Lava Labs

Lava Labs is an EU-based games developer. The company is involved in the creation of the game A Far Away RealmA Far Away Realm (AFAR), which is an arcade, third-person play, hero-based platform shooter that can be played on a PC/browser. In the game, twenty-five players are pitted against each other to compete against each other in a combination of obstacle courses, as well asand shooting challenges. Lava Labs was established in 2019 by Kaya Tilev. The company gained initial support from EAthe Electronic Arts founder, Trip Hawkins, as well as the Makers Fund.

Lava Labs is a blockchain gaming startup advised by thefounder of Electronic Arts, Trip Hawkins. In March 17, 2022, the cmpany announced a $10 million Series A raise. Lava Labs' valuation at the time was upwards of $100 million.The raised funds were slated for developing its first game,which is a third-person arcade platform referred to as AFAR. The game pits 25 players to compete against each other in different obstacle course, as well as shooting-based challenges.

The company is also planning to introduce a virtual land auction that will come in the form of NFTs. The auction will see the sale of 10,000 plots to its community. While the game AFAR is being developed, buyers will possess the ability to utilize the purchased land in a mini-game beginning in the second quarter of 2022.

Kaya Tilev, CEO and creative director of Lava Labs said in a statement:

“Our vision is entirely around fun and creating an enduring world. We have been inspired by Pixar and Disney throughout our lives and believe we are in a position to create the next generation of dazzling entertainment through our specialized process.”

Kaya Tilev, CEO and creative director of Lava Labs stated:

“Our vision is entirely around fun and creating an enduring world. We have been inspired by Pixar and Disney throughout our lives and believe we are in a position to create the next generation of dazzling entertainment through our specialized process.”

In March 17, 2022, the company announced a $10 million Series A raise. Lava Labs's valuation at the time was upwards of $100 million. The raised funds were slated for developing the company's first game, AFAR.

The company is also planning to introduce a virtual land auction that will come in the form of NFTs. The auction will see the sale of 10,000 plots in its community. While the game AFAR is being developed, buyers will possess the ability to utilize the purchased land in a mini-game beginning in the second quarter of 2022.

According toThe its release, lavacompany is also planning to introduce a virtual land auction —that will come in the form of NFTs. The auction will —see the insale whichof 10,000 plots will be sold to its community. While the game AFAR is being builtdeveloped, buyers will bepossess ablethe ability to utilize the purchased land in a mini-game startingbeginning in the second quarter of this year2022.

According to its release, lava is also planning a virtual land auction — in the form of NFTs — in which 10,000 plots will be sold to its community. While AFAR is being built, buyers will be able to utilize the land in a mini-game starting in the second quarter of this year.

Lava Labs is an EU-based games developer. The company is involved in the creation of A Far Away Realm, which is an arcade, third-person play, hero-based platform shooter that can be played on a PC/browser. In the game, players compete against each other in a combination of obstacle courses, as well as shooting challenges. Lava Labs was established in 2019 by Kaya Tilev. The company gained initial support from EA founder Trip Hawkins, as well as the Makers Fund.

Lava Labs, is a blockchain gaming startup launched in 2019 and advised by thefounder of Electronic Arts founder, Trip Hawkins. In March 17, 2022, the cmpany announced a $10 million Series A raise this morning. ItsLava Labs' valuation isat nowthe time was upwards of $100 million, according tomillion.The a person close to the deal.Theraised funds willwere goslated towardsfor developing its first game,which is a third-person arcade platform calledreferred to as AFAR. thatThe game pits 25 players to compete against each other in a series ofdifferent obstacle course, as andwell as shooting-based challenges.

Kaya Tilev, CEO and creative director of Lava Labs said in a statement:

Lava Labs, a blockchain gaming startup launched in 2019 and advised by Electronic Arts founder Trip Hawkins, announced a $10 million Series A raise this morning. Its valuation is now upwards of $100 million, according to a person close to the deal.The funds will go towards developing its first game, a third-person arcade platform called AFAR that pits 25 players against each other in a series of obstacle course and shooting-based challenges.

Kaya Tilev, CEO and creative director of Lava Labs said in a statement

“Our vision is entirely around fun and creating an enduring world. We have been inspired by Pixar and Disney throughout our lives and believe we are in a position to create the next generation of dazzling entertainment through our specialized process.”