June 27, 2026
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Crypto Desk

SimFabric secures $1M for Sniper X proof of concept

Crypto social isn’t dead, it’s just changing hands

SimFabric has signed an investment agreement with a Delaware tech firm to secure $1 million for its Sniper X project, which will help fund a proof of concept. This move comes as part of the company’s strategy to raise additional funds for research and development, reflecting a broader trend among blockchain gaming firms toward proof-of-concept investments to validate new titles prior to their full-scale launches. SimFabric is focusing on external partnerships to expedite its project milestones in the increasingly competitive Web3 gaming sector.

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