Singapore-based Mighty Bear Games has announced that it has sold $10 million worth of tokens to investors. Now the studio intends to spend the proceeds on creating a series of AAA games with blockchain. The first game within it — Mighty Action Heroes — should be released within a year.
Mighty Bear Games was founded in 2017 by natives of Nonstop Games, which closed the year before. The studio team includes former employees of King, Ubisoft, Gameloft and Jagex.