🍋 FRESH FUNDING 🍋
Attrace, DeFi Network: $2.5M. The funding round for the decentralized, trustless referral network was led by Deribit founders, with participation from Coinstone Capital and others.
Metis, Web3 Infrastructure: $4M. Metis’ first funding round was led by Block Dream Fund and Master Ventures, with other participants including Autonomy capital, Genblock Capital, Consensus Lab, AU21, M6, Lotus Capital, Oasis, Capital, CDF, and others.
Sky Mavis, NFT/Gaming: $7.5M. Libertus Capital led the Series A funding round for NFT game developer Sky Mavis with participation from Mark Cuban, Alexis Ohanian, Kevin Lin, BlockTower Capital, and others.
More:
- Sky Mavis plans to use the fresh funding to support Axie Infinity, an Ethereum-based and Pokemon-inspired monster collecting and battling game.
- Axie Infinity uses a “play-to-earn” model for its in-game rewards, allowing players to receive in-game benefits for the time and money they put into the game.
- In-game land deeds have proven to be a massive success for Mavis’ Axie Infinity, with nine plots of virtual land selling for $1.5M back in February.
- Sky Mavis recently implemented its Ronin sidechain for Ethereum, which is expected to help reduce gas fees.
