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Decentral Games secures additional funding from BSC under its $1 billion fund

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Decentral Games, a metaverse and play-to-earn gaming platform have secured an additional funding investment under the $1 billion Growth Fund launched by Binance Smart Chain (BSC), a leading crypto ecosystem. 

The investment which is primarily channeled through the $100 million Liquidity Incentive program will see Decentral Games gaining significant liquidity to mass roll out play-to-earn games on top of scaling on BSC with aggressive user acquisition. There are also plans to develop BSC-branded games and venues in the Decentral Games metaverse.

Prior to acquiring funding from the $100 million Liquidity Incentive program, Decentral Games secured an initial round of investment in $DG from BSC through their $100 million Accelerator Fund in September this year. 

“The Liquidity Incentive funding from the $1Billion BSC Growth Fund is aimed at providing selected projects with support in accelerating user growth. We’re happy to provide liquidity incentive funding support to Decentral Games, as it continues to pioneer play-to-earn gaming in the metaverse,” said Samsul Karim, BSC Coordinator.

Decentral Games has developed 3D Metaverse games on the blockchain since 2019. Their latest play-to-earn game, ICE Poker enabled players to earn tokens by solving daily challenges and competing against each other. The play-to-earn metaverse poker game has seen a 4X increase in the number of daily active users and a marked increase of assets in Decentral Games’ DAO treasury since going live three weeks ago. The three drops of ICE wearable NFTs were sold out within minutes of going on sale on Decentral Games’ marketplace.. 

Apart from a successful launch for play-to-earn ICE Poker, Decentral Games has recently partnered with other leading cryptocurrency projects such as, Polygon (Matic), TRON, Decentraland and APENFT and is expected to accelerate the course of mass adoption of crypto and metaverse platforms through advanced GameFi.

Disclaimer: This is a paid post and should not be treated as news/advice.

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.

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