Param Labs has secured $7 million in funding to advance its modular gaming ecosystem, with support from Animoca Brands, Delphi Ventures, Cypher Capital, and others.

The ecosystem, governed by the Param (CRYPTO:PARAM) token, aims to disrupt traditional game development, offering tools like Game Launcher and Pixel to Poly for creating 3D game assets from 2D images.

Kiraverse, an online multiplayer game by Param Labs, introduces players to earning digital assets.

Anthony Anderson, CEO of Param Labs, envisions the ecosystem revolutionizing gaming by empowering developers and enhancing value creation for gamers.

Yat Siu, co-founder of Animoca Brands, emphasises the collaboration's focus on advancing digital property rights in gaming and creating a truly open metaverse.

Together, Param Labs and its partners seek to redefine the gaming landscape, prioritising gamer experiences and ownership.