Earn Alliance, a game community platform announced the close of its $4.75m seed raise to connect game developers with fans and gamers across the globe. The alpha version of Earn Alliance's platform is set to launch on December 15th this year. This round was co-led by CoinFund and Fabric Ventures with other participants such as Blockchain Coinvestors, MAD World Ventures, angel investors, etc.

Currently, web3 gaming is too focused on tokenomics and not gamer enjoyment, inducing lower uptake in web3 gaming. Earn Alliance has identified challenges limiting web3 games and is committed to reshape the industry, focusing on fun and exploring innovative tokenomics.

"Similarly, the web3 game industry involves highly experimental tokenomics and entrepreneurs exploring the challenge of building network effects. I believe the next step is mass adoption by lessening the friction of utilizing crypto assets for gamers."

Earn Alliance Founded by Joseph "Coop" Cooper in 2022, Earn Alliance steers gamers, communities, and games in their exploration of an exciting future. Coop is a serial entrepreneur with two exits in cloud tooling and mobile gaming. The leadership team consists of talents from 100x (Bitmex), Blizzard, Binance, Huobi, Sandbox VR, and Bethesda.