- The company aims to create its own wallet
- It will support the Ethereum virtual machine
The Openfort platform, which helps game developers connect their players to the full range of web3 capabilities, announced on the closing of a $3 million seed funding round. The round was led by Gumi Cryptos Capital and Maven 11, with the participation of NGC Ventures and Newman Capital.
Openfort is building an infrastructure for game developers and aims to reduce gamers’ interactions with the blockchain. The company wants to offer so-called “frictionless wallet technology” to video game studios.
Openfort co-founder Joan Alavedra said:
“All the clichés associated with interacting with wallets – they may finally disappear. A very interesting feature that we are very excited about is the idea of game sessions or session keys.”
He explained that now users will not have to interact with the blockchain often – he compared this experience to “cookies” on the Internet, which remember the activity and information of the player.
Alavedra explained that game developers will be able to fully customize the software and create their own user interfaces without any trace of the Openfort branding. The Openfort wallet will support the Ethereum Virtual Machine (EVM). This means that it can be used in games that transact on any Ethereum compatible network, such as Polygon, Immutable, Avalanche, Arbitrum, BNB Chain, Optimism, Cronos, and Ethereum itself.
Openfort, seeking to solve the problems of crypto games, is entering an already competitive market. Their wallet will compete against the likes of MetaMask, Sequence, Phantom, Immutable Passport, Coinbase Wallet, Ronin Wallet, GameStop Wallet, Fractal Wallet and many more.