Have you heard of NFT Art? How about play-to-earn games? These are just some examples of the widespread use cases of Non-Fungible Tokens (NFT). In simpler terms, NFT are digital art or collectibles that have been coded uniquely, making their authenticity verifiable. People can then own and trade these digital assets in the blockchain. These assets can even go up to $69 million, as shown in the success of NFT artist Beeple.
Astra Guild Ventures (AGV) is a DAO that invests in NFTs, P2E games, and other blockchain projects. Part of the mission of the DAO is to build a global community of investors, tech enthusiasts, and P2E players. Following the DAO’s launch last July of 2021, AGV has established over 2,000+ Axie Infinity scholars and equity in anticipated games, Kart Racing League, and Realms of Ethernity by the Florida-based gaming developers, Blue Monster Games Inc.
The guild successfully reached $2.3 million in seed funding and has accumulated another $3 million during the Series A round. As well as attracting notable crypto investors Moon Carl, Alexander Kondrashov, Ronny Roehrig, and venture capitals, CSP DAO, and Follow[The]Seed.
AGV investors attribute their trust in Astra Guild Ventures to the DAO’s transparency and value for investment security. The Astra Guild website features an earnings and governance dashboard where AGV holders can access. The earnings dashboard shows investors their real-time earnings. In addition to this, the AGV website also has a governance dashboard that enables investors to cast their votes on DAO projects.
Tim Lane, Follow[The]Seed Managing Partner and AGV investor, said,
“Guilds such as AGV help the economies of P2E games thrive by giving wider access to participation. Other than their great traction and excitement around P2E, AGV’s commitment to truly transparent governance of the DAO and their plans for the platform is clear proof of their intention to provide investors with the power to decide on the DAO’s future. It’s rare to see a project that completely discloses all assets and earnings to all DAO members on the website. You can’t get more transparent than this.” The DAO’s advisory board also boasts credibility with Evan Luthra, Andrey Shirben, Haydn Snape, David Streltsoff, Joseph Rubin, and Alexander Raffin in the line-up. These renowned thought leaders will be participating in the DAO decision-making.
The Catalyst for Growth of New NFT Games and Other Blockchain Projects The rise of NFT projects is here, and it is up for grabs for those who pay enough attention. DAOs like Astra Guild Ventures bridge gaps between investors and blockchain technology. With organizations dedicated to catalyzing this development, the next technological shift is a step closer. Down AGV’s pipeline is the stake acquisition in rising NFT games and blockchain projects in the next few years. AGV will also have its own launchpad which will give new NFT games and blockchain projects an accessible platform to bring their projects to fruition.
For Comparison for Dec 23, 2021, Token Generation Event of AGV.
- Astra Guild Ventures AGV has 2,032 scholars with an Initial Market Cap of $7m
- Yield Guild Games YGG has 4,700 scholars with a Market Cap of $512m
- Merit Circle MC has 1200 scholars with a Market Cap of $417m
- Good Guild Games GGG has 300 scholars with Market Cap of $17m