Friday, May 20, 2022
Home Press Release YGG SEA Partners with Solana Ventures to Supercharge Game Development in SE...

YGG SEA Partners with Solana Ventures to Supercharge Game Development in SE Asia

- Advertisement -
Follow-Us-On-Google-News

Taipei, Taiwan, 28th April, 2022, Chainwire

 

YGG SEA has formed a new partnership with Solana Ventures, the investment arm of Solana Labs, that will bolster the Yield Guild Games subDAO’s operations in Southeast Asia. This exclusive strategic agreement will lead to the provision of resources to the region’s game developers and broader gaming community. The partnership is part of a $500,000 private investment round co-led by Solana Ventures for YGG SEA.

Solana Ventures will work closely with YGG SEA’s country managers to develop training programs on building projects on the Solana blockchain, and connect game development studios to engineering resources to help deploy new titles in the Solana ecosystem. This will expedite game development and product launches in Southeast Asia, a region that has 225 million gaming and e-sports fans.

“Southeast Asia is a major hub of innovation in blockchain games, and we are excited to partner with YGG SEA to build sustainable value in the Southeast Asian communities and developer ecosystem. Game companies should not only focus on monetization. Our plans are to build out learning and development resources to create real, long-term value in Southeast Asia, and ultimately help bring the best games and products to market,” said Matt Beck, Head of Solana Ventures.

Meanwhile, as the range of titles that are available to the members of the play-to-earn community diversifies, YGG SEA’s scholars will be able to access a growing number of popular games built on Solana.

YGG SEA’s relationship with Yield Guild Games and its team of gaming industry veterans place the subDAO in the unique position to bring the most fun and engaging titles to the region, while helping local players benefit from the play-to-earn game model. Southeast Asia’s gaming community is an integral part of the global video game industry, and Solana’s long-term plans include significant expansion in the region. Solana’s partnership with YGG SEA is a monumental step toward achieving that goal.

“The demand for play-to-earn games is higher than ever, especially in Southeast Asia’s countries. YGG SEA’s core team and country managers have a deep understanding of the cultural nuances in this diverse region, and have been building our community of scholars from the ground up since early 2022. The new partnership with Solana Ventures will give YGG SEA an incredible boost and help us offer the best resources to players and developers in Southeast Asia as we continue to serve the needs of the region’s gamer communities,” said Evan Spytma, CEO and Co-Founder of YGG SEA.

About Solana Ventures

Solana Ventures funds projects for the Solana blockchain. Its mission is to accelerate the growth of the Solana blockchain and adjacent ecosystems by providing capital to the most promising teams building in the crypto ecosystem.

Website: https://solana.ventures

About YGG SEA

YGG SEA, the first subDAO of Yield Guild Games, is a decentralized autonomous organization for acquiring and managing NFTs used in the metaverse. Our mission is to create the biggest and most sustainable play-to-earn virtual economy in Southeast Asia. YGG SEA is a founding member of the Asia Blockchain Gaming Alliance.

Website: https://yggsea.io
Twitter: https://twitter.com/yggsea
Discord: https://discord.com/invite/yggsea
Medium: https://medium.com/@yggsea
Media Contact: Dominick Steer, [email protected]

 

Contacts
- Advertisement -

Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Bill Gates Says He Is Not Invested In Crypto Because It is Valueless to Society 

The former world's richest person does not have any love for crypto. Bill Gates, the co-founder of popular tech company Microsoft disclosed that he does...

Binance CEO Says UST and LUNA Crash Could Have Been Avoided If Terra Used Its Bitcoin Reserve Earlier 

CZ is still not happy with the way Terra handled last week’s situation as he believes the crash could have been avoided if the...

Tether CTO: LUNA And UST Were Flawed In Design But Not A Rug Pull

The team at Terra has been struggling to save LUNA and UST after a sudden crash that sent the price of LUNA spilling down...

Two Major Indicators Suggest Bitcoin (BTC) Possible Price Rebound Above $35,000 

There is a likelihood that Bitcoin's price will rebound soon as it currently sits around major support levels.   Following last week’s market turmoil that...

Majority Of Terra Community Wants New Luna Chain Without UST

The Terra community has been deliberating on the way forward after the crypto lost over 95% of its ATH value. Many in the crypto...

Can Crypto Payments Finally Take Off?

Helio, the Web3 payments company, launched its beta this week to offer a much-needed path for faster adoption of crypto payments. Its complete Web3...

Terra Amends Terra 2.0 Proposal To Accommodate Community Feedback

A few days ago, the Terra team, led by Do Kwon, made a proposal to the community to fork LUNA and create a new...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.