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Lucid Sight has now raised $11 million to fuel the growth of its digital ownership games Company will also launch Scarcity Engine, a software developer toolset that will help bridge the gap between blockchain and traditional gaming platforms.
Lucid Sight, Inc., a company that develops games with digital scarcity and true digital ownership as first principles today announced that it has closed a $6MM round of funding. This new capital raise will help expand Lucid Sight’s flagship games, MLB Champions and Crypto Space Commander (CSC), and remove the friction of existing blockchain-based gaming by continuing to improve functionality and bringing these games to mobile, PC, and console platforms. This capital will also be used to launch a developer toolset called Scarcity Engine later this year, which will bridge the gap between blockchain and traditional gaming platforms. Scarcity Engine is the technology powering MLB Champions and CSC.
The fundraising round included Salem Partners, The Galaxy EOS VC Fund, Digital Currency Group, Breakaway Growth, Frontier Venture Capital, and Animoca Brands. Existing shareholders include Major League Baseball (MLB), Rana Capital Partners, Los Angeles Lakers VP Research & Development Joey Buss, and AppOnboard Founder and mobile game industry pioneer Jonathan Zweig. Lucid Sight has now raised a total of $11 million.
“This capital will allow us to bring games such as MLB Champions and CSC to the masses while maintaining the benefits of digital scarcity provided by blockchain technology.” said Randy Saaf, CEO and Co-founder at Lucid Sight. “We have found that game players enjoy digital ownership in our games, but users want to be able to game where they traditionally game: mobile, PC, and console.”
During the 2018 MLB season Lucid Sight released a beta of MLB Champions, a digital collecting game where players can buy collectibles that improve and earn rewards as real life baseball games are played. MLB Champions is an officially licensed product of Major Leauge Baseball and Major League Baseball Players Association. The new season of the game is planned for the 2019 MLB season.
In 2018, Lucid Sight also began development of CSC, a sandbox MMO space game that operates in a completely real-time, player-controlled economy. The company plans to release a PC version of CSC to Early Access on Steam in 2019. As part of the expansion the company also signed a deal to expand its games into Asia through a partnership with Animoca Brands.
Lucid Sight will also use the capital to launch Scarcity Engine 1.0 with select third party game developers. Notably, will work in conjunction with Iridium Studios to implement Scarcity Engine in the upcoming action Role Playing Game Cryptic Conjure.
About Lucid Sight, Inc.
Lucid Sight, Inc. develops games with digital scarcity and true digital ownership as first principles. Lucid Sight is founded by serial entrepreneurs Randy Saaf and Octavio Herrera along with experienced game developer Fazri Zubair. Lucid Sight is based in Los Angeles and employs 25 diverse and talented individuals with deep game industry experience.
