrop of an MMORPG.

Various investment groups have flocked to Ember Sword including Dialectic, Mechanism Capital, Delphi Digital, Animoca Brands, Yield Guild, DeFiance Capital, Coingecko Ventures, Weak Simp Capital, and several others. It seems the primary focus of this interest is in the player ownership and tokens systems.

Player ownership is a huge feature of the upcoming title. According to the accompanying press release, this ownership is based on three core principles including:

  • Decentralised ownership of cosmetic items and the premium currency
  • A distributed trustless system that prohibits fraud when trading cosmetic items
  • No limits, which means cosmetics can freely be traded in-game as well as on third-party marketplaces

ShankTheTank

Poorna Shankar

A highly opinionated avid PC gamer, Poorna blindly panics with his friends in various multiplayer games, much to the detriment of his team. Constantly questioning industry practices and a passion for technological progress drive his love for the video game industry. He pulls no punches and tells it like he sees it. He runs a podcast, Gaming The Industry, with fellow writer, Joseph Bradford, discussing industry practices and their effects on consumers.