According to Odaily’s incomplete statistics, a total of 48 domestic and overseas blockchain financing incidents were announced during the week from February 14th to February 20th, a certain increase from the previous week; Cosmos), Trace Finance, and 5ire, which is only in the committed investment stage for the time being, have disclosed a total financing of approximately US$467 million, a significant drop from the previous week.
Last week, there was only one vertical project in the circle with a financing amount of more than US$100 million. Helium, a decentralized wireless network operator, completed a US$200 million round of financing at a valuation of US$1.2 billion. Tiger Global and FTX Ventures participated in the investment. There are many projects that have completed tens of millions of dollars. Among them, the interoperability network Axelar, the core developer of the decentralized database protocol Ceramic, 3Box Labs, and Animoca Brands KK, a Japanese strategic subsidiary of Animoca Brands, etc., are worth noting.
The following are the specific financing events (Note: 1. Sorting according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
The following are the specific financing events (Note: 1. Sorting according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
According to official news, the global payment technology company Flutterwave announced that it has completed a US$250 million round of financing at a valuation of US$3 billion. B Capital Group led the investment, Alta Park Capital, Whale Rock Capital, Lux Capital, Glynn Capital, Avenir Growth, Tiger Global, Green Visor Capital, Salesforce Ventures and others participated in the investment.
In previous news, the Stellar Development Foundation (SDF) announced that the global payment technology company Flutterwave has opened two new European and African remittance channels on the Stellar network. By partnering with TEMPO, Flutterwave is leveraging the Stellar network and Stellar USDC to simplify remittance transfers in Africa.
Decentralized wireless network operator Helium has completed a $200 million Series D round at a $1.2 billion valuation, with participation from Tiger Global and FTX Ventures.
According to previous news, in August 2021, Helium announced that it had completed a financing of 111 million US dollars through token sales, led by a16z, and participated by Ribbit Capital, 10T, Alameda Research, and Multicoin Capital. In 2019, Helium also received $15 million in Series C financing with participation from Union Square Ventures and Multicoin Capital. (Axios)
British Neobank Atom completes over US$100 million in financing
British Neobank Atom has completed more than US$100 million in financing, led by Spanish banking group BBVA and investment manager Toscafund. The round values Atom at $590 million, and the company says it is an important step toward its public listing. (The block)
Blockchain startup 5ire secures $100 million capital commitment from GEM
5ire, a blockchain startup, announced that it has secured a $100 million capital commitment from GEM Global Yield LLC SCS (GGY) to seek an IPO filing.
In addition, prior to this capital injection, 5ire completed a US$21 million seed round of financing at a valuation of US$110 million, with participation from Alphabit, Marshland Capital, Launchpool Labs, and Moonrock Capital. (Economic Times. India Times)
Blockchain interoperability network Axelar announced the completion of $35 million in financing at a valuation of $1 billion. Investors include Dragonfly Capital, Polychain Capital, North Island Ventures, Rockaway Blockchain Fund, Cygni Capital, Lemniscap, Olive Tree Capital, Blockchain Ventures , Node Capital, angel investors include Waikit Lau and Gokul Rajaram, etc. The project is rolling out its mainnet in stages since late January. It is reported that Axelar is building a decentralized network and tools to connect users, assets and dApps across multiple blockchain ecosystems. The network enables developers to build on the best platform for their needs, while leveraging the Axelar stack to unlock cross-chain composability and liquidity. The Axelar Network consists of protocol suites, tools, and APIs designed to break down barriers to cross-chain communication.
3Box Labs, the core developer of the decentralized database protocol Ceramic, announced the completion of a US$30 million Series A financing led by Multicoin Capital and Union Square Ventures, with participation from Fenbushi Capital and DAOSquare. Funds raised will be used to accelerate the development of Ceramic and increase data composability in the Web3 ecosystem.
It is reported that Ceramic is a decentralized network for composable Web3 data. The network consists of three core components; a scalable, decentralized data infrastructure; open APIs for storing, modifying, and retrieving data; and a community-created marketplace for reusable data models. With Ceramic, developers are able to build applications in an ecosystem of composable data.
Web3 mobile wallet Rainbow completes $18 million in financing, led by Seven Seven Six
Rainbow, a Web3 mobile wallet start-up company, completed its Series A financing of US$18 million. This round of financing was led by Seven Seven Six, a venture capital firm owned by Reddit co-founder Alexis Ohanian. Other specific financing information has not yet been disclosed.
