Global investment group focuses on blockchain and crypto sectors
MONTREAL--(BUSINESS WIRE)--BRAVO READY, creator of BR1: Infinite Royale, the first risk-based shooter, today announced that Sino Global Capital has made an investment in the company as part of its $3.5MM seed round. BR1: Infinite Royale is an innovative game that has developed a loyal following thanks to a unique monetary model that allows gamers to pay to spawn and earn money for every player killed. To play the game, visit https://www.br1game.com/. Sino Global Capital is the GP for Liquid Value Fund I, a $200M early-stage VC fund.
“The overarching goal of BRAVO READY is not only to be a video game company, but rather a globally recognized brand,” says Evan Ryer, CEO & Co-Founder of BRAVO READY. “Sino Global Capital has a track record that speaks for itself, and we are honoured to welcome them into our family as we accelerate our growth and product development activities.”
Since closing its first round of funding, the company has expanded its game development team to continue building BR1: Infinite Royale and its underlying technology platform. “We have doubled our team by bringing in both game and web developers to expedite delivery on both in-game and out-of-game roadmaps,” says COO Alex Balog. “Our mission is to Accelerate production to meet consumer demand, and we are proud to be working with Sino Global Capital and others to help us achieve this goal.”
Chin Wei Han, Head of Gaming at Sino Global Capital, says that, “BR1: Infinite Royale is an incredibly exciting risk-based shooter game that allows players to put their money where their mouth is. Their vision made us keen on supporting them and helping them create an innovative way of playing first shooter games. We were awed by their demo and believe strongly in the team, making it a company that we wanted to back.”
About BRAVO READY
BRAVO READY is a Montreal-based video game studio and maker of the world's first risk-based shooter, BR1: Infinite Royale, which bridges the gap between NFT technology and win-to-earn smart contract automation. This creates a radically different experience for players by empowering them to create tangible, financial value through the time they commit to playing games and make real-time crypto transactions as a core component of gameplay through playing, renting, and other interactions.
About Sino Global Capital
Sino Global Capital is an international crypto-native venture firm founded in 2015. With teams distributed across North America, Europe, Africa, MENA, and Asia, Sino focuses on investing in best-in-class blockchain and digital asset projects. In partnership with FTX, it is the GP for Liquid Value Fund I, a $200M early-stage VC fund. Liquid Value Fund I invests in stage-agnostic deals (both tokens and equity) in the blockchain and crypto space with a substantial focus on crypto and crypto-adjacent infrastructure, DeFi, and GameFi.
Contacts
Corey Herscu
corey@br1game.com
416-300-3030