Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca ...
A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic Investors According to an announcement from Avocado Guild on Wednesday, the organization raised $18 million from strategic investors. The capital raise stemmed from the firm’s Series A funding round which....
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Yield Guild Games is a big name in the blockchain gaming and gaming guild industry vertical. Its subDAO Yield Guild Games Southeast Asia (YGG SEA) has secured $15 million in funding through two private rounds. It is another example of how strong the momentum of play-to-earn gaming is in that part of the world. The […]
Yield Guild Games, an online gaming guild, has raised $4 million to power its play-to-earn proposal in a Series A funding round. The funding round was led by Bitkraft, a venture capital company specializing in e-sports investments. Other blockchain and crypto-related companies also participated. The company plans to include more gamers in its activities with these new funds. Yield Guild Games Raises $4 Million in Series A Funding Round Yield Guild Games, an online gaming guild, has managed to raise $4 million in its series A funding round, according to a company blog post. The round was....
The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors. Yield Guild Games, also known as YGG, has received the backing of several venture firms and angel investors as it embarks on a mission to expand its network and popularize the play-to-earn gaming model. The $4 million cash injection will be used to invest in nonfungible token, or NFT, assets of play-to-earn games, the company announced Wednesday. YGG describes....
Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round — which was led by Binance and had the participation of companies like Animoca Brands, a16z, Dialectic, Paradigm, and Accel — constitutes part of the actions the company is taking to recover its ecosystem and reimburse users.
Sky Mavis Raises Funds to Replenish Its Ronin Bridge
Sky Mavis, the operator of Axie Infinity, a recognized play-to-earn (P2E)....
Play-to-earn is booming, with startups Crypto Gaming United and Zebedee closing funding rounds of $5 million and $11.5 million respectively. Crypto Gaming United, a startup aiming to build a global community of nonfungible token (NFT)-focused play-to-earn gamers, hraised $5 million in an oversubscribed seed funding round.A Sept. 8 announcement notes the round was led by famed Australian venture capitalist Mark Carnegie and Chrono.tech CEO Sergei Sergienko — with the pair having co-founded the crypto-focused asset manager MHC Digital Finance.Australian investment managers Shaw and Partners....