What is Walker Labs?
Founded in 2021, Walker Labs is at the forefront of immersive gaming with its open-world, third-person shooter and adventure game, Walker World. Developed using Unreal Engine 5, the game features stunning, dynamic environments and multiplayer modes where players collaborate to explore diverse landscapes, combat zombies, and hunt for rewards. A key innovation is its interoperable 'Walkers' avatars, designed for cross-platform use and allowing both Web 2.0 and Web 3.0 users to engage in the game, earn rewards, and participate in a robust virtual economy through the ownership of in-game assets, avatars, and land plots.
How much funding has Walker Labs raised?
Walker Labs has raised a total of $2M across 1 funding round:
Unspecified
$2M
Unspecified (2022): $2M with participation from CitizenX, Merit Circle, Altered State Machine, and Futureverse
Key Investors in Walker Labs
CitizenX
CitizenX is a fund focused on advancing blockchain technologies, particularly Web 3.0 and decentralized finance, aiming to support innovative startups in the crypto space with technical excellence and a clear vision.
Merit Circle
Merit Circle is a decentralized autonomous organization dedicated to revolutionizing gaming and building the metaverse, with its ecosystem, Beam, focusing on making blockchain technology a cornerstone of next-generation games.
Altered State Machine
Altered State Machine is an entity that has participated in the funding round, contributing to the company's growth and development in the gaming sector.
What's next for Walker Labs?
The recent major strategic investment signals a pivotal growth phase for Walker Labs, likely enabling the company to scale its development team, enhance marketing efforts, and expand the reach of Walker World. This backing from prominent investors in the blockchain and gaming sectors suggests a strategic focus on leveraging Web 3.0 technologies and fostering a strong player-owned virtual economy. Future developments may include further integration of blockchain elements, expansion of the game's universe, and strategic partnerships to broaden its interoperability.
See full Walker Labs company page