Web3 game studio Moonveil Entertainment completes US$5.4 million in financing, led by Gumi Cryptos Capital and Arcane Group

On October 27th, according to official sources, Web3 game studio Moonveil Entertainment has completed a $5.4 million seed round of financing, led by Gumi Cryptos Capital and Arcane Group, with participation from multiple Web3 funds and game industry funds such as Longhash, IOSG, and Infinity Venture Crypto.
It is reported that Moonveil Entertainment's team members are composed of core management and production teams from well-known game enterprises such as Riot Games, Tencent, and NetEase, as well as senior Web3 developers. The projects that Moonveil Entertainment is currently developing include Astrark and Project B.