Sydney, Australia, April 6, 2022 — Global GameFi platform and play-to-earn (P2E) guild Polemos has closed a $14-million seed round at a $100-million fully-diluted valuation, establishing it as one of the fastest-growing entrants in the global GameFi sector.
Funds will go to further developing its proprietary tech platforms, which will facilitate the lodgement and leasing of nonfungible tokens (NFTs), data analytics and educational resources for scholars as well as investment in new P2E games and team growth.
Notable contributors to the round included Delphi Digital, QCP Capital, Framework Ventures, Golden Tree Asset Management, IOSG Ventures and LD Capital. Notable high-net-worth backers include the founders of Coti, Tokamak Network, SushiSwap and Altered State Machine.
With more than 3.24 billion global gamers, 2.5 million unique wallets interacting daily with NFT games and $4.8 billion in revenue created by NFT games in 2021 alone, the market potential for leading platforms and guilds to drive growth in the space is expected to grow rapidly.
Polemos anticipates significant growth in 2022 with the release of a series of high-quality games it will be supporting, including Illuvium, MonkeyLeague, and Fancy Birds. Triple A-produced NFT game titles will increasingly drive traditional gamers to the blockchain through platforms and guilds such as Polemos.
Sascha Zehe, co-founder of Polemos, said: “Polemos’ vision is to become one of the world’s leading decentralized autonomous organizations (DAOs) and bring tens of millions of global digital asset providers and gamers together inside a unified GameFi ecosystem. With the growth of our platform, we expect to soon see thousands of guild members playing the most popular P2E games. By bridging esports and decentralized finance communities, we will revolutionize gaming and create opportunities that have never been seen before.”
Yan Liberman, managing partner of Delphi Digital Ventures, said, “We are proud to have invested in Polemos in both the pre-seed and this latest round of funding. The opportunity in front of a GameFi DAO such as Polemos is astronomical, and we have strong confidence in their ability to build one of the most successful GameFi platforms globally.”
Michael Anderson, co-founder of Framework Ventures, said, “We think blockchain gaming is going to be the largest top-of-funnel opportunity for onboarding new users into crypto, and the gaming guild model will play a huge role in shaping these new communities. In Web3, games are only as strong as their player base, and we believe Polemos will supercharge important games such as Illuvium by participating in governance, increasing player access and building competitive esports teams that will drive eyes and players toward these ecosystems.”
Late in 2021, Polemos released a white paper that revealed its strategy to build the world’s first GameFi platform to allow any individual or group to connect and monetize idle NFT-gaming assets from integrated blockchain games.
The Polemos GameFi platform will be a world-first decentralized combination of a marketplace, guild and university, governed by a Polemos token that is being released for public sale in the coming months. One percent of all revenue from tokens will be donated to a foundation to support the local communities of the guild members.
The Polemos University is also launching in the upcoming quarter to provide an expanding hub of world-class education and training geared toward new and experienced blockchain game players.
Tom Hall, co-founder of Polemos and chairman of AsianLogic Limited, said, “As one of the largest online betting and customer support platforms in the world, Asianlogic has a unique insight into emerging trends around the mobilization and deployment of online wealth. Further, at The Sporting News, we see the convergence between sports, esports and new forms of blockchain gaming as well as ever-increasing user demand for news and information relating to NFTs and NFT games. We are excited about the opportunity to provide some of our staff, partners and readers with access to opportunities to grow their wealth and education through Polemos.”
To join the community and learn more, join the Polemos Discord channel.
Polemos is the world’s first GameFi platform and P2E guild leading strategy, technical and competitive games on the blockchain. The Polemos GameFi platform will be a decentralized combination of a marketplace, guild and college governed by a Polemos token that is being released for public sale in the first quarter of 2022. The Polemos platform allows any individual or group to connect and monetize idle NFT-gaming assets from integrated blockchain games.
The Polemos guild bridges the gap between traditional gaming and the P2E economy by creating a competitive global team of players from aspiring beginners to the highest ranks of gaming experience. Unlike other guilds, Polemos leverages the years of experience amassed by thousands of sophisticated gamers and passes this knowledge on to anyone globally who wants to play blockchain games for fun and financial support.
Erika Streegan — email@example.com