Web3 MOBA gaming startup, Arena of Faith, has recently announced the successful completion of a $1.75M seed funding round, with leading investment from Chain Hill Capital and participation from Initiate Capital. Arena of Faith focuses on serving the MOBA esports ecosystem and establishing a decentralized tournament system. They are committed to leveraging the Web3 business model to better meet the needs of the current MOBA market, while bridging the gap and providing innovative commercial solutions for KOLs, content creators, event organizers, esports clubs, and esports enthusiasts.
The core team of Arena of Faith consists of seasoned professionals with extensive experience in the gaming industry. Chain Hill Capital believes that Arena of Faith can leverage the Web3 business model and embrace the spirit of decentralization within the MOBA track.