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Amasa Raises $1.5M Led by Animoca Brands to Build Micro Investment Streaming App

Published 09/21/2021, 11:14 AM
Updated 09/21/2021, 11:30 AM
Amasa Raises $1.5M Led by Animoca Brands to Build Micro Investment Streaming App

Amasa is proud to announce the successful closure of a $1.5 million funding round. This early injection of capital from strategic supporters will help Amasa introduce investment streaming to the world, empowering people to harness the wealth-building potential of micro income streams and DeFi. Specifically, these funds will be used to grow the team of core contributors and progress comprehensively through Amasa’s roadmap to build out the project’s platform and ecosystem.

The $1.5 million investment round was led by Animoca Brands, with participation from OKEx Block Dream Ventures, SkyVision Capital, Spark Digital Capital, Momentum 6, Polygon Co-Founder Sandeep Nailwhal, Yield Guild Games Co-Founder Gabby Dizon, LD Capital, Double Peak, Maeve Ventures, and Moonwhale Ventures.

The high level of engagement by reputable blockchain VCs, leading figures in the play-to-earn gaming space, and highly successful blockchain infrastructure builders affirms the increasingly pivotal role of Amasa’s project, which will realize the earning potential of Web 3.0 and DeFi for a global user base of billions.

“As true proponents of decentralisation and fair wealth distribution, we see Amasa as playing a pivotal role in mass adoption of the earning potential web3 and DeFi provides. This will create increased value, not only for Animoca’s portfolio of projects but for the entire blockchain ecosystem,” said James C.K. Ho, Director Of Strategic Partnerships at Animoca Brands.

Support from committed partners like Animoca Brands positions Amasa to develop connections within the rapidly expanding ecosystem of play-to-earn gaming, NFTs, and metaverse builders. Working with different kinds of projects that reward users with micro income streams ensures that Amasa is built as a user-centric product that meshes with existing and future platforms, while also adding value to the broader network of micro income providers.

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“I am all about bringing communities together to earn via blockchain-based economies. Amasa will bring more users into the space and give existing users additional options and incentives to increase the value of their time spent in these economies,” said Gabby Dizon, co-founder of Yield Guild Games.

“Amasa is excited to be supported by firms like Animoca Brands that are innovating in key areas for us like play to earn gaming. Amasa’s mission is to help everyone in the world capitalise on micro income streams. Having this strong group of early supporters behind us really expands our resources and brings valuable networks to leverage as we push on to bring Amasa to the world,” said William Birks, Amasa co-founder and core contributor.

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