Singapore-based GameFi company Digital Entertainment Asset (DEA) announced that it has raised $12 million during its seed funding round. Various publicly-listed companies including JAFCO Investment Ltd, led the mentioned fundraising. In a document sent to CoinQuora, the company said that it will utilize said amount to “create a world where people live by playing.”
Additionally, DEA has pledged to allocate capital to create a new content forum for its PlayMining platform, which the company bills as one of the fastest-growing in the NFT gaming space. Moreover, the company implemented this initiative to explore its user-based acquisition while expanding its NFT portfolio in the GamiFi market. DEA CEO and Co-Founder Naohito Yoshida said,
PlayMining is a platform that hosts a wide array of services including games like JobTribes and an NFT marketplace called NFT DEP. Powered by DEAPcoin (DEP), PlayMining has a strong goal to pursue a direct connection between creators and users in the GameFi market. According to the company, PlayMining has over 2.4 million registered users from the Philippines, Taiwan, Indonesia, Vietnam, and Japan.
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Source: Cryptocurrency - investing.com
