With the backing of Crypto.com Capital, Animoca Brands and other heavyweights, YGG SEA is all set to bolster the regional P2E gaming ecosystem
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While the initial round was led by YGG and Infinity Ventures Crypto (IVC), the follow-up round saw participation from Crypto.com Capital, Animoca Brands, MindWorks Ventures, Poloniex, Jump Capital, Sembrani Kiqani (a fund by BRI Ventures), Circle, Digital Currency Group, Hashed, Polygon, Bukalapak, United Overseas Bank (UOB) Venture Management, Arca Funds, Evernew Capital, OKEx Blockdream Ventures, Yolo Ventures, SevenX Ventures, LongHash Ventures, Hashkey Group, Morningstar Ventures, Rise Capital, Dialectic, SweeperDAO, PetRock Capital, DNC Ventures, FBG Capital and Emfarsis.
Animoca Brands CEO, Robby Yung commented, "As an investor in YGG, Animoca Brands is a supporter of the YGG SEA team, its business model, and its regional focus. We believe YGG SEA will strongly contribute to onboarding players to blockchain across South East Asia."
YGG SEA is the first regional subDAO of Yield Guild Games, focusing on players from Malaysia, Indonesia, Vietnam, and Thailand. The subDAOs like YGG SEA are at the core of YGG's expansion strategy across the world as they have the local knowledge and networks. To expand quickly and deeply, having regional subDAOs is key to the community development of the overall...
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