BlockchainSpace, a Singapore-based metaverse guild hub for play-to-earn communities, raised $3.75M in Seed funding.
The round was led by Animoca Brands, Spartan Group, and Infinity Ventures Crypto with participation from 3Commas Capital, Arca, Bitscale, CMS, Coingecko, Fenbushi Capital, GBV Capital, Mechanism Capital, Parataxis, Petrock Capital, Sfermion, Stablenode, and YGG. Included in the round are advisors and angel investors leading the NFT gaming industry, such as Aleksander Larsen of Axie Infinity, Jeff Zirlin (Jihoz) of Axie Infinity, Gabby Dizon of YGG, Sebastien Borget of The Sandbox, Colin Goltra (Former Head of Binance SEA) and KOLs such as Darren Lau of The Daily Ape, Miss Bitcoin and MrBlock.
The company intends to use the funds to continue to develop new tools and features to help guild owners manage their guilds by initially focusing on building three key aspects: Guild performance monitoring, Guild Data Bank, and a Guild Financial Bank.
Led by Peter Ing, CEO, BlockchainSpace builds tools to empower play-to-earn communities, and also runs several educational academies that identify economic opportunities in play-to-earn games and shares learnings for new guilds to enter the space. The platform’s tools and features are designed to save guild operators time, provide data and metrics, and give guilds access to capital, thus allowing them to focus on scaling their guild and improving performance. BlockchainSpace currently serves over 2,000 guilds and 545,000 players.
Beginning early next year, the company plans to introduce its Open Guild Marketplace, which, through the use of credit data, will allow for TradFi and DeFi integrations. Other upcoming features include automated credit scoring and loan issuance, as well as the deployment of its Ecosystem fund.