Exciting times await in the realm of Web3 gaming as Digital Entertainment Asset Pte. Ltd. (DEA), a prominent global GameFi company, confirms a strategic funding agreement with KDDI Open Innovation Fund 3. This partnership not only showcases the rising significance of Web3 in entertainment but also hints at an upcoming convergence of real and virtual worlds, facilitated by innovations in the blockchain.
- DEA secures funding from KDDI’s Open Innovation Fund 3.
- Collaborative strides anticipated in the Web3 arena.
- Enhanced Web3 services and initiatives to be launched by both entities.
- Strategic partnerships may accelerate the mass adoption of GameFi and Web3.
Web3 Advancements: “αU” Metaverse
In March 2023, telecommunications giant KDDI unveiled its groundbreaking “αU” (pronounced “Alpha U”) metaverse Web3 service. It’s an ambitious step towards bridging the real and digital domains. Integral to this initiative is the rollout of the “αU Market” – an NFT marketplace, and the revolutionary “αU Wallet” for cryptocurrency storage.
DEA’s Rise in GameFi
Marking its inception in spring 2020, DEA’s PlayMining GameFi platform has experienced exponential growth, now boasting over 2.7 million users across 100 countries. As of August 2023, the platform’s native DEAPcoin stands out as Japan’s pioneer Play to Earn token. Furthermore, PlayMining’s distinction as the world’s first-ever Play to Earn token economy showcases DEA’s leadership in the GameFi space.
Strategic Collaborations Ahead
DEA and KDDI’s alliance isn’t just financial; it’s ideational. They are mulling extensive collaborations in the Web3 domain. The highlights include potentially integrating KDDI’s αU metaverse service with DEA’s PlayMining games and driving DEA’s “Social Impact Game” initiatives jointly. Through these joint endeavors, the aim is clear: catalyze the adoption of GameFi and fortify Web3’s implementation.
From the Executives’ Desks
Mr. Shunpei Tatebayashi, from KDDI’s Web3 Promotion Department, lauds DEA’s stellar performance in the evolving Web3 landscape. He sees DEA’s accomplishments as a symbol of reliability. Expressing admiration for DEA’s ethos of blending entertainment with societal contributions, he shares high hopes for collaborations with DEA to forge new value in the Web3 epoch.
Naohito Yoshida, DEA’s Founder & CEO, articulates his enthusiasm about the synergy with KDDI. He perceives a shared vision: leveraging Web3 to blend entertainment with token-driven incentives, thereby fostering societal good. With initiatives like incorporating PlayMining assets with “αU” and crafting social impact games, the alliance aspires to redefine entertainment in the burgeoning digital age.
KDDI’s Venture Insights
KDDI Open Innovation Fund is not new to nurturing promising ventures. The currently active “KDDI Open Innovation Fund 3” has an investment pool of roughly 20 billion yen. This fund’s interests span across diverse domains like AI, IoT, fintech, B2B SaaS, and entertainment.
Zooming into DEA
Founded in August 2018, DEA exemplifies Web3 entertainment innovation from Singapore. Beyond being a prominent Play to Earn game developer, DEA also spearheads the PlayMining platform, the NFT marketplace, and the Verse metaverse project. Moreover, DEA’s DEAPcoin takes the crown as the maiden P&E token greenlit by Japan’s Financial Service Agency. The dynamic duo of CEOs, Naohito Yoshida and Kozo Yamada, steer DEA with their rich legacy in startups, game creation, and game finance.
PlayMining: DEA’s GameFi Marvel
PlayMining stands out as a GameFi marvel, offering a sextet of P&E game titles. The platform invites everyone to partake and earn DEAPcoin, sidestepping Web3 complexity. With 2.7 million members globally, PlayMining’s vision orbits around crafting a joyful and fulfilling ecosystem for its users.
As the worlds of gaming, blockchain, and societal solutions converge, DEA and KDDI’s partnership promises to be more than just a business move. It’s an alliance poised to mold the digital future. By intertwining entertainment with Web3’s potential, they might just lay the foundation for a new, immersive digital era. The question remains, will this collaboration be the catalyst the world needs to fully embrace the Web3 revolution?