It is reported that Rainbow is an encryption start-up company building a mobile wallet application, which allows users to interact with decentralized applications on the Ethereum blockchain, and tries to extract as much technical knowledge as possible from the process, allowing purchases or Selling NFTs is as easy as possible, and a public beta of the Rainbow app for Android has recently launched.
RabbitHole Completes $18 Million Series A Financing Led by Greylock and TCG Crypto
RabbitHole, an on-chain interactive incentive platform, announced the completion of Series A financing of US$18 million, co-led by Greylock and TCG Crypto. The funding will support its efforts to make Web3 more meritocratic through on-chain certification, expanding its initiatives to help protocols combat speculation.
It is reported that RabbitHole hopes to guide users to complete a series of on-chain operation tasks by introducing gamification thinking, cultivate the usage habits of DeFi users, and bring value to the middleware on the chain while completing tasks. For new users, it's a way to learn by doing, earn cryptocurrency along the way, and build credentials to become contributors to emerging protocols. For agreements, it is a competency-based approach to identifying, acquiring, and engaging quality contributors.
Banger Games Completes 10 Million Euros in Strategic Financing, Avalanche and Others Participate
The start-up Banger Games has completed strategic financing of 10 million euros (about 11.4 million U.S. dollars), aiming to become the first blockchain game center that provides players with a comprehensive experience. Avalanche, Shima Capital, GSR, Flori Ventures, Poolz Ventures, G20, LucidBlue Ventures, Belobaba Fund, Square Capital, CSP DAO, Halvings Capital, OIG Capital, and BigCoin Capital participated.
Banger Games is seeking to establish a shared currency and economic system for gamers, where players can freely challenge and enjoy themselves through competition, earning money, trading, etc. Its team will organize smart contract-based tournaments for mainstream games such as CS:GO. The team also developed a module for in-game achievement management, a cloud gaming platform, and an anti-cheat bot platform. (U. Today)
According to official news, Animoca Brands announced the launch of its strategic subsidiary Animoca Brands KK (Animoca Brands Japan) in Japan, which completed a 1.1 billion yen (approximately US$10 million) seed round of financing last month, with participation from MCP IPX One Fund and others. Investors in MCP IPX One Fund include Kodansha, West Japan Railway, Sumitomo Mitsui Trust Bank and others. The financing is used to expand the global influence of Japanese IP, including animation, games, art, etc.
Web3 Native Computing Platform Fluence Completes $9 Million Financing Led by Multicoin Capital
Fluence, a Web3-native computing platform, received $9 million in financing, led by Multicoin Capital, with participation from Alameda Ventures, Tiger Global, Protocol Labs, Arweave Capital, Polymorphic Capital, OP Crypto, Signum Capital, and UOB Venture Management.
It is reported that Fluence is a decentralized and permissionless AWS. Fluence can read data from any public data source (IPFS, Filecoin, Arweave, Ceramic, Ethereum, Polygon, Solana, Flow, etc.), perform computations on it, and store the newly computed data back into any of these repositories.
Digital Infrastructure Inc, the development company behind the decentralized Internet of Things platform DIMO, announced the completion of $9 million in financing. CoinFund, Variant Fund, Slow Ventures and Table Management participated in this round of financing. Angel investors include former General Motors CEO Rick Wagoner and others. This round of financing will help Digital Infrastructure and its partner companies to open source the core software and launch a software development kit (SDK) for developers to build web applications.
It is reported that DIMO is a decentralized software and hardware Internet of Things (IoT) platform that allows users to create verified vehicle data streams and share them with applications, which allows users to obtain a better service experience. (Coindesk)
VC firm True Global Ventures invests $8.3 million in healthcare blockchain firm Chronicled
Venture capital firm True Global Ventures has invested $8.3 million in healthcare blockchain company Chronicled through its blockchain-focused fund. Chronicled said its Series B funding round is planned for later in 2022.
