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Bandai Namco Invests in Gangbusters’s Blockchain Social Games

 

Bandai Namco Entertainment, one of Japan’s largest video game publishers, has announced that they are investing in Gangbusters’s blockchain social games.

 
 

Bandai Namco diving into the blockchain space

According to the press release, “Bandai Namco Entertainment 021 Fund,” the company’s fund dedicated to investing in startups with a goal of creating new entertainment and building Bandai Namco’s IP Metaverse, agreed to invest over 3 billion yen ($20.4 million) into Gangbusters Ltd over the next three years. 

 

The investment is said to be split into 3 equal parts, with 1 billion yen ($6.8million) injections each year. 

 

Bandai Namco stated that they aim to develop and operate social games via blockchain technology to establish a better connection with their fans.

 
bandai namco gamebusters
 

Gangbusters is a United Kingdom-based studio, that specializes in developing and operating blockchain social games.

 

One of the leading games that Gangbusters has developed and operates is “BattleTabs”, a strategy game where players can battle friends in a multiplayer environment. The game can be opened and played directly in a web browser. 

 

Gangbuster’s studio was launched in 2019 by Brandon Wu, Michael Cann, and Matthew Romaine.

 

Gamebusters is not the only project receiving investments from Bandai Namco. Bandai Namco’s entertainment fund previously provided funding for notable projects like Gaudiy Inc., Genies Inc., Phoenixx Inc., double jump.tokyo Inc., and SHOWROOOM Inc.

 

The investment committee behind the fund includes names such as Yasuo Miyakawa, Koji Fujiwara, and Toru Konno, all of whom have experience in the video game world.

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