We are happy to announce today that we’ve completed our private round of fundraising $3 Million + from top-notch leading VCs.
This funding round solidifies the proof that we will make a huge change for the Gamefi landscape as we see that the rise of crypto games has been seen all around the world.
AFKDAO Milestones
AFKDAO was founded in 2022 and has since achieved a notable milestone with a community of over 37,000 and counting, 13,000+ people who have minted our AFKDAO Warrior badges, 356 and counting for onboarded Jedi Apprentice through our AFKDAO Jedi Program, co-sponsored the first-ever largest NFT, Metaverse, Gamefi event in Southeast Asia with over 1200+ attendees at Cove Manila, closing the seed round with GBV, SevenX, DFG, Lucidblue Ventures, 151 East, Reframe, Teoh Capital, Froyo Games.
The private sale round investors have invested over $3 million +. The venture capitals and institutions that participated in this round are the following:
AC Capital
AC Capital is an investment firm focusing on the blockchain and finance market, dedicated to discovering unicorns and expanding the development and adoption of blockchain technology through investments and marketing services.
Avocado DAO
Avocado DAO is the Decentralised Autonomous Organisation for Avocado Guild. Avocado DAO’s mission is to provide more to many in the Metaverse.
YKA
Yunko Association (YKA) aims to help people all over the world take part in this life-changing opportunity. Their guild is going to focus on several “play-to-earn” games that bring players together to earn real profit.
Youbi Capital
Youbi Capital is a venture capital firm investing in Blockchain technologies and disruptive decentralized applications. The firm is committed to long-term value investment in the Blockchain ecosystem and has invested in more than 20 next-generation Blockchain technologies.
GEMS
GEMS propels Esports into 3.0 by integrating Gamefi, Metaverse, and SocialFi elements, and leverages on its founding partners’ chain of Esports hotels.
Sharding Capital
Sharding Capital is a thesis-driven investment firm that invests in blockchain projects from the early stages. Being veterans in the space, they specialize in supporting their portfolio projects all the way through to launch in fundraising, marketing advisory, development, influencer marketing, and community development.
CryptoVN
CryptoVN specializes in assisting and partnering with promising projects in the blockchain industry for ICO/IEO/IDO fundraising and connecting with notable VCs and KOLs in the Vietnamese crypto community. After 1 year of establishment, CryptoVN has partnered with dozens of small, medium, and large crypto and blockchain projects from all over the world, by investing and providing active support to achieve maximum exposure in the Vietnamese market.
Keys Labs
Keys Capital is a research-driven crypto venture fund based in Singapore. They aim to
bridge the crypto world and link every dream that changes the world.
Blokpact
Blockpact Capital is an investment firm aiming to help build breakthrough products of the future. The company supports and invests in promising entrepreneurs and companies building within the blockchain sector with a focus on Digital Assets, FinTech, and cutting-edge Decentralized Technologies.
Koi Capital
Koi Capital DUAL KOI insignia represent the YIN & YANG, a perfect balance of approaches they practice in their venture. They believe that all ventures or undertakings should deal with a dual approach, a soft passive ( YIN ) or rigid passive ( YANG ) due to the market interoperability and susceptibility to change.
IOBC
IOBC is an investment institution focused on primary market investments in the blockchain industry. A branch of the traditional FinTech group which has more than 10k employees all over the world, also the second-largest wealth management group in Asia.
Play It Forward DAO
Play It Forward DAO is the unique combination of a guild management platform (P2E Board) and a large-scale guild of scholars numbering in the thousands (PIF Guild). Allowing broad access to Play-to-Earn gaming, PIF DAO is poised to be the growth engine of a Plug-and-Play Metaverse.
Lead Capital
Lead Capital is a venture company focusing on the blockchain market. They have exclusive integrated technology, quantitative analysis, and professional market research. Through professional insights and years of experience in the crypto market, Lead Capital lead the participants to embrace cryptocurrencies with higher confidence.
SilverFox Foundation
SilverFox Foundation was started in Silicon Valley, with solid experience in Blockchain industry investment, mainly focusing on the Public chain ecosystem, Web 3.0 application, Layer 2, and Storage. Their team is mostly from the Valley, professional, energetic, and open-minded. They define themselves as reliable partners with their portfolio mates, keeping them accompanied on the way to their successes with funding, advising, and partnership outreach.
Hot DAO
Hot DAO HOT DAO is a blockchain innovation laboratory launched by HOTBIT. A multi-million dollar ecological foundation is set up to focus on investing in Polkadot ecology, DeFi, NFT, and potential projects etc. It will focus on investing in high-quality projects in distributed data store field.
FishDAO
FishDAO is a Decentralized Autonomous Organisation. Their core objective is to democratize access to early-stage investment opportunities to allow the smaller fish to compete with the typical VC.
YGG SEA
YGG SEA is the first subDAO of Yield Guild Games and is a decentralized autonomous organization for acquiring and managing NFTs used in the metaverse. Their mission is to create the biggest and most sustainable play-to-earn virtual economy in Southeast Asia. YGG SEA is a founding member of the Asia Blockchain Gaming Alliance.
NFV
NFV is a Professional Blockchain Investment Institution. They are focusing on investment in the blockchain industry, energizing projects with professional support and related resources.
WAGMI33
WAGMI 33 Foundation is a private equity investment DAO governed by decentralized principles. The mission of Wagmi33 is to discover the best teams and innovations in Web3-related areas.
GMC Capital
GameMine Capital (GMC) is a venture capital fund focusing on the incubation and investment of blockchain games. They have expertise in crypto-mining and Tokenomics, a professional team of game players + researchers. Also, they offer strong technical support.
Hoo Labs
Hoo Labs started out its journey as a crypto wallet in 2018 and quickly evolved into a well-reputed crypto exchange, offering a vast array of products, including an OTC platform, Spot and Futures trading, Collateral Loan, HooSmart Chain, Hoo Custody, Hoo Research, Hoo Cub Fund, Hoo Labs, HooSwap, and HooPool.
RedHat Capital
RedHat Capital is an institution based on decentralised financial market, supporting blockchain start-up companies in multiple ways including funds, technology, operation, marketing and more, to lead them to long-term organic growth.
“We are very humbled and grateful, and would like to thank all our VC and Investors for taking part in our private funding round.” — AFKDAO Management
About AFKDAO
AFKDAO is a DeFi infrastructure for utility NFTs. We believe that the value of utility NFTs comes from the high utilization rate of such NFTs including membership passes, game NFTs, etc. To maximize the NFT utilization rate, we need to make NFTs rentable and accessible to NFT-specific DeFi services to make them a real asset class rather than tied up to sole centralized utilities within a game.
AFKDAO Social Media Handles
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