AH Capital Management, L. L. C., Andreessen Horowitz / a16z”), a venture capital firm dedicated to the crypto industry, recently announced its latest investments in Warriors games.a Decentralized Autonomous Organization (DAO) for investing in non-replaceable tokens (NFTS) used in virtual reality and blockchain-based games.
The investment round raised $ 4.6 million in new funds from Andreessen Horowitz and a number of investors transitioning into the crypto and gaming industry. The tour included Kingsway Capital, Infinity Ventures, Crypto, Atelier Enterprises and Machine Zone, Inc. Gabrielle Leydon, co-founder and former CEO of the Palo Alto mobile game development company, was in attendance. June July’s new tour followed a $ 4 million Guild game series in early June and was led by BITKRAFT Ventures, a gaming-focused venture company.
Yield Guild Games is a Decentralized Autonomous Organization (DAO) co-founded by Filipino entrepreneur Gabby Dizon (CEO), Beryl Lee (CFO) and neme Owl (CTO). DAO is dedicated to designing and implementing “play to make money” business models in crypto games such as Axie Infinity. CEO Dizon has been active in the mobile gaming industry since 2004 and has launched projects in the blockchain space until 2018. Dizon is also the founder of Altitude Games, a Manila game studio that released the blockchain game Battle Racers in 2019. Dizon is a board member of the Alliance for blockchain games.
Lee, Dao’s CFO, has worked in blockchain since 2014 and graduated from Cambridge University and was president of the cryptocurrency community in 2016. He also serves as GCP FX Quants at BlackRock Asset Management and is an entrepreneur in residence. Coins.ph, a major Philippine cryptocurrency exchange and payment platform acquired by Gojek in 2019 for $ 72 million. The third co-founder, nem Owl, supposedly remains anonymous and serves as Dao’s CTO.
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