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Lucid Sight secures $6m investment

Company will also launch developer toolset to "bridge the gap between blockchain and traditional gaming platforms"

Blockchain game developer Lucid Sight today announced that it has closed a $6 million funding round.

Founded in 2015, Lucid Sight has now raised a total of $11 million. This new capital will help expand Lucid Sight's flagship games, MLB Champions and Crypto Space Commander (CSC), bringing these games to mobile, PC, and console.

Additionally, Lucid Sight will be launching a developer toolset called Scarcity Engine, which will "bridge the gap between blockchain and traditional gaming platforms."

Investment came from Salem Partners, The Galaxy EOS VC Fund, Digital Currency Group,Breakaway Growth, Frontier Venture Capital, and Animoca Brands.

Existing investors include Major League Baseball (MLB), Rana Capital Partners, Los Angeles Lakers VP Research and Development Joey Buss, and AppOnboard founder Jonathan Zweig.

"This capital will allow us to bring games such as MLB Champions and CSC to the masses while maintaining the benefits of digital scarcity provided by blockchain technology." said Lucid Sight CEO and co-founder Randy Saaf.

"We have found that game players enjoy digital ownership in our games, but users want to be able to game where they traditionally game: mobile, PC, and console."

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Ivy Taylor avatar
Ivy Taylor: Ivy joined GamesIndustry.biz in 2017 having previously worked as a regional journalist, and a political campaigns manager before that. They are also one of the UK's foremost Sonic the Hedgehog apologists.
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