It is reported that Chronicled has raised a total of nearly 16 million US dollars since its Series A financing in early 2019. (Tech in Asia)
Maverick Protocol, a decentralized encryption derivatives agreement, announced the completion of US$8 million in strategic financing. This round of financing was led by Pantera Capital, with Circle Ventures, Altonomy, Coral Ventures, CMT Digital, GoldenTree Asset Management, Gemini Frontier Fund, Spartan Group, LedgerPrime, Jump Crypto, Taureon and TRON Foundation participated in the vote. It is reported that Maverick Protocol plans to raise funds to launch the main network and expand the underlying protocol in the middle of this year. Joey Krug, co-chief information officer of Pantera Capital, said that Maverick’s license-free protocol has the ability to meet the growing demand for medium-sized cryptocurrency derivatives in the DeFi market. Provide traders with low-slippage services and LPs (liquidity providers) with more capital-efficient pledge services. (Newsbtc)
MixMob Completes $7 Million Seed Round, Led by Defiance Capital
According to official news, Solana ecological P2E game MixMob announced the completion of a $7 million seed round of financing, led by Defiance Capital, Ascensive Assets, Not3lau Capital, IOSG, Genblock Capital, Shima Capital, Skynet Trading, Merit Circle, Avocado Guild, Morning Star Ventures, Rising Stars, Solana Insiders, Illuvium co-founder Kieran Warwick, Arthur Hayes, Kyber founder Loi Luu and others participated in the investment. MixMob will use the new financing to drive subsequent game development.
Crypto Startup Multis Announces $7 Million Funding Led by Sequoia Capital
Multis, an encryption start-up company, announced the completion of $7 million in financing, led by Sequoia Capital, with participation from Long Journey Ventures, Sound Ventures, MakerDAO, Paul Veradittakit, Ryan Selkis, Diogo Monica, eFounders, Y Combinator, and White Star Capital. According to reports, Multis plans to provide a software layer that helps Web3 organizations manage their encrypted finances. (Tech Crunch)
Dexalot, a decentralized exchange, completed $7 million in financing, with participation from Blizzard, Avalaunch, Colony, Benqi, AVentures, Avascan, Republic Capital, GSR, Muhabbit Capital, Woodstock Capital, Maven Capital, and IPC. (Crypto Daily)
Pax.world, a project of Xunyuan Universe, completed a US$5.8 million seed round and private equity round of financing. Reef, DFG Capital, TRGC, BlueZilla VC, Shima Capital, DextForce, Poolz, AU21 Capital, and Jump Trading participated in the investment. (Be in Crypto)
DexGuru, a decentralized trading terminal, announced the completion of a US$5 million strategic round of financing. Shima Capital, Huobi Ventures, Wintermute, Impossible Finance, Mirana Ventures, Legos Capital, HoneyDAO, Nima Capital, D1 Ventures, Woodstock, Supernova, etc. participated in the investment.
DexGuru plans to become a Bloomberg terminal for any permissionless DeFi market on the chain, providing detailed information on the spot market on the chain and decentralized AMM exchanges. In the future, it also plans to provide information on NFT, options, contracts, bond markets and other types of products. Provides a concise real-time overview of the entire crypto market and its key stakeholders, and allows Web3 traders to easily monitor the on-chain flow of any and all assets.
Aurox closes $5 million seed round at $25 million valuation
Aurox, an encrypted trading terminal, has completed a $5 million seed round of financing at a valuation of $25 million. Participating investors include Deborah Braun and Brett Rose of RB Capital, as well as some high-net-worth individuals.
The funds raised will be used to recruit product personnel, release new products and plan to go public. Khazaradze, CEO of Aurox, said that this round of financing is the company's pre-IPO plan, and there may be several more rounds of financing before the IPO. The company plans to go public by the end of this year. (Blockworks)
Official news, privacy app Shade Protocol completed $5 million private placement financing, SCRT Labs, Figment Labs, KuCoin Labs, Composable Labs, AW3 Labs, NGC Ventures, Sky Vision Capital, A41 Ventures, SkyBridge20 Ventures, 0xVentures, Bison Fund, Quant Capital, Citadel.One, Shima Capital, Momentum6, Basics Capital, Taureon, Divergence Capital, Boring DAO, AVentures, etc. participated in the investment.
It is reported that Shade Protocol is a privacy protection dApp based on the privacy public chain Secret Network. At present, its main product is Silk, a privacy-based algorithmic stable currency.
