What is Third Time?
Founded in 2015 by industry veteran Ian Cummings, Third Time has established itself as a pioneer in digital sports simulations. The studio is best known for developing high-performance horse racing games and providing technical simulations for major broadcast events like the NBC Triple Crown. By transitioning its core competencies into the Web3 space, the company has successfully launched highly anticipated NFT projects on the Solana blockchain. This strategic pivot allows Third Time to capitalize on the growing demand for player-owned economies and decentralized gaming ecosystems, positioning the studio as a key player in the evolution of interactive digital entertainment.
How much funding has Third Time raised?
Third Time has raised a total of $5.5M across 1 funding round:
Angel/Seed
$5.5M
Angel/Seed (2023): $5.5M with participation from Coinbase Ventures, Sfermion, LVP, Reciprocal Ventures, Big Brain Holdings, and 6th Man Ventures
Key Investors in Third Time
Coinbase Ventures
The venture capital arm of the leading cryptocurrency exchange, focusing on early-stage investments in companies that are building the foundational infrastructure for the crypto economy.
Sfermion
A multi-strategy investment firm that specializes in the immersive internet, particularly focusing on the metaverse and digital asset ecosystems.
6th Man Ventures
A venture capital firm that partners with innovative founders to build transformative companies, particularly in the blockchain application layer and adjacent technologies.
What's next for Third Time?
With the infusion of $5.5M, Third Time is poised to scale its operations and deepen its integration within the Solana ecosystem. The company's strategic focus will likely center on enhancing its existing gaming titles while exploring new avenues for blockchain-based player engagement. As the studio matures, the focus will shift toward long-term sustainability and the expansion of its metaverse infrastructure. By maintaining its commitment to high-quality game design and innovative tokenomics, Third Time aims to set new standards for the next generation of decentralized gaming, ensuring its continued relevance in an increasingly competitive and rapidly evolving digital market.
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