The Metaverse game by Flying Sheep Studios will be funded with $1.2 million from the German government. The funds will be used by the Cologne-based company to create the game Star Life, which will also have elements from the blockchain metaverse in the form of non-fungible tokens (NFTs).
The German government contributes $1.2 million to Flying Sheep Studios.
The Cologne-based startup Metaverse, Flying Sheep Studios, recently disclosed that it has received $1.2 million from the German government. The funds raised will be utilized to create Star Life, a multimedia online role-playing game that is part of the online metaverse.
The money was part of the budget allotted by the federal government to support interactive experiences, and it came from the German Federal Ministry for Economic Affairs and Climate Action. With this growth, the business was able to bring on more employees to speed up the game’s completion.
According to Thomas Rossig, Managing Director of Flying Sheep Studios, this kind of assistance is crucial for the growth of video games and the video game industry. It is to clarify:
WE ARE GRATEFUL FOR THE SUPPORT AND CONFIDENCE THE GERMAN FEDERAL MINISTRY OF ECONOMIC AFFAIRS AND LABOR HAS SHEEN IN OUR PROJECT. This funding serves as evidence that the federal budget for video games is operating as intended and is fostering the advancement of cutting-edge German know-how.