Introducing YGG’s Brazil-focused SubDAO: BAYZ
BAYZ, a gaming decentralized autonomous organization (DAO) with a world-class support staff, esports operations and content creation, is joining the Yield Guild Games (YGG) network as the guild’s subDAO for the Brazilian community.
With YGG’s support, BAYZ will be further empower to fulfill its mission. Acquiring and renting out top assets across different play-and-earn games to Brazilian players. And keep working as a leading web3 game publisher bringing the future of gaming to the Americas.
Brazil is the largest country in South America, with a population of over 214 million, of which about 11.9 million are unemployed at a rate of 11.1%. However, many have been discovering gaming as a way to fight poverty. And more and more of the country’s young gamers are becoming esports professionals. With the largest gaming market in the South American region and the 12th largest in the world, Brazil has cultivated a booming esports industry, with mobile esports seeing huge growth in recent years and accounting for 88.4 million players in 2021.
BAYZ is positioned to be an avenue of opportunity, especially in the region that are affected by poverty and unemployment. And it is working hard to introduce play-and-earn to Brazilian gamers and non-gamers alike. As a means to improve their current living conditions while they recover from the pandemic.
What BAYZ Offers
Currently, BAYZ has a wide variety of NFT assets from different blockchain games. Such as Axie Infinity, ThetanArena, Big Time, MetaSoccer, Fancybirds, Legends of Venari, Genopets, Influence, Castle Crush, Monkey League and more. The BAYZ website also offers an education and content platform with courses about the fundamentals of crypto, blockchain technology and play-and-earn games, which helps people who are new to the space.
The BAYZ team seeks to expand operations across multiple crypto games. Remove potential barriers to entry and introduce more people to NFT games around the world, starting with Brazil. Moreover, BAYZ has a vision of promoting NFT gaming market access, revolutionizing the gaming industry.
“BAYZ’s vision to educate players about blockchain gaming and to develop the play-and-earn ecosystem in their region is align with YGG’s mission of onboarding more people into the Metaverse with NFT games,” said Gabby Dizon, co-founder of YGG. “With Matt and João’s expertise in the Brazilian community and mobile gaming esports, we believe that this partnership with BAYZ will allow us to provide more value and create a bigger impact for the community.”
BAYZ Seed Round Led by YGG
BAYZ’s US$4 million seed round was led by YGG with participation from BITKRAFT, Delphi Digital, Valor Capital Group, Ascensive Assets, Fabric Ventures and Arca. Angel investors of BAYZ include Aleksander “Psycheout” Larsen and Jeffrey “Jiho” Zirlin of Axie Infinity. Sebastien Borget of The Sandbox, and Nickev of Rumble Kong League and reNFT Labs.
This funding allowed the gaming organization to kickstart their goal in acquiring assets from different play-to-earn games. BAYZ has already announced their official partnership with Axie Infinity, Fancy Birds, Genopets, MetaSoccer, and Influence.
SOURCE:
https://medium.com/yield-guild-games/introducing-yggs-brazil-focused-subdao-bayz-37f014b7238e
