PANews reported on February 4 that according to NFT Plazas, Pixion Games, the game studio behind the Web3 action role-playing game Fableborne, announced that it raised $12.4 million in the latest round of financing, led by Delphi Ventures, with participation from Animoca Brands, Yield Guild Games (YGG), and Axie Infinity creator Sky Mavis. This financing will help it prepare for the launch of the POWER token later this year.

According to reports, Fableborne is a free Web3 action role-playing game built on Ronin. Fableborne is developed by Pixion Games and is currently in its first season. Players can build bases, form alliances with other players, defend their lands, and attack opponents. Players can also create and command a team of heroes to protect their bases and conquer the world.