GameFi Raises $12 Mln For Significant Digital Entertainment Asset.

GameFi Raises $12 Mln For Significant Digital Entertainment Asset.

2022-01-19 | Selina Mathew

GameFi Raises $12 Mln For Significant Digital Entertainment Asset.

Digital Entertainment Asset Pte. Ltd. (DEA), a Singapore-based premier ecosystem in the GameFi space, discusses its impressive financing phase and the upcoming steps for its play-to-earn environment.

JAFCO Investment sponsored the $12 million round for Digital Entertainment Asset.

The crew of Digital Entertainment Asset, among the most significant participants in the Asian GameFi category, has concluded a seed fundraising round, as per an authorized notification released by the company.

JAFCO Investment Ltd. spearheaded the financing, with support from seven openly traded firms, Spartan Group, and corporate investors.

DEA received money from a slew of notable business angels with unrivaled competence in blockchain-focused business development, in addition to major VCs.

New funds will be devoted to maintaining and growing DEA's core product, the PlayMining platform. DEA will also use the freshly generated cash to boost infrastructure development and personnel acquisition.

What is PlayMining? Creating a multi-product GameFi ecosystem

Yoshiyuki Shibusawa, president and CEO of JAFCO Investment, emphasized the critical relevance of DEA and PlayMining in the Asian NFT and GameFi businesses.

Naohito Yoshida, co-creator and CEO of DEA, is confident that the fresh fund will catapult DEA and all of its core products into the upcoming phase of growth.coin

PlayMining by DEA must be viewed as an all-in-one ecosystem of DeFi, NFT, and Play-to-Earn goods. PlayMining Games offers prominent blockchain-based game systems such as JobTribes, while the NFT:DEP platform enables players to effortlessly purchase and trade non-fungible tokens.

PlayMining by DEA must be viewed as an all-in-one ecosystem of DeFi, NFT, plus Play-to-Earn goods. PlayMining Games offers prominent blockchain-based game systems such as JobTribes, whereas the NFT:DEP platform enables players to effortlessly purchase and trade non-fungible tokens.

DEAPcoin holders are in control of the overall ecosystem (DEP). The total number of memberships on PlayMining has topped 2.4 million, with the bulk of accounts belonging to Indonesians, Filipinos, Taiwanese, Vietnamese, and Japanese residents.

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