Alameda Research Taps MonkeyBall as the Esports Institution of Metaverse

After highlighting Ascensive Assets and OKEx BlockDream Ventures, IDO Week of Spotlights continues with the most respected crypto firm — Alameda Research — who jumped on the MonkeyTrain as our latest supporting partner.

So, who is Alameda Research?

Established in 2017, Alameda Research is a multi-stage crypto and fintech-investment firm on a mission to make finance more accessible for everyone. Run by one of the deepest and most experienced teams in crypto, they are one of the top, if not the biggest, digital assets funds on the planet! The assistance and support from Alameda further strengthens MonkeyBall’s long-term objectives and cements our standing as a permanent fixture in the esports metaverse.

Tell us about Alameda Research and the firm’s beginnings.

Founded by Sam Bankman-Fried, the richest person in Crypto, current CEO and founder of the FTX, Alameda Research owns FTX, is the biggest investor in Solana Labs, manages over $5 billion in digital assets, and trades over $10 billion per day across thousands of products; all major coins and altcoins, as well as their derivatives. Aside from Solana and FTX, some of their notable investments include 1inch, Paraswap, Alpha, StarkWare, Immutable, Star Atlas, and Messari just to name a few. With a full-scale global operation, Alameda has the ability to trade on all major exchanges and markets.

Aside from MonkeyBall, what have been the investment you’re most proud of?

Solana. We knew from the beginning that Solana would be a game-changer. They have not only proven that but they have also exceeded our expectations.

What motivated Alameda to invest in and support MonkeyBall?

Overall, we are very impressed by the whole MonkeyBall team, as they have excellent game development experience and are also crypto native, having a deep understanding of blockchain-based economics and token design. We know they have what it takes to build a successful token-based game on Solana.

What is Alameda’s prediction for the future of Play-to-Earn?

I think we will see an interoperable GameFi ecosystem, where one game’s asset and currency can be used or exchanged in another game. In-game assets can be accessed via different metaverses. There will be different play-to-earn / work-to-earn economies in one unified multi-metaverse ecosystem.

That’s all for today’s Spotlight on Alameda. Wow! What a session with such a crypto giant!

Stay tuned as we continue IDO Week!

Head of Marketing

Oren Langberg

About MonkeyLeague:

MonkeyLeague is the next-gen esports game on the metaverse that enables players to Create, Play, Compete, and Earn.

MonkeyLeague combines high-production-value, multiplayer gaming with Solana blockchain, NFTs, and decentralized finance to deliver an exciting, turn-based, play-and-earn soccer game that’s easy to learn yet hard to master.

Get on the MonkeyTrain:

Discord | Telegram | Twitter | Youtube | Twitch | Facebook | Instagram | Reddit

Check out the MonkeyLeague Sneak Peek!