Gaming News
| Published On Feb 27, 2025 11:01 am CET | By iGaming Team

Acid Labs Secures $8M to Expand Web3 Gaming on Social Platforms

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To increase the number of its instant-play blockchain games for social media sites like Telegram, Acid Labs has received $8 million. A16z Speedrun and NFX spearheaded the financing round, with assistance from Fusion VC and a number of investors in the gaming sector.

Acid Labs makes gaming effortless by incorporating games straight into chat systems, eliminating obstacles like downloads and onboarding. By utilizing social network effects, this strategy promotes natural engagement and quick user uptake.

Boinkers.io, the company’s popular game, demonstrates the possibilities of chat-based gaming. This meme-driven tap-to-earn game, which has 11.5 million monthly users, combines blockchain, gaming, and social media into an entertaining experience.

Unlike traditional Web3 games that struggle with complex onboarding and wallet integrations, Boinkers.io keeps things simple. Players can jump in instantly, compete with friends, and share achievements without technical hurdles. This aligns with the broader trend toward user-friendly blockchain gaming, ensuring accessibility beyond crypto enthusiasts.

Industry Leaders Back Acid Labs’ Vision

CEO Jonn Weinberg, a proven entrepreneur in digital entertainment, previously scaled Fuse.tv before its acquisition. His leadership and industry experience have attracted strong investor confidence.

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Josh Lu, Partner at A16z Games, emphasized the value of social-first gaming: “Chat apps create natural social interactions that enhance gaming experiences and drive organic user growth.”

Gigi Levy-Weiss, General Partner at NFX, highlighted Acid Labs’ execution: “Success in gaming depends on execution, not just ideas. Acid Labs’ rapid growth proves its potential in web3 gaming.”

With fresh funding, Acid Labs plans to expand its portfolio of social-first blockchain games, focusing on Telegram-native experiences. The company will integrate blockchain features that enhance gameplay without adding unnecessary complexity.

Looking ahead, Acid Labs aims to extend its reach to Discord and WhatsApp, making Web3 gaming more frictionless and widely accessible. Additionally, the company will leverage AI and data-driven insights to refine game mechanics and improve user retention.

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As Web3 evolves, the demand for seamless, social, and accessible blockchain experiences grows. Acid Labs is at the forefront of this shift, proving that blockchain gaming can thrive within everyday digital interactions.

With $8 million in funding, the company is set to make Web3 gaming more viral, engaging, and user-friendly than ever before.

Tags: Web3