Cricinshots, a Web3 cricket strategy game, has raised an undisclosed pre-seed funding round from Antler India.

The startup plans to use the freshly raised funds to scale its product and strengthen the team.

Cricinshots | Web3 Cricket Strategy Game

Founded by Harsh Savergaonkar and Aditya Kasibhatla in 2021, Cricinshots is a Web3 cricket strategy game. The game is set in the 30th century, in a Type 3 Kardashev civilization, where users have to traverse the universe, build an intergalactic team, and defeat opponents in a strategic, never before seen cricket gameplay.

Speaking about the development, Harsh Savergaonkar, Co-founder of Cricinshots and Wega Labs, said,

“India loves cricket, so it seemed like the most natural first step to building new-age games with Wega Labs. Also, both traditional and modern cricket games lack solid strategy elements and fail at long-term engagement, and we are solving this with Cricinshots. The larger vision is to build games in multiple genres, which will come together to form an interoperable metaverse.”

The startup aims to redefine gaming experiences for gamers and cricket fans in India and beyond. As per the startup, while building the platform, the founders have focused on building a fun gameplay experience with a sustainable game economy, where users can enjoy perpetual ownership of their game items.

As per the startup, one of the key features of Cricinshots is its play-and-earn model. It allows gamers to leverage their skills and time into rewards through winning matches or owning stadiums and a variety of NFTs.

Blockchain Gaming Market

According to gaming consulting firm Naavik, the global blockchain gaming market could grow to $50 billion by 2025.

Over the years, Web3 has enabled interesting models such as Play-and-Earn. Play to Earn games / P2E games solve existing problems in gaming, such as lack of return on investment on the time and money spent by users, lack of shared and interoperable experiences, and digital ownership.

Follow us and connect with us on Instagram, Facebook, Twitter, and LinkedIn.

Note: If you are a budding entrepreneur and require assistance in startup compliance services, new company registration or other startup related legal services, contact us.