Words With Friends Co-Founder Raises $46M for Web 3 Game Studio

Paradigm led the round for The Wildcard Alliance, the new Web 3 subsidiary of Playful Studios.

AccessTimeIconJun 14, 2022 at 1:11 p.m. UTC
Updated Jun 14, 2022 at 1:22 p.m. UTC

Brandy covers crypto-related venture capital deals for CoinDesk.

Playful Studios, an independent game studio from Words with Friends co-founder Paul Bettner, has launched a new Web 3 subsidiary called The Wildcard Alliance and raised $46 million in Series A funding led by crypto native investment giant Paradigm.

  • Other participants in the funding round included Griffin Gaming Partners, Polygon and venture capitalist Sabrina Hahn.
  • Wildcard – the upcoming first game from the subsidiary – is a hybrid multiplayer online battle arena, real-time strategy and collectible card game on the Polygon blockchain.
  • The game is framed as “the ultimate spectator sport” where competitors can interact and transact directly with their in-game fans and supporters.
  • Texas-based The Wildcard Alliance is helmed by Bettner and his wife, Katy Drake Bettner. The team is rounded out by game industry veterans from titles such as Age of Empires and Halo Wars.
  • Founded in 2012, Playful Studios is best known for the 3D platform game series Lucky’s Tale and sandbox adventure game Creativerse.

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Brandy covers crypto-related venture capital deals for CoinDesk.

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Brandy covers crypto-related venture capital deals for CoinDesk.

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