The Citadel Raises $3.3M in Seed Funding

Yee-Haw Monster Trucks, a Los Angeles, CA-based gaming studio building a new kind of virtual world built and governed by players, raised $3.3m in seed funding.

The round was led by 1kx, with participation from Shima Capital, Hashed, Matchbox DAO, Ready Player DAO, and several angel investors.

The company intends to use the funds to continue to develop The Citadel.

Created by virtual world enthusiasts Jack Stoops, Max Sallinger, Martino Olmo Fabro, Austin Henderson, Connor Skific, and Will Sanford, The Citadel is an upcoming sci-fi virtual world built entirely on the Ethereum blockchain. It aims to create an independent world for and by its community of players. Players will be able to contribute directly to the development and governance of the world via its decentralized and fully open source architecture.

The Citadel will host all of its game state, assets, and logic directly on blockchain smart contracts instead of conventional server-based architecture.

Yee-Haw Monster Trucks plans to launch a public playtest for The Citadel in the near future, with a big update coming next week announcing more details.

Yee-Haw Monster Trucks is actively hiring artists and engineers.

Yee-Haw Monster Trucks, a Los Angeles, CA-based gaming studio building a new kind of virtual world built and governed by players, raised $3.3m in seed funding. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.

Shishir Gupta, The Founder & CEO of StartupLanes

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