<a href="https://ancient8.gg/">Ancient8</a>, a blockchain company based in Vietnam, announced that it has raised $6 million in new funding to support its work in establishing infrastructure for the Web3 GameFi sector. On Wednesday, the startup discussed the raised fund led by Makers Fund and C2 Ventures, an interactive entertainment venture capital firm.

https://twitter.com/Ancient8_gg/status/1534719691683508225

Pantera Capital, 6th Man Ventures, IOSG Ventures, Folius Ventures, Morningstar Ventures, Th3ia Capital, Sky9 Capital, and Play Ventures all contributed to current and new investors. According to Ancient8, the funds will be used to expand the company's software offerings and its community and gaming guild. According to the statement, the company has roughly 200,000 active users.
<h2>Gaming and Finance</h2>
GameFi - a mix of gaming and finance is a novel concept in the Web3 ecosystem that aims to provide gamers with ways to earn money as they play by offering tokens and NFTs as economic incentives. The domestic sector has begun to gain pace, according to Xu, thanks to prominent crypto game titles like Axie Infinity, which is situated in Ho Chi Minh City. Last year, GameFi's daily unique active wallets topped 1 million for the first time, owing mainly to <a href="https://www.cryptoknowmics.com/news/axie-infinity-axs-moving-towards-bullish-recovery/">Axie Infinity</a>.
<h2>Biggest Blockchain Gaming Guild</h2>
Ancient8 has built the biggest blockchain gaming guild in the country in an attempt to ride the coattails of that success. It also stated that it has partnered with over 25 of the most well-known GameFi initiatives. Axie Infinity and Phantom Galaxies, an open-world space sim produced by Animoca Brands, are two of the partnerships. Ancient8 is anticipated to release a GameFi Identity offering and a pair of tokens in the coming months as part of a Web3 gaming go-to-market strategy. The company also stated that it would use the products to connect with other popular blockchain games.

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Ancient8 Receives $6 Million to Develop Infrastructure Software for GameFi

Ancient8 has announced that it has raised $6 million in new funding to support its work in establishing infrastructure for the Web3 GameFi sector.

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Ancient8 Receives $6 Million to Develop Infrastructure Software for GameFi

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