Costa Rica, a USA-based company delivering comic books the digital by combining them with interactive games and NFTs, LightningWorks, raised USD 2.5 million in recent funding. The seed round took place on June 12, 2023. The company’s founder Geoff McCabe provided the investment to LightningWorks.
Purpose of financing for LightningWorks
The founder of the company invested in executing his vision into reality. Since its inception in 2020, the company has been bootstrapped.
However, with the additional financing, the company is now ready to move ahead with go-to-market initiatives for the world’s first NFT comic book.
What the company’s founder has to add
Geoff McCabe, founder as well as an investor of the company, said, “Nostalgia and wonder are not confined to a single generation. The thrill of owning a limited-edition work of storytelling art remains just as exhilarating for me today as it did when I was a child. However, as the world becomes increasingly digitized, there is a risk that collectable comic books may fade into obscurity. I refuse to let that happen. That’s why I have committed my life savings to realize my dream of preserving the magic of comic books in the digital realm. By digitizing legendary characters and immortalizing comic books as NFTs, we are not only safeguarding their cultural significance but also revolutionizing the way stories are told.”
He further added, “The business of comics is far larger than most people realize. Although sales are over ten billion per year, the characters, movies, toys, and other merchandise are over $200 Billion and rapidly growing. Spider-Man alone is said to be worth $4-6 Billion. The future of Web3 Entertainment is not just about allowing customers to own their stuff, but to involve them as co-creators in a story universe we build together.”
About the company
Geoff McCabe and Jordan Fiksenbaum launched the company in 2020. Costa Rica, USA-based LightningWorks tells legendary stories through interactive comic books, NFTs and Web3 gaming. The platform also allows artists, writers, and creators to leverage A.I. technology and bring their visions to life, monetize their creations, as well as connect directly with their audience.
Its epic tale Siege Worlds Zero, merges the classic comic genre with gameplay. Readers can ally with other fans to solve puzzles, engage in battles and share adventures from the comic stories in a heroic digital world.
Fans who own a copy of Siege Worlds Zero or the “LightningWorks Portal” are able to influence the outcome of their favourite stories, mint their own comic creations using a Derivative I.P. License, and own unique digital collectables within the comic universe. Each NFT holds intrinsic value and can be traded, sold, or showcased within the LightningWorks ecosystem.
Lightningworks aims to nurture a community where creativity flourishes and the potential for artistic expression is boundless, reshaping the way we experience stories and entertainment.
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