Beamable announces closing of a $13.5 million Series A funding round, led by BITKRAFT Ventures. The funding marks an increase in momentum around decentralized game development solutions. Beamable is moving from a traditional centralized approach to a community-driven decentralized approach that promises to deliver greater scalability, cost-effectiveness, and resilience for developers across the world.

Founded with a vision to empower game developers, Beamable offers a comprehensive suite of tools designed to simplify the integration of live services into games. Their platform provides developers with the necessary infrastructure to manage in-game economies, social interactions, and content updates seamlessly. 

By focusing on ease of use and robust functionality, Beamable has positioned itself as a pivotal player in the gaming industry’s evolving landscape. 

At the center of Beamable’s new effort lies the Beamable Network, a Decentralized Physical Infrastructure Network (DePIN) designed specifically for gaming. The network seeks to decentralize computing power, storage, and network bandwidth while avoiding central hyperscale data centers on which everything is based. The Beamable Network thus presents a more scalable, cost-effective, and resilient infrastructure solution for developers.

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With the infusion of $13.5 million, Beamable is set to accelerate the development and scaling of the Beamable Network. A significant portion of the funding will be allocated to the establishment of the Beamable Foundation, an entity dedicated to overseeing open-source development and the creation of a tokenized protocol.

This foundation will ensure that developers have access to a robust alternative to traditional cloud providers, fostering a more inclusive and participatory ecosystem.

Lead investment was provided by BITKRAFT Ventures, one of the leading gaming focused early-stage investment platforms. Further investments came from Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, GrandBanks Capital, and Permit Ventures. 

Carlos Pereira, BITKRAFT Ventures General Partner, believes in the revolutionary appeal of Beamable’s method, which he thinks is a new means for developing backend infrastructure that will change the entire game.

Beamable’s overall strategy is highly committed to an open-source developmental approach. Being community-driven should lead to its creation of an open, peer-to-peer type of decentralized architecture that is sturdy and flexible, which the organization hopes to foster through the foundational structure of a tokenized protocol, ensuring users’ participation that would make sure the network works for the very long term through the Beamable Foundation.

The gaming industry is witnessing a paradigm shift toward decentralized solutions, with the need for more scalable and resilient infrastructures. Decentralized Physical Infrastructure Networks like Beamable Network are at the forefront of this movement, offering a viable alternative to traditional centralized systems. 

By leveraging decentralized resources, DePINs provide enhanced performance and cost efficiency, addressing many of the challenges associated with centralized data centers. BEAMABLE.COM

Since its launch, Beamable has gained considerable attention from the game development community. The platform has been widely praised for its user-friendly interface and full feature set, which simplify the integration of live services into games. 

The transition to a decentralized infrastructure is expected to further increase the appeal of the platform for developers, providing them with greater control and flexibility over their game’s backend systems.

Moving forward, Beamable is in an excellent position to shape the future of gaming infrastructure. This successful funding round is not only the much-needed injection of resources into the advancement of the Beamable Network but also a sign of confidence by investors in the vision of the company. With decentralized solutions now fast becoming part of the mainstream, Beamable stands at the very forefront of this revolutionary movement with its innovative approach.