PRESS RELEASE. January 29th, 2024.
Vermilion Studios Secures $7 Million Funding for Innovative Social Party Game, Forgotten Playland
This article was published more than a year ago. Some information may no longer be current.
Press release
Vermilion Studios proudly announces the successful completion of a $7 million funding round to drive the development of its groundbreaking social party game, Forgotten Playland. This collaborative effort between gaming powerhouse Duckland Games and the blockchain experts at Merit Circle DAO positions itself at the forefront of 2024’s most anticipated web3 titles.
Forgotten Playland, conceived as a playground for abandoned toys, has been a passion project for Vermilion Studios. The team discovered the game’s potential in the minigame format, gaining significant momentum after the unveiling of the first playable version at the Merit Circle DAO’s community event in Amsterdam on May 19, 2023, which garnered widespread acclaim.
Anticipated for release in the first quarter of 2024, Forgotten Playland already features confirmed minigames, including Bump-A-Ball and Jungle Rumble, with more games in active development.
Bump-A-Ball
An exhilarating contest involving 2 to 4 players battling on a wooden table platform. As saw blades gradually reduce the platform size, players must skillfully balance offensive and defensive tactics to be the last one standing amidst intense competition.
Jungle Rumble
Players navigate a vibrant jungle-themed area, dodging obstacles and each other to be the last Plushie standing. The chaotic mix of smashing hammers, blowing fans, and fire-spitting dinosaurs creates an unpredictable adventure that intensifies with every passing second.
Participating in the $7 million funding round were Merit Circle, Paper Ventures, Spartan Group, and C2 Ventures.
“Forgotten Playland is a project close to our hearts. Co-developing our own game is a dream come true, and we’re thrilled to make it the flagship game of the Merit Circle DAO. Our vision extends beyond the game, as we believe there are numerous opportunities with the IP of Forgotten Playland. We invite you to explore the attic, the homeland of our forgotten toys, and enjoy the upcoming minigames,” says Marco van den Heuvel, CGO, Merit Circle.
“We are excited to support Forgotten Playland as a co-development project with our partner, Merit Circle DAO. It’s an innovative use of the minigame format that promises to redefine player engagement, especially with subsequent titles in the pipeline,” remarks Danish Chaudhry, Paper Ventures.
Explore Forgotten Playland on the official game website at forgottenplayland.com and join the community on Discord at discord.gg/forgottenplayland. For further insights into the collaboration with Merit Circle DAO, refer to meritcircle.io.
For media inquiries and additional information, please contact via email: freek@meritcircle.io.
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