MonkeyBall, a play-to-earn gaming platform has added another substantial sum of $3 million (roughly Rs. 22.4 crore) in a fresh funding round. Several venture capital firms as well as angel investors participated in the funding round including Solana Capital, Republic, NFX, and iAngels among others. The investment comes at a time many games based play-to-earn model have caught the attention of investors. Play-to-earn games allow gamers to gather NFT collectibles and crypto tokens while playing. These collectibles and tokens can be traded for profits.

MonkeyBall is an arcade football game featuring larger than life monkeys. With each victory, the players get awarded Solana tokens.

“When a match ends, the in-game currency token, MonkeyBucks ($MBS), is split between the winning team, the stadium owner, and the spectators who rooted for the winning team,” the official game website explains.