GuildFi, a Thailand-based interconnected Web3 ecosystem of games, non-fungible tokens (NFTs) and communities, said Wednesday it has raised $6 million in a seed round co-led by DeFiance Capital and Hashed.
Pantera Capital, Coinbase Ventures, Alameda Research, Animoca Brands, Dapper Labs, Play Ventures, SkyVision Capital, Coin98 Ventures, and other notable investors, also joined the round.
GuildFi said in a statement that with this financing round, it is evolving into an interconnected ecosystem that offers many powerful features, including GuildFi ID, game discovery, scholarship portal, GameFi tools, Proof-of-Play rewards, and Metadrop Launchpad.
To achieve this mission, GuildFi also looks to collaborate with game creators globally to identify and attract the right players while supporting them through in-game asset investment, campaign collaboration, and more to ensure successful launches and healthy growth.
It also takes guilds to the next level by serving as an infrastructure to onboard, connect, and add value to players, guilds, games, and investors alike.
“We solve discovery and access challenges for players by helping them discover new games, enhance performance with gaming tools, and track their engagement. With GuildFi ID, one ID serves all players’ metaverse journeys, and their achievements are no longer limited to specific guilds or games but instead contribute towards their ranks and elevate their lifetime benefits,” said Jarindr Thitadilaka, Co-Founder of GuildFi.
According to the statement, GuildFi is developing a Web3 infrastructure to connect games, NFTs, and communities, with an aim to maximize players’ benefits and enable interoperability across the metaverse.
With a number of Web3 games being unveiled, players and enthusiasts cannot easily navigate and dabble in them. Players face high start-up costs for joining new play-to-earn games, and scholarship funds are fragmented. Furthermore, players’ efforts are siloed within a game, hampering their earning potential and defying the maximal possibilities of the metaverse. GuildFi envisions a future where these intricate jigsaws are interlinked into an ecosystem.
“Valve’s Steam reorganized the order of traditional game platforms, but we, at Hashed, foresee that the next-generation game platform will be underpinned by a combination of play-to-earn gaming model and interoperable in-game assets. Hashed strongly believes the new paradigm for the gaming industry will be decentralized platforms. The more authority games give to the players, the more successful the game will be. In that respect, GuildFi has a solid potential to solidify its position as a new gaming platform,” said Ethan Kyuntae Kim, Co-Founder and Partner at Hashed.
With a strong base in Thailand, the GuildFi team has successfully launched a prominent gaming guild and the most popular Axie Infinity gaming tools on the market. These achievements created the foundation for the GuildFi platform, demonstrating its immense market fit by attracting over 100,000 registered users, 20,000+ daily active users, and 1,500+ scholars within three months of inception and illustrating its potential to expand globally.
“DeFiance Capital is proud to back GuildFi. GuildFi is led by a team with a passion for gaming and extensive experience in building crypto communities. Their unparalleled strengths in educating users and community building are demonstrated in their ability to build the largest network of influencers in Thailand as well as Asia. We believe they have the necessary building blocks to achieve this ambitious goal of connecting gaming communities and becoming an all-in-one platform serving the needs of players, games, and guilds,” said Arthur Cheong, Founding Partner, DeFiance Capital.