PathDAO closes seed round led by DeFiance Capital and Merit Circle to be the SuperIndex of Metaverse
PathDAO is proud to announce the closure of our seed round from DeFiance Capital, Merit Circle, LVT Capital, Stakez Capital, Master Ventures and NewTribe Capital!
The goal of this round is to enable a long-term vision that will revolutionise the blockchain gaming space and bring fintech to the unbanked.
DeFiance is excited to back the capable hustlers at PathDAO in their quest to grow their guild into a mainstay in the Indonesian market.
With the fintech partners that they have onboarded, PathDAO is in a unique position to offer both fintech and DeFi products to their guild members!
- Arthur Cheong, Founding Partner at DeFiance Capital
Our Vision
PathDAO wants to be the SuperIndex of Metaverse. With more blockchain games coming into the space, it is getting harder for investors to make the right bet given the amount of noise in the market. With deep research, proactive community engagement and operational excellence, PathDAO aims to become the top-performing Metaverse asset investment and management organisation — creating superior return for $PATH holders.
Play-to-earn economy has transformed the lives of many in the developing world. PathDAO wants to provide our scholars with the best earning opportunities, a family across local communities and the opportunities to grow professionally within a gaming guild.
Most scholars in developing world are unbanked, without access to healthcare insurance, investment opportunities and financing facilities. PathDAO, as a gaming guild, is best-positioned to bring a whole suite of financial products to the unbanked. Imagine a scholar could now get access to healthcare insurance and a 20% APY on Anchor protocol?
Growth
Since launch in October 2021, we have
- brought in 1,000 scholars and aim to have more than 5,000 in January 2022
- closed a seed round led by DeFiance Capital and Merit Circle
- secured partnerships with 9 blockchain game ecosystems (Illuvium, Vulcan Forged, Playmon, CryptoUnicorns, League of Kingdom, Age of Tanks, Nine Chronicles, Geopoly, Sipher)
- assembled a strong advisor panel, including Kieran Warwick — co-founder at Illuvium, Kyle Chassé — CEO at PAID network, Anderson Sumarli — CEO at Ajaib, fintech unicorn in Indonesia, Prakash Somosundram — CEO at Enjinstarter and Pino Tedesco — CEO at LVT Capital
- launched the first NFT project, a co-generative NFT that allows the owner to define the final form of the art by inputting a phrase of choosing. Minting is now closed and close to 1,900 of them have been minted
Get involved
We are super excited to embark on this journey with our partners, investors, the community, and our users.
We will also be having our IDO on Copper on 4th December 2021. See more detail here.
Stay in touch with our progress every week, and join the Metaverse revolution by following PathDAO in these channels:
