
Bowled
Bowled.io - World's 1st Play-to-Earn Cricket Strategy Game.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Early VC | |
Total Funding | 000k |
Bowled.io is a Singapore-based social gaming platform operating at the intersection of sports, gaming, and blockchain technology. Founded in November 2021 by Akshay Khandelwal and Rahul Singh, the company aims to bridge an experiential gap for sports fans by creating engaged communities. Khandelwal, an INSEAD alumnus, previously built a billion-dollar sports business in Asia and worked as a consultant for McKinsey & Company. Singh, an IIT/IIM alumnus and professional cricketer, was instrumental in building India's second-largest sports league at Disney Hotstar. The duo identified that the journey for sports fans was largely one-sided and sought to create a more interactive experience.
The company's primary offering is a sports-based social gaming platform, initially focusing on cricket, with plans to expand to other sports like football, basketball, and MMA. The platform is built on the Ronin Chain, developed by Sky Mavis, the creator of Axie Infinity. It targets a wide range of sports enthusiasts, from casual fans to dedicated fanatics, offering a variety of game formats from hyper-casual mini-games to strategic card games and real-time fantasy contests. Users can play for free, compete in player-vs-player matches, participate in tournaments, own digital collectibles (NFTs), and trade them in a marketplace. This model provides both social and potential economic benefits to users through play-and-earn and own-and-earn systems.
Revenue generation is structured around its in-game economy, which includes two tokens, $RUN and $BOWLD, and the trading of digital assets. The platform has attracted over 200,000 active users and has logged over 400,000 hours of gameplay. A significant milestone was the acquisition of the Bengaluru-based Web3 gaming studio NFT Premier League (NPL) in July 2022, which brought additional game development experience to the team. Bowled.io has raised $3 million in funding and is backed by investors including Sky Mavis, Jump Crypto, and has noted cricket commentator Harsha Bhogle as a strategic investor and brand ambassador.
Keywords: social gaming, cricket, blockchain gaming, play-to-earn, GameFi, NFT, digital collectibles, fan engagement, sports technology, fantasy sports, mobile gaming, Web3, player-vs-player, virtual economy, sports collectibles, Ronin chain, strategy games, hypercasual games, sportsverse, digital assets