SNACKCLUB Secures $9M Seed Funding To Launch Gaming DAO
SNACKCLUB , an innovative LOUD-affiliated startup, has recently raised its seed funding at a valuation of $9 million from prominent investors including Animoca, Ascensive Assets, Formless Capital, Jump Crypto, Mechanism, OP Crypto, and Shima Capital. The company aims to leverage the capital to launch a decentralized autonomous organization (DAO) dedicated to tap into blockchain innovation and help reimagine ownership in gaming. SNACKCLUB is Funded and Growing Blockchain integration plays an important part in accelerating the development of new gaming models such as Play-to-Earn, other crypto-based models or the latest Move-to-Earn. The concept of ownership becomes more evident. Despite this, research on in-game currency, equipment, or virtual assets has not delivered a coherent notion because ownership in gaming is still in its infancy. The goal of SNACKCLUB is to eliminate limits and leverage different revenue sources in order to introduce actual asset ownership to gaming and p...