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SIPHER secures $6.8M in Seed Round

It’s official! We’ve closed the seed round of $6,8 million for Sipher, the upcoming game World of Sipheria. The round was led by Arrington Capital, Hashed and Konvoy Ventures.

We also received strategic backing from: Defiance Capital, Signum Capital, Dragonfly Capital, CMT Digital, BitKraft Ventures, Delphi Digital, Alameda Research, Fenbushi Capital, Sfermion, Hyperchain, GBV, Kyber Network, Coin98 Ventures, YGG and Merit Circle.

We also like to acknowledge notable angels from the gaming, entertainment and crypto world including Holly Liu (Kabam), Kun Gao (Crunchy Roll) and Alex Svanevik (Nansen.ai)

The funds will be used to accelerate the development of the Sipher universe along with a suite of tools needed to create compelling, fun and engaging gaming experiences based on blockchain technology.

Sipher is a daring effort to unify state of the art blockchain tech, great artwork, story telling, multiplayer gaming and decentralized financial technologies. The vision is to create an expansive world that will attract and keep the player base engaged for years to come as new worlds, characters and factions are introduced. Sipher is fostering an ecosystem where people can first or foremost, play for fun and partcipate to earn.

A massive thanks to our amazing early supporters

Since initially revealing our roadmap and opening Discord, with less than 100 people, we have received unyielding support from our fans, creators, musicians, visual artists, game makers and massive gamers. The amazing Sipher community is 60,000 strong and growing. Our community of passionate gamers will drive the successful future of the Sipher universe. We are proud to say we have one of the best Discord moderators in town!

What’s New?

We released our first playable NFT character collection called Sipherian Surge, which was a drop of 10,000 genesis Sipher Inu NFTs. They were bought in less than 15 minutes. They are available for trading and secondary purchase now on OpenSea. If you do not own one yet, we highly recommend checking them out.

The 1st Fleet — Sipherian Surge, is a collection of 10,000 SIPHΞR INU game characters

What’s Next?

Our next priority is launching the playable MVP of the first gaming experience in the World of Sipheria. The experience will introduce a cooperative dungeon game mode, that will onboard new waves of native and non-native blockchain users through beautiful design and graphics, compelling gameplay, expansive world lore hidden with secrets to be discovered and the ability to take part in the game economy.

We are also preparing to release our second collection called the Sipherian Flash, a drop of 10,000 limited Sipher Nekos as playable characters on the 06th of November. You can catch their sneak previews below.

Sipherian Flash will see an NFT drop on November 06th, and they belong to SIPHΞR NEKO race

Please join our Discord to stay to date with the latest and greatest news so we can continue to build the Sipher Universe together.

Who are our amazing backers?

We are incredibly lucky to welcome an all-star cast of backers. They are big believers in the rise of blockchain gaming and have worked incredibly hard in supporting the founders building in this space. We are excited to continue building Sipher with their ongoing support. We will look to showcase each backer’s blockchain gaming thesis and why they have chosen to support Sipher.

SIPHΞR’s Seed Round Backers

Below are some words from our lead backers.

Arrington Capital

“We believe that the world of Sipheria will be one of the most exciting and adventurous experiences inside the Metaverse. Sipher builds on innovative P2E economics while leveraging both the spirit of crypto culture and mainstream gaming. The art blends a futuristic world of sci-fi and captivating animals, it is internet-native and inspiring, a game that everyone can fall in love with. We believe that Metaverse gaming will unlock a new economic frontier where users can reap the rewards of their time and creativity, and we fundamentally believe in the passion and energy behind Tin and his team. We believe that Sipher is positioned to capture and captivate users across all regions of the world. We are excited to back Sipher and join the world of Sipheria.”

Michael Arrington, Founder of Arrington Capita

Hashed

“Since 2018, Hashed has been actively investing in blockchain games and metaverse with our strong thesis on virtual world. We think virtual world economy will be much bigger than that of the real world thanks to the blockchain infrastructure providing a key backbone of digital assets. Along with our thesis, I think Tin and his team have huge potential to be the next major blockchain gaming studio. Tin and his team not only understand the crypto/blockchain ecosystem, but also have strong ability to implement great quality games. They know the beauty of NFT/gaming combination and have plans to connect e-sports in their game eventually. I am so excited to co-lead this round and can’t wait to see Sipher’s community grow rapidly.”

Kyuntae Ethan Kim, Managing Partner of Hashed

Konvoy Ventures

“Gaming is the new social square and is driving the development of global culture. Tin and the whole Sipher team are helping pioneer a new wave within this social arena, one where players are rewarded for their time, performance, and creativity. Gaming has always been home to creators, thinkers, and competitors and it is time that we see games show their communities financial loyalty. There are more than 3 billion people playing games across the globe and less than 0.1% of gamers are experiencing direct profit sharing. Sipher is renegotiating what players should expect from their games and is here to bring joy to their players both through entertainment and financial freedom. The whole Konvoy team is thrilled to be in Sipher’s corner as we build this new era of games.”

Jason Chapman, Founder of Konvoy Ventures

Final Words

“Games are meant to be fun. Games are meant to be social. Games are meant to invigorate, excite and bring people together for a common purpose, to enjoy time spent with each other. This is true for the most classic and for the most futurist of games. This is what make games the most powerful medium for sharing and discovering amazing moments together.

Utilizing blockchain technology, now gamers are truly able to have the economic freedom they always deserve with their time and resources. With NFT and blockchain technology, gamers, community builders, streamers, guildmasters, e-sports organizations and more, are able to take part and be rewarded for contributing to the growth and success of any gaming and entertainment universe.

I’m so excited and blessed to be able to embark on this journey with the small team that we have from Vietnam, yet being able to attract talents and some of the top investors from around the world in both the gaming and blockchain space. We are heads down building and we cannot wait to share the first playable experiences with our earliest and biggest fans.”

Tin Nguyen, Founder and World Architect of Sipher

Please join us in building SIPHER!

We look forward to welcoming you to our family.

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SIPHΞR

SIPHΞR

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Sipher is a multiplayer looter shooter ARPG, set in a dream-like universe of alien worlds, vibrant characters, and dangerous mysteries.