• Wed. Jun 12th, 2024

RockStar Games’ Dan Houser Invests in Blockchain Game Developer

Alvin Hayes

ByAlvin Hayes

Sep 15, 2022
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We have more and more news about huge players entering the crypto industry. While we usually focus on the fintech sector and fund managing companies or corporations trying to foray in the web3 direction, gaming should be among the most interesting domains to cover because over 82% of all individual crypto investors identify as gamers. It is a very relevant audience that can be a driving force for the whole sector in the nearest future.

What Dan Houser sees in the blockchain technology

Co-founder of one of the biggest names in the gaming industry RockStar Games Dan Houser has recently invested a solid portion of the initial $13.2 million funding round for Revolving Games, a company that focuses on creating blockchain solutions for the gaming industry and developing games that can easily incorporate the technology in their structure.

Dan Houser has been a big part in the development of the Grand Theft Auto series and Red Dead Redemption, both critically acclaimed games that have millions of active daily players and moved mostly to the online model and microtransactions. After parting ways with RG, the former creative lead decided to found a new company called Absurd Ventures with a strong focus on investing in emerging game studios.

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Revolving Games is the latest investment by Dan Houser who also occupies a seat on the directorial board and will help with managing upcoming projects of Revolving Games. The debut title of the company is an ambitious MMO strategy based on the Battlestar Galactica IP with an RPG title in early development.

The company wants to deliver stellar games capable of grabbing the attention of people coming to prestigious events like E3. They also have a vision of the future with gaming based on player-owned ecosystems with minimal involvement from developers on the managerial front.

Gaming is a hugely important sector

Many gaming projects that were designed to incorporate blockchain elements ended up being play-to-earn games that do not have a bright future due to the inability of developers to control the in-game economy. Many see the whole blockchain gaming sector as a joke. However, the arrival of such big names as Dan Houser to the industry certainly adds some weight to the promises of new blockchain developers who make AAA-level games.

Alvin Hayes

Alvin Hayes

Alvin Hayes is a seasoned news writer known for his engaging storytelling and thorough research. With a commitment to accuracy and a captivating writing style, his articles provide readers with insightful and well-rounded perspectives on current events.

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