NEAR ecological DeFi project Ref Finance announced the completion of $4.8 million in financing, led by Jump Crypto, Alameda Research, Dragonfly Capital, D1 Ventures, OKX BlockDream Ventures, Kucoin Ventures, SevenX Ventures, Kronos, Move Capital, Puzzle Ventures, 0xMaki, Caoyin, etc. Participate in voting. Ref Finance’s current round of financing aims to expand its team, continue to build DeFi services, and better support the NEAR ecosystem.
It is reported that Ref Finance is currently serving as an AMM and stable currency exchange market, providing a one-stop DeFi service for the NEAR ecosystem.
AlgoTrader, a provider of encrypted quantitative trading platform, completed the Pre-B round of financing of US$4.5 million, led by Credit Suisse Entrepreneur Capital and C3 EOS VC Fund, and participated by SBI Investment, Fenbushi Capital, Verve Ventures, Quonota Investments, NeueCapital, etc. (PR News Wire)
Hyperspace completes $4.5 million financing, co-led by Dragonfly and Pantera Capital
Solanalysis, an NFT data analysis website on the Solana chain, announced the completion of a $4.5 million seed round of financing and changed its name to Hyperspace. This round of financing was jointly led by Dragonfly and Pantera Capital, with Jump Capital, Solana Capital, NFX, Galaxy Digital, Shima Capital, Coinbase Ventures, Sfermion, 6th Man Ventures, Soma Capital, Social Capital and Folius Ventures participated. It is reported that this financing was carried out a few months ago, but it was not made public until recently. Hyperspace plans to build an NFT transaction aggregator to help users purchase NFTs in the NFT market on the mainstream Solana chain, and all transaction price information can be browsed and accessed in one place.
Brazilian financial technology company Trace Finance announced the completion of a US$4.3 million seed round of financing, led by HOF Capital, with participation from Circle Ventures and The Chainsmokers. Funds raised will be used to strengthen the company’s global banking solutions for startups, starting with the US and Brazil. (Finextra)
Bullieverse announced the completion of $4 million in financing, Rainmaker Games, OKX Blockdream Ventures, Fundamental Labs, GracityX, LD Capital, Genblock Capital, Spark Digital Capital, Roark Fund, Shima Capital, ExNetwork, Mintable, DWeb3, Gate Labs, Good Games Guild and C² Ventures. (Crypto Daily)
Fayre, the NFT market, completed $3.8 million in private equity financing, with participation from Outlier Ventures, Protocol Labs, Titans Ventures, China Polka, BMW Capital, and Dutch Crypto Investors. (Globe News Wire)
Gemie raises $3.8M led by Shima Capital, Soul Capital and Kenetic Capital
Xunyuan Universe Project Gemie announced the completion of US$3.8 million in financing, led by Shima Capital, Soul Capital and Kenetic Capital, Infinity Ventures Crypto, NGC Ventures, Spark Digital Capital, ICO Pantera, SL2 Capital, Oddiyana Ventures, Beyond Next Ventures, Qudax LLC and Avstar Capital participated in the investment.
The new financing will be used to accelerate the development of the Gemie Marketplace and the entertainment-themed Metaverse. The company has entered into partnerships with several high-level artist management companies and film production companies in Asia. With the additional resources, the company will expand its discussions with more players in the entertainment industry. Gemie expects to announce its first collaborating celebrity early in the second quarter of 2022. (Cointelegraph)
Housecat, a mirror trading protocol based on Polygon, announced the completion of financing of 3.5 million US dollars (3 million euros). This round of financing was participated by 3KVC, BlueYard Capital, Inflection, Notation Capital, etc.
Housecat is a mirror trading protocol based on Polygon, which allows anyone to synchronously copy the positions and transactions of other wallet addresses on the Polygon blockchain, designed to allow users to easily copy the trading behavior of successful traders. (The Block)
According to official news, Singaporean cryptocurrency security audit company Lunaray announced that it has recently received multi-million dollar strategic investments from jubi ventures and huibrothers capital.
It is reported that Lunaray will launch an automated security audit platform based on Web3 in the near future. The platform combines years of security audit experience with automated artificial intelligence, aiming to serve the field of cryptocurrency security audit more comprehensively and effectively.
Polygon-based P2E game Ethlas announced the completion of a $2.7 million seed round of financing, Sequoia Capital India, YGG Southeast Asia, Global Blockchain Innovative Capital, Venturra Capital, Play It Forward DAO, Blockchain Space, Genesis Fund, Deus Ex DAO, Hustle Fund, etc. Participate in voting.
