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Gaming

Blockchain Based Gaming Studio Lands Deal With The Kentucky Derby

November 7, 2023
•
x min read

A new gaming studio is bringing blockchain based games to the Kentucky Derby.

What’s happening:

  • Orlando, Florida based gaming studio Third Time Entertainment has raised $2 million in a new seed round
  • The round follows their previous $3.5M seed round which was led by Coinbase (NASDAQ: COIN) and London Venture Partners
  • The latest funding comes from Reciprocal Ventures, Big Brain Holdings, 32-Bit Ventures and 6th Man Ventures

Going deeper:

  • Third Time Entertainment is building blockchain based games on top of Solana, launching their first virtual horse racing game Photo Finish
  • They recently secured a partnership to become the official gaming sponsor of the Kentucky Derby

By the numbers:

  • Since the launch of the Photo Finish, Third Time Entertainment has earned more than $4M through their in game marketplace
  • They’ve also earned another $3.5M from entry fees from new players


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