By Shiela Bertillo
Philippine-based BlockchainSpace, a guild hub for play-to-earn communities, has raised $3.75 million in seed round funding held in Singapore. With these funds, the platform aims to establish itself as a guild hub leader in the metaverse as well as to continue empowering guilds with cutting-edge tools and access to financing.
BlockchainSpace is a blockchain community platform encouraging the growth of both local and international blockchain communities in the Philippines. It also builds tools to empower play-to-earn (P2E) communities, as well as runs several educational academies that identify economic opportunities in P2E games and share learnings for new guilds to enter the space.
The platform has unique tools and features designed to save guild operators time, provide valuable data and metrics and give guilds access to capital, allowing them to focus on scaling their guild and improving performance.
BlockchainSpace currently serves over 2,000 guilds and 545,000 players.
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 and complex technical understanding, and guilds will be leading this. BlockchainSpace is committed to empowering all guilds to grow 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.”
The investment round was led by global developer Animoca Brands, Spartan Group and Infinity Ventures Crypto. With further backing from 3Commas Capital, Arca, Bitscale, CMS, CoinGecko, Fenbushi Capital, GBV Capital, Mechanism Capital, Parataxis, Petrock Capital, Sfermion, Stablenode and Yield Guild Games (YGG).
Moreover, notable well-respected advisers and angel investors leading the NFT gaming industry are also included in the round, such as Aleksander Larsen 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. Key Opinion Leaders (KOLs) such as Darren Lau of The Daily Ape, Miss Bitcoin and MrBlock are also present.
This article is published on BitPinas: CryptoPH OG Group BlockchainSpace Raises $3.75M to Expand Metaverse Guild Hub