The multi-engine Web3 gaming platform PlaysOut has completed a $700 seed round of financing, led by Kenetic Capital and others
The multi-engine Web3 gaming platform PlaysOut announced the completion of a $700,000 seed round financing. The round was led by Kenetic Capital and KBW Ventures, with participation from Gam3Girl Ventures, Oak Grove Ventures, Aptos, Yugana Labs, Sentor Investments, Longling Capital and others. The valuation reached $70 million.
The new funds are intended to drive its efforts to bridge the gap between Web2 and Web3, enabling developers to unlock monetization models by building assets on-chain and exploring token-based incentives, NFT integration and blockchain-driven economies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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