SINGAPORE, December 14, 2022 (GLOBE NEWSWIRE) — digital entertainment assets (DEA), operator of play mining The NFT gaming platform has raised a US$10 million investment from LDA Capital, a global alternative investment group based in LA. Announcement will be made less than a month after notification is received minority investment From Rakuten Capital, the corporate venture capital arm of Japanese e-commerce and internet services giant Rakuten Group.
DEA is a Singapore-based global Web3 entertainment company founded in 2018. It manages intellectual property (IP) monetization for content creators and operates the PlayMining platform. Verse Metaverse and DEAPcoin ($DEP) token.
This investment will further accelerate DEA’s business and market expansion and help optimize the development of the Web3 entertainment platform.
“LDA is pleased to support DEA with flexible growth capital as we drive innovative approaches to content monetization and P2E gaming. DEA continues to differentiate itself with its cash-flow-generating business model and robust user base, positioning itself as a market leader.” said Managing Partner and Co-Founder of LDA Capital. Warren Baker.
“DEA is very pleased to receive funding from LDA Capital, especially in the current bear market conditions,” said the co-founder and co-CEO of DEA. Naoto Yoshida“We have rapidly built a catalog of Play and Earn NFT games that are currently enjoyed by 2.6 million users. This new funding will help us develop our platform and drive further market expansion. We continue to actively form more strategic partnerships to expand our ecosystem and establish a leading position in the world of Web3 entertainment.”
DEA Chief Strategy Officer and Global Business Head Tatsuya Korogi (left), LDA Capital Co-Founder and Managing Partner Warren Baker (center), DEA Chief Financial Officer Ryohei Nuka Mr. (right)
Expanding the DEA Ecosystem and GameFi Platform
PlayMining offers many casual P&E games. job tribe, Cookinburger, Menya Dragon Ramen, graffiti racer When lucky farmer — The last three have been launched in the last few months. Players can earn her DEP through play. This DEP can be used on the platform’s marketplace to buy his NFTs that enhance gameplay or trade on crypto exchanges such as OKX, Uniswap, Gate.io and Bitmart.
In addition to GameFi NFTs, PlayMining NFT Market also sells artwork NFTs from some of Japan’s most popular anime and video game artists. The company has paid over S$9 million in royalties to both official and fan artists over the past four years and is on a mission to create a more equitable distribution channel for creators.
DEA also helps independent game studios launch NFT games and monetize their IP on the PlayMining platform. Integrating DEP into their games allows the game development company to extend their own IP with his NFT and Metaverse products. In order to level the challenging and notoriously challenging creative IP playing field, PlayMining hires third-party developers to 30% cut Used by the largest distributors such as Nintendo and Apple.
“In all our endeavors, we pride ourselves on working for the social good,” Yoshida said. This includes helping build successful IP and creating new income potential for those in need through P&E games. Fairness and transparency are the true spirit of Web3, a concept fully embraced by the DEA.”
DEA has users all over the world, but is particularly interested in Japan, where DEP is the first P&E token officially approved by Japan’s Financial Services Agency. DEA recently entered into a business partnership with tv tokyo — Major Japanese TV stations — Collaborate on TV content to educate mainstream Japanese audiences about Web3 technology. Another of his Web3 partnerships was also recently signed. Rakuten Group This will allow the two companies to work together on many synergies between their businesses.
About LDA Capital
LDA Capital A global alternative investment group with expertise in complex cross-border transactions. Founded in 2018, we provide dynamic financing solutions to high-growth, capital-intensive companies. The LDA Capital team has collectively executed over 250 deals across the capital structure in both public and private markets in 43 countries with a total deal value of over US$11 billion. See below for more information. www.ldacap.com; contact us by email: firstname.lastname@example.org
About digital entertainment assets
Digital Entertainment Asset Pte. Ltd. (DEA) is a Singapore-based global Web3 entertainment company founded in August 2018. DEA is the developer of Play and Earn (P&E) games and also operates the PlayMining NFT game platform, the PlayMining NFT marketplace and the PlayMining Verse metaverse. Project and DEAPcoin — the first P&E token approved by the Japanese Financial Services Agency. The team is led by his two co-CEOs, Naoto Yoshida and Kozo Yamada. The two co-CEOs bring together decades of experience in founding successful startups (including three of his IPOs), creating hit video games, producing web TV shows, and his deep understanding of NFT games. I’m here.
PlayMining is a GameFi and Metaverse platform that empowers creators who have seen little profit in the traditional IP creation industry. The PlayMining platform is a new business model for content creation featuring an NFT marketplace powered by PlayMining DEAPcoin ($DEP) combined with NFT games and the Metaverse platform. The PlayMining platform has both its own games and third-party projects with its own native his token that can earn value on almost anything created by the creator, with 2.6 million users and his has a catalog of P&E game titles. Burger, Menya Dragon Ramen, Graffiti Racer, Lucky Farmer.
DEA website: https://dea.sg
PlayMining website: https://playmining.com
PlayMining Discord: https://discord.com/invite/xWeHGdt
PlayMining Twitter: https://twitter.com/PlayMining_SG
PlayMining Facebook: https://www.facebook.com/PlayMining/
PlayMining YouTube: https://www.youtube.com/channel/UCGWmK0RLV4SB_PSXpj2j6dw
A photo accompanying this announcement is available at