BlockchainSpace guild has announced a $2.4 million investment round for P2E gaming communities. The additional investment in the industry will allow BlockchainSpace to attract 20,000 play- to- earn guilds from around the globe and increase the growth of NFT gaming industry.
The funding round was led by Morningstar Ventures, Crypto.com, Alameda Research, OKEx ventures and the Play- to-earn guild UniX Gaming.
BlockchainSpace is a metaverse building tool which creates a decentralized community for play-to-earn gamers which enables them to boost their act, access capital, and earn more money. Presently, BlockchainSpace provides more than 2,500 guilds which include more than half a million players from around the world.
The NFT technology has given life to a new form of blockchain interaction, P2E gaming. Projects like Axie Infinity, CryptoBlades and others are building their own blockchain economies in which gamers make a living by playing every day.
The most usual problem in this industry is the high entry barrier, which needs an investment of up to $100 to begin the game. But thanks to guilds, new gamers can access P2E games without having to invest hard-earned money. Instead, gamers share a percentage of their profits.
The largest associations on the P2E market have become separate decentralized communities, and the scale is constantly increasing, and more people are joining the NFT game ecosystem. With the help of hubs like BlockchainSpace, guild operators can manage their communities as businesses.