Pixels Closes $2.4M Seed Funding Round Led by Animoca Brands and PKO Investments
According to official news, Pixels, a metaverse-focused P2E MMO game, recently announced the completion of a $2.4 million seed round of financing, led by Animoca Brands and PKO Investments, with participation from OpenSea, Untapped Capital, and Leonis Capital.
Pixels will use the new funding to focus on fully building out and expanding the initial game features in preparation for a token launch scheduled for late Q2 2022.
Fusotao Protocol Completes USD 2.4 Million Seed Round Financing, Led by D1 Ventures and Others
According to official news, Fusotao Protocol, a verification protocol based on the order book matching system, announced the completion of a $2.4 million seed round of financing, led by D1 Ventures, Seven X Ventures and Big Brain Holdings, Octopus Network, 0x Ventures, Vespertine Capital, CeloLaunch Labs, Alpha Investment Group, Cryptobuddy and Alpha Investment Group participated in the round.
The new financing will be used to initiate and fuel the growth of Fusotao Protocol, with the goal of supporting multiple founders to build an order book-based DEX on-chain using its matching engine and verification protocol.
According to official news, Gamium, a metaverse technology company, announced the completion of private equity financing of US$2.25 million, with participation from DAO Maker, Magnus Capital, Vent Finance, Master Ventures, and ZBS Capital.
According to official news, Backdrop, a Web3 project, completed a financing of US$1.7 million, with participation from Seed Club Ventures, Lemniscap, Scalar Capital, el cap, Betaworks Ventures, and Coinbase Ventures.
Backdrop aims to help users shape how they participate and work in the Web3 community and DAO, and will also issue community member NFTs that unlock direct access to participate in Backdrop community project discussions and governance.
NFT ID universal identity protocol Skill Wallet completed US$1.65 million in financing. This round of financing was led by Third Kind Venture Capital (3kvc), with participation from Graph Ventures, Youbi Capital, ConsenSys, Protocol Labs, Fenbushi Capital, HashKey, Eniac Ventures, and Pareto Holdings. Angel investors include Behance founder Scott Belsky and others.
It is reported that SkillWallet is the first protocol to achieve permissionless and universal identity. It aims to connect individuals with the community and rewards individuals based on their participation. By sharing a collective, decentralized identity verification system, DAOs will help DAO members build identity LEGOs in a more secure, community-owned, and financially sustainable way. (Distributed capital official account)
Titan Mining Receives $250,000 Private Equity Investment from Digital Finance Group
Bitcoin mining pool Titan Mining received $250,000 in private equity investment from the global encryption investment company Digital Finance Group, raising funds that will enable the company to expand the business scope of its Bitcoin mining pool while utilizing the Digital Finance Group network. On the other hand, Titan's technology and industry knowledge will enable DFG to expand its influence when communicating with investors interested in Bitcoin mining. (Briefly)
Ruby Play Network, a blockchain game platform, received a strategic investment of US$100,000 from crypto marketer Coinpresso. (AMBCrypto)
Encrypted trading platform Gemini announced that it has received a strategic investment from Blockchain Infrastructure Alliance (BIA), a blockchain infrastructure alliance, through BIA member and venture capital fund Draper Dragon. create. It is reported that the investment in Gemini is part of BIA's broader investment plan, which aims to promote the expansion of decentralized technologies and communities.
Since its establishment in the fourth quarter of 2021, BIA has attracted many entities in the encryption industry to join, including Polygon, Avalanche, Alchemy Pay, NEAR and Algorand, etc. In addition to incubating promising new projects, BIA provides services such as developer tools and documentation, open source libraries, decentralized applications with open source components, developer educational materials, and interoperability solutions. (AMBCrypto)
Aurora Lending Project Aurigami Completes Financing Led by Dragonfly Capital and Polychain Capital
Aurora-based decentralized lending market Aurigami announced the completion of financing, co-led by Dragonfly Capital and Polychain Capital, Mechanism Capital, Amber Group, Jump Crypto, Coinbase Ventures, Alameda Research, Lemniscap, QCP Capital, DeFi Capital, Folius Ventures, D1 Ventures And Genblock Capital and other institutions participated in the investment. Angel investors include Aurora CEO Alex Shevchenko, Ribbon CEO Julian Koh, CoinGecko co-founders Bobby Ong and TM Lee, Etherscan CEO Matthew Tan, and Nansen CEO Alex Svanevik.
