Gamefi platform Polemos secures starting round worth $ 14 million

Gamefi platform Polemos secures starting round worth $ 14 million

Polemos, a Gamefi platform and play-to-ear guild, announced a seed round worth $ 14 million on Monday. This brings the startup and the upcoming decentralized autonomous organization (DAO) to a post-money rating of $ 100 million.

The capital will flow into personnel structure, investments in games and technical development, Polemos co-founder Sascha Zehe toe told.

"We have significant costs for the development of technology, and this is a part in which we want to scale both the team and the contractors in order to build even better and faster [on the] main tech stack, which we want to bring to space," said Zehe.

Polemos currently has around 25 employees, but expects at least 50 to be reached by the end of the year.

framework ventures and Delphi Digital are two leading investors in the round.

Michael Anderson, co-founder of Framework Ventures, told Blockworks that gaming guilds like Polemos are the "potential next phase of what an eSports franchise could look like".

"Guilds [are] something that has been in games for a long time, but now that we have NFTs, we have huge swaths of players who come into these games. The role of a guild has a much more pronounced function within this ecosystem than before," said Anderson. "It is part of asset management, part of technology companies and part of recruitment and marketing."

Other participants in the round are QCP, Goldentree, IOSG and LD Capital as well as the founders of Sushiswap, Coti, Tokemak and Altered State Machine.

Last year Polemos announced a strategic increase of $ 2 million with $ 40 million.

. .

The Post Gamefi platform Polemos secures $ 14m Seed Round is not a financial advice.