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London Tech Week

Interoperability in Web3 gaming: HyperPlay scores $12M to transfer wallets, NFTs, and assets into any game

HyperPlay funding
Picture credits: sirinapawannapat.gmail.com/Deposit Photos

In the past two years, there has been tremendous growth in Web3 gaming. However, most Web3 games lack the kinds of interoperable use cases that Web3 game developers want to build. When game developers chose to build greater Web3 utility into their games, they faced censorship, de-platforming, and massive taxation from web2 monopolies like Apple and Steam. 

Launched by Game7 DAO and MetaMask, HyperPlay, a Web3 gaming startup, aims to make interoperability the default for all Web3 games. It seeks to revolutionise the gaming industry by empowering users and providing them with more control and ownership over their gaming experiences.

In a recent development, the US-based Web3-native game launcher and aggregator of multiple game stores, has announced $12 million in Series A funding co-led by Griffin Gaming Partners and BITKRAFT Ventures, along with MetaMask’s parent company, ConsenSys

With the fresh capital, HyperPlay plans to scale, fully enhancing its flagship game launcher and increasing its international presence. Notably, the investment came just ahead of Game7’s 3XP Gaming Expo, which aims to unite the most prominent publishers, brands, and thought leaders in the space to build the future of gaming.

“HyperPlay ensures there is a home for games that is open and developer-friendly, encouraging technical innovation in games and accruing more value to developers versus traditional constructs. The platform will enable a better overarching user experience for gamers across all games, thanks to a persistent data layer for discovery, assets, profiles, achievements, and more. Jacob is a core contributor to MetaMask’s success, and we are excited about HyperPlay’s close partnership with the MetaMask team and Game7,” said Pierre Planche, Partner at Griffin Gaming Partners.

“We are impressed with HyperPlay’s developer-first approach, making them the Web3 game launcher of choice. Giving game developers the freedom to deploy on any chain they choose while allowing players to carry their wallet, NFTs, tokens, and achievements into every game. This sets them apart from others in the space, while the launcher offers unique usability and convenience for users. We can see a world where HyperPlay branches over into mobile platforms and web2 games,” commented Malte Barth, Partner at BITKRAFT Ventures.

“HyperPlay allows developers to build new kinds of gaming experiences with MetaMask. We are delighted to continue supporting HyperPlay as it disrupts not only the Web3 gaming landscape but the broader Web2 gaming industry as well,” said Ezgi Cengiz, Senior Product Manager at MetaMask.

“Since announcing HyperPlay in November of last year, we’ve been focused on building a platform that empowers both developers and users to navigate the Web3 gaming realm effortlessly,” said JacobC.eth, Founder of HyperPlay. “We look forward to leveraging the capital raise to strengthen our product as the premier Web3 gaming platform and continue to expand our global footprint.”

Revolutionises web3 gaming

Founded by JacobC.eth, HyperPlay was launched in November 2022 as a joint collaboration between MetaMask, the leading self-custody Web3 wallet, and Game7, a DAO focused on building Web3 gaming infrastructure.

HyperPlay’s platform tackles the Web3 gaming interoperability challenge faced by developers. With compatibility across MetaMask, WalletConnect and unlocking over 40 different crypto wallet providers, it empowers users to bring their wallets, tokens and NFTs into every native or browser game. 

HyperPlay serves both developers and users alike. Unlike Apple and Steam, which levy 30% taxes on game developers, HyperPlay is developer loyal. It charges no taxes on in-game economies, instead monetises optional features like on-ramping or token swaps. HyperPlay supports all EVM-compatible chains on the user side, enabling players to bring their wallets, tokens, and NFTs into every native or browser game. 

HyperPlay’s launcher integrates an in-game wallet overlay, eliminating the need for users to leave the game and use a separate website for NFT transactions. While HyperPlay supports games on all MetaMask supported chains, it has teased that some special features are coming to the Mantle L2, an Ethereum scaling solution with an emphasis on gaming.

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