Vietnamese blockchain gaming guild Ancient8 said that it had completed a US$6 million private financing round led by Makers Fund and C² Ventures.
Existing and new investors, including Pantera Capital, 6th Man Ventures, IOSG Ventures, Folius Ventures, Morningstar Ventures, Th3ia Capital, Sky9 Capital, and Play Ventures, also joined.
Ancient8 will use the money to accelerate the development of the infrastructure for GameFi and the metaverse by building the next generation of software products, community, and guild. Ancient8 will also develop several GameFi infrastructure software products.
Founded in July 2021, Ancient8 builds software to create infrastructure for GameFi. It helps GameFi studios identify high-quality gamers and run Web3-native targeted advertising through the Ancient8 GameFi Identity product and Launchpads.
At the same time, the firm helps gamers and crypto communities create their GameFi identity profile, track and showcase their achievements in Web3, discover high-quality blockchain games, access guild scholarships, and learn about blockchain more effectively.
According to a press statement, the startup has built an active community of 200,000+ members and manages a blockchain gaming guild in Vietnam with 3,500+ scholars. Besides, it has partnered with 25+ top GameFi projects, including Axie Infinity, CyBall, Phantom Galaxies, Bigtime, Tatsumeeko, Delysium, Blast Royale, Apeiron, and Angelic.
“We will continue to expand our product offerings, partner with more innovative projects and games, and grow our influence and reach with a large global community,” said Howard Xu, Co-Founder of Ancient8.
In the coming months, Ancient8 will launch a GameFi Identity product and a pair of GameFi Token and NFT Launchpads designed to enhance the go-to-market strategy of Web3 games. Ancient8 will use these products to connect top blockchain games with its deeply engaged global community of GameFi enthusiasts and enable users to enjoy the most intuitive experience possible in the world of Web3.
In January this year, Ancient8 attracted US$4 million in a seed funding round co-led by VC funds Dragonfly Capital, Pantera Capital, and Hashed.
Source of information is e27.