Bayz raises $4 million for NFT games

Bayz announced that it had closed its $4 million seed funding round.
Bayz NFT investment
Bayz received an investment of 4 million dollars for NFT games.

New gaming guild Bayz recently announced that it has closed its $4 million seed funding round. The lead investor was Yield Guild Games, while other investors included Valor Capital, Ascensive Assets, Fabric Ventures, Arca, and more.

Crypto investors Bitkraft and Delphi Digital participated, along with angel investors Sebastien Borget (The Sandbox), Aleksander Larsen, Jeff Zirlin (Axie Infinity), and Nickev (RumbleKongs & reNFTLabs).

Co-founders Matt Rutledge and João Borges plan to use the latest funds to invest actively and partner with leading blockchain game developers.

Matt Rutledge gave the following words in his speech;

“With the growth of NFT and blockchain-based gaming, we knew that we had an incredible opportunity to bring the play-to-earn platform to those who need it most. By building out our content pipeline and infrastructure, we’re committed to creating the resources needed to help gamers learn about the power of play-to-earn and help onboard them into the metaverse.”

As Bayz is a community-supported company, it will allocate some funds to the community fund, allowing its community to determine how those funds will be used.

João Borges made the following comments;

“We believe in the power of blockchain technology and its ability to help players elevate themselves and make their passion their job and we thank our investors for believing in our vision. Bayz has an important role in revolutionizing the game industry and positively impacting the lives of millions of people starting with Brazil.”

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