According to CoinDesk, Initialized Capital, founded by Alexis Ohanian, announced that it recently led the seed round of blockchain gaming company Horizon, plus fund investments in the blockchain industry such as Coinbase Ventures and Polychain Capital, totaling $3.75 million. It also announced Horizon's first "SkyWeaver" based on the Ethereum blockchain. SkyWeaver is a card collection competitive game similar to Hearthstone.