Ancient8, a Ho Chi Minh City, Vietnam-based GameFi infrastructure developer and a large blockchain gaming guild and community, closed a US$6 million financing round.
The round was led by Makers Fund and C² Ventures, with participation from existing and new investors Pantera Capital, 6th Man Ventures, IOSG Ventures, Folius Ventures, Morningstar Ventures, Th3ia Capital, Sky9 Capital, and Play Ventures, among others.
The company intends to use the funds to accelerate the development of the infrastructure for GameFi and the Metaverse by building the next generation of software products, community, and guild.
Founded in July 2021 by Howard Xu, Ancient8 is building software to create infrastructure for GameFi, with a focus on community and software. It allows GameFi studios to identify high quality gamers and run Web3-native targeted advertising through the Ancient8 GameFi Identity product and Ancient8 Launchpads. For gamers and crypto communities, the company helps them create their GameFi identity profile, track and showcase their achievements in Web3, discover blockchain games, access guild scholarships, and learn about blockchain more effectively.
The company has built an active community of 200K+ members, providing GameFi education through the Ancient8 Blog, Twitter, Discord, and Ancient8 Research Portal— an institutional-grade research portal for GameFi. Ancient8 manages a large blockchain gaming guild in Vietnam with 3,500+ scholars using their own guild management software, and has partnered with 25+ top GameFi projects to date, including Axie Infinity, CyBall, Phantom Galaxies, Bigtime, Tatsumeeko, Delysium, Blast Royale, Apeiron, Angelic and many more.
FinSMEs
09/06/2022