The Web 3.0 hybrid gaming service, CryptoHunter World, has announced the completion of a $2.8 million private funding round with participation from IOST, HG Ventures, Mindfulness Capital, Bigcandle Capital, Web3Wave and Layer-OTC. The new funds will support its development of a blockchain RPG game that aims to change the landscape of blockchain games by integrating unique mechanisms. The project uses GPS technology to provide a gaming experience and allows players to own in-game assets on the chain. It is reported that the project plans to launch closed testing between September and October.