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Game Developer and Publishing Studio Faraway Announced Second Round of Funding for $21 Million in a Series A
By Arnaud PETIT access_time 2 min read

What is Faraway?

Faraway is a blockchain gaming studio.

What does Faraway do?

Faraway is a new gaming studio leveraging blockchain technology to unlock the potential for truly player-driven and decentralized game economies and is set to launch its browser-based flagship title Mini Royale: Nations, as the first live multiplayer game on Solana, one of the fastest-growing blockchain ecosystems.

We believe that the browser is the optimal platform for any blockchain game, especially in the short to medium term. Our players do not have to worry about platform owners all of a sudden banning our game on their platform, as we’ve already started to see among big platform owners.

 Faraway CEO Alex Paley 

Who founded Faraway?

Alex Paley and Dennis Zdonov founded Faraway in 2021.

How much has Faraway raised?

This $21 million Series A is in addition to the firm’s seed funding round that secured over $8 million in capital for Faraway.

Who has invested in Faraway?

The Series A funding round was led by Lightspeed Venture Partners and the crypto exchange platform FTX. Other backers include serial blockchain venture capital investors Pantera Capital, Sequoia Capital, and Silicon Valley VC giant a16z.

What domain name does Faraway operate on?

Faraway operates on the .gg domain name extension, the country code for the Bailiwick of Guernsey. GG is a common abbreviation for Good Game, so with the rise of online gaming, many startups and game-related projects have started using it for their online presence. Country domain extensions offer more freedom of choice but come with certain risks.

Update: The company secured the exact brand-match domain name

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