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Blockchain game developer Curio Research closed a $2.9 million seed round led by Bain Capital Crypto, with participation from TCG Crypto, Formless Capital, Smrti Lab, Robot Ventures, and others.
The funds raised will be used mainly to expand the team, with a focus on hiring blockchain engineers, a micro-economist, game designers and a client engineer. Curio will also look to hire an art director and a community manager.
The company's first game, Treaty, is an on-chain strategy game that allows users can write and deploy smart contracts. These so-called "Treaties" allow them to draft rules around how to interact with other players in the game, almost like a social contract.
It is said that NFTs are likely to be the cornerstone of Treaties. These NFTs could be a source of revenue, bringing in money through primary and secondary sales. The team is also considering having a tax on in-game transactions to bring in cash.
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