Rise of Fearless launches USD 700,000 investment round to advance Web3 mobile gaming in Africa

Rise of Fearless, the UAE mobile gaming platform that combines African storytelling with the immersive Battle Royale gameplay, announced its official launch, and says it is currently working on raising $700,000 to expand the game. The new funding will help the platform build a blockchain-based gaming ecosystem, where players can own their full digital assets, and provide new financial opportunities for players across Africa. What's going on?

Rise of Fearless, the UAE mobile gaming platform that combines African storytelling and the immersive Battle Royale gameplay, has announced its official launch and says it is currently working on raising $700,000 to expand the game. The game represents a paradigm shift in the fast-growing African gaming market, with more than 680 million mobile phone users, and the value of this sector is expected to reach 3.72 billion US dollars by 2029.

Business Games Sector

Rise of Fearless offers intensive, skill-based Battle Royale battles, deeply rooted in Africa's heritage and history – inspired by Ethiopia's victory in Battle of Adwa. The game is offered as a free trial for mobile phones to ensure it reaches a wide audience. As part of its future plan, the game “Courage Rise” plans to integrate Web3 technology, allowing players to own in-game assets, earn rewards, and participate in a secure digital economy. The transition to blockchain technology will enable African players to have new financial opportunities, especially in areas with limited access to traditional banking services.

The game “Rise of Courage” will use open source smart contracts in its third phase, giving players full ownership of the game's elements, such as weapons, skins and rewards. This blockchain-based system will provide a fair, transparent and financially rewarding gaming experience.

Recruitment of new financing

“We have invested heavily in the development of “Rise of Firsts”, and we are currently raising US$700,000 to expand the game, improve the gameplay, and move to “Web3. Canessa Moloney, founder of “Rise of Verles” She added: “This funding will enable us to build a blockchain-based gaming system, where players can own their entire digital assets, and provide new financial opportunities for players across Africa. With this expansion, “Rise of Virles” will not only expand the horizons of the African Games, but also contribute to the transfer of knowledge, job creation and social impact in one of the fastest growing gaming markets in the world.”