It is reported that Aurigami can make the assets on Aurora more strategic and more effective use. Idle assets can be turned into interest-bearing auToken, which can be leveraged through mortgage lending, and the borrowed funds can be deployed elsewhere to obtain additional income. The project is planning to launch the mainnet.
DeHorizon, the game ecosystem of Xunyuan Universe, completed a new round of financing led by Griffin Gaming Partners and Circle Ventures. The financing scale was not disclosed. DeHorizon will use the funds to incubate a portfolio of games and expand the team. (Venture Beat)
Tartarus Completes Strategic Funding Round Led by Black Edge Capital and Solidity Ventures
Fantom-based IDO Launchpad Tartarus announced the completion of a strategic round of financing, led by Black Edge Capital and Solidity Ventures, with participation from Banter Capital, Oddiyana Ventures, Newave Capital, GBV Capital, 3Commas Capital, Stakely VC, Paribus Ventures, and Beskar.
It is reported that CryptoDaku and Fabian Van Doesburg recently joined its advisory board.
GameFi project Kyberdyne completes private placement financing, led by Shima Capital and LD Capital
According to official news, the GameFi project Kyberdyne announced the completion of private equity financing. Shima Capital and LD Capital led the investment, and Skyman Ventures, Good Games Labs, AC Capital, NFV and others participated in the investment. The specific financing amount has not been disclosed yet. It is reported that Kyberdyne is a blockchain card building game produced by a 3A game company, with a cyberpunk art style and a story background of the wasteland world.
Kyberdyne will conduct an IDO on DAO Maker's Infinity-PAD on the 17th of this month, and then conduct an IDO on the Gamestarter platform on the 21st. The beta version of the game will be released shortly after the IDO ends.
Manta Network Receives Strategic Investment from Binance Labs to Jointly Promote Web3 Privacy
According to official news, Web3 privacy protection protocol Manta Network announced that it has received strategic investment from venture capital and innovation incubator Binance Labs. It is reported that the layer1 network built by Manta Network uses zkSNARK (zero-knowledge proof) to protect the privacy of assets on the chain. Based on the Substrate framework, Manta can make other parachain assets private through the interoperability of Polkadot and Kusama networks.
In the future, Binance Labs will continue to support Manta Network to create more innovative products, services and technologies to improve on-chain privacy.
Binance Labs Strategically Invests in Multi-chain Liquidity Protocol Symbiosis Finance
According to official news, Binance Ventures and innovation incubator Binance Labs announced a strategic investment in Symbiosis Finance, a multi-chain liquidity protocol. The funds will be used to support Symbiosis Finance's development and strengthening of the team during the launch of the mainnet, enabling the team to increase resources from more EVM and Support for non-EVM networks, and add extensions and integrations with different wallets. According to reports, Symbiosis Finance is a decentralized multi-chain liquidity protocol, and users can use this protocol to exchange Tokens across chains. Currently, the protocol supports 4 networks including BNB Chain (formerly BSC), Ethereum, Polygon, and Avalanche, and more networks will be expanded in the future.
Copyright NFT Platform Euterpe Receives Investment from Huobi Ventures
According to official news, Euterpe, the first copyrighted NFT platform, announced that it has received investment from Huobi Ventures, the venture capital arm of Huobi Group.
Euterpe said that the new funds will be used to develop a new, unconventional NFT market, which can not only provide users with high-quality fraud-free content, but also provide strong protection for creators’ IP. Euterpe has previously received investment from Fenbushi Capital, Brightway Future Capital, UpHonest Capital and other institutions, and has begun internal testing.
Aleph Zero, a privacy public chain project, announced that it has received strategic investment from RR² Capital. The specific investment amount has not yet been disclosed. (NewsBTC)
PlayDapp Announces Strategic Investment in LandFi Metaverse Project Klay City
DApp game portal PlayDapp announced a strategic investment in the LandFi metaverse project KlayCity. The two parties plan to conduct all-round cooperation in the metaverse and blockchain business, using NFT centered on the LandFi metaverse and the PlayDapp NFT market. Previously, Kakao's blockchain investment subsidiary "Crust" and Hong Kong's well-known chain game company "Animoca Brands" have invested in the project.
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