The post Planetarium Labs Secures $3M in Funding for Immortal Rising 2 and Sells Out NFT Collection Ahead of Major TGE Launch appeared first on Coinpedia Fintech News
Immortal Rising 2, the blockchain-powered RPG developed by Busy Beans Studio and backed by Planetarium Labs, successfully raised $3 million in funding from some of the most influential investors in the Web3 and blockchain gaming spaces. This is one of two major concurrent developments, with the other being the completion of a sold-out Immortal Statue NFT sale just days before Immortal Rising 2’s Token Generation Event (TGE), which started on March 27.
Planetarium Labs is a community-focused Web3 gaming company that creates highly moddable blockchain-powered gaming experiences that feature immersive gameplay in player-driven economies. It is at the forefront of the decentralized gaming revolution and is redefining what is possible within the Web3 gaming ecosystem.
The latest $3 million raise was driven by participation from some of the best-known players and investment firms in the Web3 blockchain gaming space, including the Spartan Group, Immutable, MARBLEX, Comma3 Ventures, Sovrun, 32-Bit Ventures, Notch Ventures, Cristian Manea, Niels de Ruiter, and other prominent angel investors.
With this fresh capital injection, Planetarium Labs and the development team will be able to continue expanding the Immortal Rising 2 ecosystem while simultaneously enhancing gameplay mechanics and strengthening community engagement. These activities will help further solidify the studio’s position as a leader in – and the global face of – next-generation blockchain gaming.
A Vision for the Future of Web3 Gaming
The backing from these key investors highlights the industry’s confidence in Immortal Rising 2’s Play-to-Airdrop (P2A) model, which merges true digital ownership with engaging gameplay.
Robbie Ferguson, the Co-Founder and President of Immutable, emphasized the game’s unique positioning by stating that Immortal Rising 2, with almost nine million downloads, has already proven its product-market fit. He also said that the title sits at the intersection of three major trends: Asia’s booming gaming market, the dominance of mobile gaming, and the seamless integration of Web3 mechanics. With Immutable zkEVM’s scaling solutions and Immutable Play, which is Immutable’s distribution platform, investors say they are excited to help bring this game to an even larger global audience.
Other investors echoed similar sentiments, recognizing Immortal Rising 2 as a pioneering force in blockchain gaming.
Kelvin Koh, a Co-founder & Partner at the Spartan Group, said that he sees the project as a milestone in decentralized gaming. He said that Immortal Rising 2 is setting new standards by offering players true ownership and meaningful rewards. He also stated that Planetarium Labs is at the forefront of this shift, and gave the unwavering support of the Spartan Group to Planetarium Labs in order to continue driving innovation in the Web3 blockchain gaming space.
Finally, Jin-pyo Hong, the CEO of MARBLEX, pointed to the growing connection between Web2 and Web3 gaming by saying that Immortal Rising 2 bridges traditional and blockchain gaming in a way that makes sense for both gamers and investors. He said that MARBLEX is excited to partner with Planetarium Labs in this journey and to fully support the future of Immortal Rising 2.
Sold-Out NFT Sale Sets the Stage for TGE
Alongside the successful funding round, Immortal Rising 2’s Immortal Statue NFT sale has sold out, underscoring strong demand from not just players but collectors as well. These exclusive NFTs grant premium in-game rewards, token airdrops, and elevated status within the Immortal Rising 2 ecosystem.
The NFT sale follows the game’s Play-to-Airdrop (P2A) launchpool, where the community has already claimed over 9 million SoulBound Tokens (SBTs). SBTs are digital assets tied exclusively to players’ achievements. Because SBTs unlock hidden rewards at the campaign’s conclusion, they add new layers of engagement with players.
Token Generation Event (TGE)
With both the funding and NFT sale secured, all eyes are now on Immortal Rising 2’s TGE that officially unlocks new opportunities for players and investors. This marks a crucial milestone in the game’s expanding economy and governance model, setting the foundation for a fully decentralized gaming future.For more details on the TGE and upcoming game developments, follow Immortal Rising 2 on X (Twitter) and Discord.
