Frankfurt-based Gunzilla Games plays in $46 million to build new platform

Frankfurt-based AAA games developer Gunzilla Games has brought in $46 million in funding. The round was led by Republic Capital.

The company will use the new fund to build their new platform, GunZ, enabling players to own their in-game possessions. The announcement comes two months after announcing “Off The Grid” (OTG), a new AAA Battle Royale 2.0 third-person shooter set in a dystopian cyberpunk future.

Founded by Vlad Korolev and Alexander Zoll in 2020, the independent AAA developer is working on next-generation multiplayer shooter IP in three locations, including Frankfurt, Los Angeles, and Kyiv. According to the company, the trading will be handled via an internal blockchain-based marketplace or any third-party marketplace that supports NFT technology.

Vlad Korolev, CEO and co-founder of Gunzilla, said: “We are striving to provide players with complete freedom in every detail of OTG and each step of its gameplay. In OTG, besides the core gameplay, players can own and trade their in-game items with other players. As well as assure players that their hard-earned items remain theirs to keep, no matter what. In today’s free-to-play games, it isn’t yours if you pay for something. You do not, and cannot, own anything. Anyone can read the EULA of any game to verify this.”

Brian Johnson, senior director of Republic Capital added: “Free-to-play reigns supreme and that by combining it with an optional crypto component, Gunzilla will lead by example, marrying the crypto and gaming worlds. There’s no doubt that the future of crypto gaming needs to involve next-gen consoles, and we believe Gunzilla will allow this to happen easily.”