Zentry, an unconventional gaming platform that goes beyond traditional DAO structures, has announced a new development. The company has launched a strategic funding round, with notable participants including DWFLabs, Synergis, LongHash Ventures, and The Spartan Group, as well as various angel investors. This announcement was made on Zentry’s official X account.
Congratulations to the team! We look forward to your success in the gaming and SocialFi
https://t.co/0mehEuk8Hc
— DWF Labs (@DWFLabs)
May 30, 2024
Zentry Initiates a Distinctive Strategic Funding Round
In a series of posts, Zentry shared significant details about this new endeavor. The company expressed its excitement about the strategic funding round and highlighted how it demonstrates increasing confidence in their vision. They stated that this move validates their efforts to move forward.
Furthermore, Zentry revealed the names of additional collaborators who have become investors. These include SkyVision Capital, Arche Fund, Dapper Labs, Play Ventures, Vessel Capital, Animoca Brands, Defiance Capital, Hashed Capital, Pantera Capital, Coinase Ventures, and Binance Labs. The involvement of these entities as investors strengthens Zentry’s position and provides support.
Zentry also mentioned the inclusion of numerous angel investors in this strategic partnership. They specifically mentioned APG Capital, Spirit DAO, Konger, Grail, dingaling, Loopify, Soby, ZAGA BOND, and Seedphrase as angel investors. Other angel investors include The Mirza, Char Memecoin, and 9GAGCEO, with Awawat leading the group.
The company clarified that their objective is to integrate SocialFi and gaming. They believe that this vision is gaining significant attention in the market and sets Zentry apart, boosting investor confidence. With the support of the aforementioned investors, Zentry leverages extensive networks across Web3 and Web2 games.
The Initiative Aims to Bridge the Gap between the Digital and Physical Realms
Zentry also takes advantage of ecosystems and consumer brands to accelerate its growth and development. Their Play economy revolutionizes the gaming experience by providing lifelong value through The Metagame Layer. This innovative model establishes a bridge between the digital and physical worlds, offering cutting-edge opportunities for publishers and gamers.
With a substantial treasury of up to $150 million, Zentry aims to lead the new era of SocialFi and gaming. Together with their collaborators, Zentry focuses on driving widespread adoption.