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Multi-engine Web3 gaming platform PlaysOut completes $700 seed round financing, led by Kenetic Capital, etc.
DailyNews
APT-3,15%
Jinse Finance reported that PlaysOut, a multi-engine Web3 gaming platform, announced the completion of a $7 million seed round of financing, led by Kenetic Capital and KBW Ventures, with participation from Gam3Girl Ventures, Oak Grove Ventures, Aptos, Yugana Labs, Sentor Investments, Longling Capital, among others, reaching a valuation of $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, Non-fungible Token integration, and blockchain-driven economies.
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