Rapidly expanding P2E guild, Play It Forward DAO (PIF DAO), raised a game changing $6 million in its latest round of funding, paving the way to expand the ecosystem and develop its project further.
A number of notable investors contributed to the drive, with the likes of Signum Capital, Kyber Ventures and UOB Venture leading the way, in addition to Jump Capital, Tokocrypto, Mintable and many others making an impact. PIF DAO will now use these funds to scale up the DAO scholarship program and finance investments in additional P2E projects, as well as levelling up the native guild management platform, P2E board.
Proud to announce today our US$6 million funding round to execute our mission to make play more rewarding and drive growth in the Metaverse!
Read more https://t.co/Y1Ofljwyq5
— Play It Forward DAO (we are hiring!) (@PIF_DAO) January 3, 2022
Despite only forming 6 months ago, PIF DAO has made waves in the play-to-earn space, providing a plug-in and play service to members throughout the Philippines and Indonesia. Going forward, they will drive further growth in order to take their experience to guilds across the globe.
PIF DAO currently has 40k players, and 3k scholars operating within its ecosystem, and participates in a number of industry leading titles, including Axie Infinity, Thetan Arena, Pegaxy and Dragonay. They aim to bring the world of play-to-earn to an entirely new group of gamers, revealing that: “PIF DAO’s objective is not to take a larger piece of the pie, but to grow the pie and increase rewards for players.”
Want more? Connect with NFT Plazas
Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram
*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
The post PIF DAO Raises a Staggering $6 million in Private Investment appeared first on NFT Plazas.
