Animoca's all-new Guild Accelerator Program is aimed to identify and invest up to $500K in early-stage guild accepted into the program.
Animoca’s all-new Guild Accelerator Program is aimed to identify and invest up to $500K in early-stage guild accepted into the program.
Animoca Brands, the Hong Kong-based game software and venture capital company behind The Sandbox, has announced the launch of the Guild Accelerator Program in partnership with the global venture accelerator, Brinc., the Guild Accelerator Program will focus on developing the emerging play-to-earn guild ecosystem across the world. Animoca also revealed that the acceleration program will offer a total investment capital of up to $30 million for a period of two years.
The program will prioritize projects that commit to sustainability, such as supporting and giving back to player/scholar communities, having a lower physical footprint, focusing on energy-efficient proof-of-stake protocols as well as side chains. Avocado Guild’s Brendan Wong, YCG’s Saruboti Sasuke, Ancient8’s Howard Xu is set to support the Guild Accelerator Program.“As the world enters a new era of work and play, the play-to-earn guilds space has enormous potential for growth.
Despite the huge price volatility in the cryptocurrency market, blockchain-based games have continued to remain unfazed.
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