Froyo Games raises strategic round of $1.6M led by Animoca Brands and other investors
Participants in the round include Spartan Group, GBV Capital, BTC 12 Capital, Mirana Ventures, Avocado Guild, Hooga Gaming, Chain Capital, Genblock Capital, Icetea Labs, Gamefi, Bigcoin Capital, Gate Labs, Newman Capital and KOI Capital
November 2021, Singapore, Froyo Games, a multi-chain GameFi infrastructure, announced today that it has raised a strategic funding round led by Animoca Brands. Other participants include Spartan Group, GBV Capital, BTC12 Capital, Mirana Ventures, Avocado Guild, Hooga Gaming, Chain Capital, Genblock Capital, Icetea Labs, Gamefi, Bigcoin Capital, Gate Labs, Newman Capital and KOI Capital.
Froyo Games is a multi-chain GameFi infrastructure that enables existing gaming and esports ecosystems to transition to the open metaverse on Ethereum and Binance Smart Chain. Froyo Games is a decentralised platform that allows game developers, publishers and esports operators to collaborate and engage with the gamer community in an intuitive manner, and foster the latest Play-to-Earn gaming trend.
Froyo Games offers numerous products within its ecosystem such as an NFT launchpad, social gaming platform, Play-to-Earn games, and esports channels among various others. Froyo Games is developed and backed by experienced game developers and esports operators with successful track records of building world class gaming and esports products for the emerging open metaverse, forming communities for the broader Web3 ecosystem.
Animoca Brands is a global leader in gamification and blockchain with a large portfolio of over 100 investments in NFT-related companies and decentralized projects that are contributing to building the open metaverse.
The new funding announced today will be used to fund Froyo Games operations and product development.
Yat Siu, the executive chairman and co-founder of Animoca Brands, commented: “We are leading this strategic raise for Froyo Games because it aligns well with our vision to bring more gamers into the world of blockchain. Froyo Games is building a highly promising platform that incorporates extensive gaming businesses ranging from casual mobile gaming to esports, and we look forward to its growth and development.”
About Froyo Games
Froyo Games is a multi-chain GameFi infrastructure based on Ethereum and Binance Smart Chain. It hosts an expanding ecosystem with simple yet powerful tools that game developers and esports operators can easily integrate with minimum blockchain skills. Our mission is to empower developers and content providers to get an edge in this exciting and competitive Web3 environment through our SDK, allowing them to get a strong foothold in the open metaverse gaming scene.
Aside from this, Froyo Games also has its own product suite that anyone can use to make the best of the platform, from a GameFi launchpad, NFT marketplace, robust esports channels to a gamified social marketing platform that builds user awareness and social engagements, bringing growth to the increasing number of games in Froyoverse open ecosystem.
Media contact: info@froyo.games
