We just raised $3.75 Million for our Seed Round to build the Guild Hub of the Metaverse
The funds will be used to continue developing cutting-edge tools and provide financing for Play-To-Earn guilds. The asset managers of the metaverse.
We are thrilled to announce that our seed round has officially closed, raising $3.75 million from a number of strategic partners.
The investment round was led by Animoca Brands, Spartan Group, and Infinity Ventures Crypto. The round also saw the participation of 3commas Capital, Arca, Bitscale, CMS, Coingecko, Fenbushi Capital, GBV Capital, Mechanism Capital, Parataxis, Petrock Capital, Sfermion, Stablenode, and YGG.
Included in the round are notable well-respected advisers and angel investors leading the NFT gaming industry such as Aleksander Larsen (Psycheout) of Axie Infinity, Jeff Zirlin (Jihoz) of Axie Infinity, Gabby Dizon of YGG, Sebastien Borget of The Sandbox and former head of Binance SEA Colin Goltra. KOLs such as Darren Lau of The Daily Ape, Miss Bitcoin and MrBlock.
Yat Siu, executive chairman and co-founder of Animoca Brands, said, “As blockchain gaming continues to evolve and reaches greater numbers of users, play-to-earn guilds have an increasingly important role as the asset managers and resource directors of the metaverse. BlockchainSpace fills a crucial support role that will allow guilds to perform better and at a larger scale.”
Thanks to the depth of knowledge of our investors and advisors we are well positioned to empower play-to-earn guilds from around the world and increase the adoption of crypto through NFT games.
Peter Ing, CEO of BlockchainSpace, said, “We have been committed to onboarding new users into crypto for over three years. Play-to-earn has shown the world how this can be done without the typical barriers of KYC — upfront investment, complex technical understanding, and we fully recognize that guilds will be leading this. BlockchainSpace is committed to empowering all guilds to grow in the ecosystem, and we are privileged to have prominent investors aligned in this vision, who, just like us, are committed to the long-term prosperity of the industry.”
Our investors will allow us to collaboratively uplift the metaverse by extending reach, building partnerships and opening doors to more strategic partners.
Infinity Ventures Crypto said, “BlockchainSpace is solving a pain point that guilds all over the world are experiencing. Their vision to build guild management tools will forever revolutionize the way guilds interact with their scholars. We are excited to be co-leading this round along with Animoca Brands and Spartan Group.”
“We see BlockchainSpace as a one-stop-shop that provides tooling and financing for guilds and gamers. Gaming guilds are becoming an essential part of the play-to-earn industry, yet, they encounter scaling difficulties due to poor management. We believe what BlockchainSpace is building, in addition to its established traction, could solve this pain point by delivering three core solutions: Building community through education, empowering community through better performance tracking, and accelerating community growth through better structuring and incentivization,” said Spartan Group.
The funds from this round will be used to enable a long-term strategy that will accelerate the play-to-earn industry as a whole. BlockchainSpace will continue to develop new tools and features to help guild owners manage their guilds by initially focusing on three key aspects: Guild performance monitoring, building a Guild Data Bank, and a Guild Financial bank to catalyze even stronger growth in the industry.
To Our Community
We would like to thank our community for the incredible support we have received since our launch. The collaborative nature of the play to earn industry inspires us to create as much impact as we can. We take in feedback from guild owners and scholars round the clock to understand current pain points and find solutions to improve guild management and source ways to scale their businesses. We are incredibly thankful and excited for the opportunity to work on something that we are all deeply passionate about.
BlockchainSpace currently serves over 2,000 guilds and 545,000 players. It has been incredible to witness the growth and openness of our community.
Beginning early next year, we plan to introduce our Open Guild Marketplace, which, through the use of performance data, will open doors to bridge financing to both guilds and scholars through TradFi and DeFi integrations. Other upcoming features include automated credit scoring and loan issuance, and further product development will be accelerated through the deployment of our Ecosystem fund. Reach out to us if you want to build off our data feed!
We will also be forging multiple partnerships with key players in the space to bring more visibility to the new asset managers of the metaverse! With that said, we’ll be releasing more information about our updates and future financing rounds on our social media, so stay tuned!
Having started one of the first Axie Scholarship guilds ourselves (Axie Academy), we know first-hand the challenges that come with operating a guild, and we are focused on being a neutral platform that can accelerate and maximize the potential of all guilds around the world.
We believe play-to-earn gaming guilds will be a core tenet of the crypto community over the long-term and will enable social mobility by providing non-discriminatory income to those in developing markets and will lead the future of a community-owned new economy through NFT games. The possibilities for how guilds will bring about new economic opportunity are mindblowing and endless and we want to play our part in piecing together the foundations to help guilds run smoothly and scale.
BlockchainSpace enables play-to-earn guilds to scale in the metaverse. We build tools to empower gaming communities and run academies to identify economic opportunities in games. Our aim is to embolden the next generation of play-to-earn gamers and guild owners to become successful entrepreneurs by equipping them with essential digital tools and financing.
Follow BlockchainSpace on social media to stay up to date with all the latest developments.