The game development platform Remix has completed a $5 million seed round financing, with participation from Coinbase Ventures and others.

PANews July 11 news, according to Blockworks, the game development platform Remix has completed a $5 million seed round of financing, led by Archetype, with participation from Variant, Coinbase Ventures, Lemniscap, and Zynga co-founder Justin Waldron, bringing the total financing amount to $6.75 million. The platform combines AI code generation with hyper-casual games, and currently, 570,000 players have experienced 800 games on the platform. Remix was formerly known as Farcade, characterized by allowing creators to quickly generate games through text prompts and to perform "mash-up" style secondary creations on existing games. The platform plans to achieve profitability through in-game advertising and item commissions, and will soon launch on-chain monetization tools. Currently supports Telegram (based on the TON network) and World App, and will later be available on the new Coinbase wallet.