PlaceWar completes a private funding round with $1.8 million from the world’s leading blockchain investment funds.

PlaceWar announces the completion of its private sale with $1.8 million from industry leading VCs. PlaceWar is a multi-chain deployed Play-to-earn decentralized strategy game with engaging gameplay. PlaceWar allows players to create and define a perspective of the game world through building, combat, and alliances.

The funding round attended by many investment funds reinforces the evidence that the crypto market is in high demand for P2E titles as it can be seen that the increase in the number of crypto games at the moment at and at the same time many people have demonstrated the possibilities of these titles as an alternative source of income. P2E offers opportunities for both game developers and players as both can benefit from a symbiotic relationship in which companies create a platform for players to build, trade, and improve on. play, while players monetize their contributions and participation.

PlaceWar Official founded in early 2021, has since reached a remarkable milestone with a community of more than 25,000 participants. At the end of the private sale, investment funds poured in more than 1.8 million USD. Notable venture capital funds that participated in this round include AC Capital , AU21 Capital, WoodsonGame, Exnetwork Capital, Icetea Labs, IoTex, Kyros Ventures, LD Capital, Lucid Blue Ventures, Megala Ventures, Metrix Capital , ReBlock, RoseOn, X21 Digital, and many more top blockchain investors.

As part of the celebration of the completion of the seed round and private sale, the Blockchain, Crypto & Defi 2021 event of Block Tides and PlaceWar was successfully held at Okada Manila, Grand Ballroom, Philippines with the sponsorship of the Leaders. prominent leader in the Blockchain field in the Philippines, and covered by media giants such as Manila Times, Manila Bulletin, etc.

Myrtle Ramos, Founder of PlaceWar said: “PlaceWar is very grateful, and we would like to thank all the VC partners and Investors who participated in the private funding round. Closing this round gives PlaceWar the confidence to push the project further and gives PlaceWar the impetus to deliver exceptional results for investors and the community.”