Cosmic Guild Raises $1.5M Seed Funding

Cosmic Guild is proud to announce a $1.5M seed financing round led by Binance Labs. The round was joined by DeFiance Capital, Alameda Research, Play Ventures and strategic angel investors from the gaming ecosystem.

The funds will be used to invest in yield-generating digital game assets that exist in the form of Non-Fungible Tokens (NFTs) and to expand the scholarship program run by Cosmic Guild. Cosmic will continue to expand its Axie Infinity scholarship program and have launched Pegaxy scholarship program.

Cosmic will continue to grow in the GameFi and Play-to-earn space and are actively looking for more games to partner with and expand its scholarship program.

Over time, Cosmic will be structured as a decentralized autonomous organization (DAO) and they will collectively be working to establish a strong community of active contributors who will work towards the long-term sustainability of yield for the DAO and to support the games that we are actively involved in.

ABOUT Cosmic Guild
Cosmic Guild (Cosmic) is a community-first guild, where gamers from all over the world come together as one community, united by their love for games.

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