The world of blockchain technology and cryptocurrencies continues to innovate and expand into various sectors. In recent years, we have witnessed the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs), revolutionizing the way we interact with digital assets. The gaming industry has not been left behind in this trend, with the emergence of GameFi projects that combine gaming and decentralized finance elements. One such project making waves in the market is Eyeball Games.

Eyeball Games: Enhancing Pool Gaming with Web3 Elements
Eyeball Games is the brainchild of the creators of 8 Ball Pool, a massively popular mobile pool game with over one billion downloads. Building upon their success, Eyeball Games aims to modernize the pool gaming experience by incorporating Web3 elements, offering users full ownership of in-game assets.

Funding Rounds:
To bring their vision to life, Eyeball Games recently completed a pre-seed funding round, raising a total of $1.5 million. The funding round was well-received by investors, attracting notable backers such as White Star Capital, Polygon Fund, Immutable, and Ocular VC.

Game Development and Launch Timeline:
Eyeball Games plans to release Eyeball Pool in phases. The first phase will involve a closed beta test on the web, exclusively available to holders of the game’s non-fungible tokens (NFTs). This approach allows Eyeball Games to reward early supporters and create a community around the game. The closed beta test is scheduled to take place before the end of 2023.

Following the closed beta test, Eyeball Games aims to launch the full version of Eyeball Pool on mobile devices during the first quarter of 2024. At this point, the NFTs held by players will convert into game starter packs, providing exclusive and unique in-game items. This approach adds value to the NFTs and further incentivizes players to engage with the game.

Insights and Outlook:
The successful completion of the pre-seed funding round indicates a strong interest in Eyeball Games and the GameFi sector as a whole. By leveraging Web3 technology and introducing NFTs, Eyeball Games aims to enhance user experience and provide players with tangible ownership of digital assets within the game. This approach aligns with the broader trend of bridging the gap between virtual and real-world value.

As the gaming industry continues to embrace blockchain technology, we can expect more GameFi projects to emerge, bridging the gap between gaming and decentralized finance. Eyeball Games’ focus on popular game genres, such as pool, and its strong track record with 8 Ball Pool, could potentially attract a large user base.

Eyeball Games’ successful pre-seed funding round signifies investor confidence in the GameFi sector and the team’s ability to deliver an innovative gaming experience. With their upcoming Eyeball Pool launch, players will have the opportunity to interact with NFTs and enjoy full ownership of in-game assets. As the GameFi sector evolves, projects like Eyeball Games demonstrate the potential for blockchain technology to disrupt traditional gaming models and create exciting new possibilities for players.