Decentral Games, a metaverse and play-to-earn gaming platform, has received an additional funding investment from Binance Smart Chain (BSC), a leading crypto ecosystem.
The investment, which is primarily channeled through the $100 million Liquidity Incentive program, will provide Decentral Games with significant liquidity to mass-roll out play-to-earn games while also scaling on BSC through aggressive user acquisition. In the Decentral Games metaverse, there are also plans to create BSC-branded games and venues.
Prior to receiving funding from the $100 million Liquidity Incentive program, Decentral Games received an initial round of investment in $DG from BSC in September of this year via their $100 million Accelerator Fund.
“The Liquidity Incentive funding from the $1 billion BSC Growth Fund is intended to assist selected projects in accelerating user growth.” “We’re delighted to support Decentral Games with liquidity incentive funding as it continues to pioneer play-to-earn gaming in the metaverse,” said Samsul Karim, BSC Coordinator.
Since 2019, Decentral Games has been creating 3D Metaverse games on the blockchain. ICE Poker, their most recent play-to-earn game, allowed players to earn tokens by completing daily challenges and competing against one another. Since going live three weeks ago, the play-to-earn metaverse poker game has seen a 4X increase in daily active users and a significant increase in assets in Decentral Games’ DAO treasury. The three drops of ICE wearable NFTs sold out in minutes on Decentral Games’ marketplace.
Apart from a successful launch of play-to-earn ICE Poker, Decentral Games has recently partnered with other leading cryptocurrency projects such as Polygon (Matic), TRON, Decentraland, and APENFT, and is expected to accelerate the course of mass adoption of crypto and metaverse platforms via advanced GameFi.