Ola Guild Games, an official partner of Yield Guild Games, has raised $8 million in funding.
This seed round was led by
BITKRAFT Ventures, Arca, Galaxy Interactive, Com2uS USA, Huobi Ventures, SparkDigitalCapital, BlockTower Capital, Infinity Ventures Crypto, Morningstar Ventures, Sangha Capital, Mentha Partners, ACTAI Ventures, Polygon Studios, TheVentureCity, YGG SEA, IndiGG, Bitscale Capital, FIR Capital, and Yield Guild Games.
Are participating in the project.
The funds raised will use to acquire NFT and create Spanish-language educational content and expand Play to Earn in Latin America, the United States, and Spain.
Co-founder Clara Bullrich said
The Hispanic market is similar to the Southeast Asian market, where Yield Guild Games (YGG) was born. Many people live in poverty and lack access to quality education, which is why there is a strong demand for blockchain games,” she said in a statement.
The guild also said in a statement.
According to the guild, the guild also said that there are 230 million monthly active gamers in the Spanish market.
At Ola Guild Games, the guild retains 30% of the overall revenue, which goes to a scholarship program that does not require a fee.
The program has approximately 3,000 participants.
Currently, only Axie Infinity and CyBall are playable, but in the future, the program will support blockchain games such as Genopets, Karmaverse, and StarSharks.
What is Ola Guild Games?
Ola Guild Games is a blockchain gaming guild launched in January 2022 and is an official partner of Yield Guild Games, one of the largest gaming guilds.
It is working to dramatically improve the quality of life for its members suffering from unemployment and inflation and bring financial inclusion to 5.6 million people in the Hispanic market through P2E.
(*Financial inclusion = helping economically unstable people access essential financial services)