Bittime - GuildFi, a Web3 gaming guild that previously raised $140 million from Binance Labs, Coinbase Ventures, Animoca, Pantera Capital, Hashed, and other investors, has announced a name change to Zentry.
From the official announcement, this rebranding is a strategic decision aimed at strengthening the company's identity and vision.
Zentry will relaunch the GuildFi Upgrade
As part of this overhaul, Zentry will relaunch GuildFi with a renewed focus.
The platform will introduce a new token conversion program that will allow holders of the original GuildFi token ($GF) to convert to the new Zentry token ($ZENT). This conversion is expected to increase the utility and value of the ZENT token for its users.
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Zentry's Hope of Building a Superlayer
Zentry plans to build Superlayer, an integrated platform that will reunite 3 billion gamers from various platforms.
This Superlayer will be a place for gamers to interact and connect, while unifying loyalty systems, gamer identities and their cross-world activities.
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Web3 and Web2 Game Collaboration
The combination of Web3 and Web2 games, social media integration, and collaboration with real-life (IRL) activities will strengthen the fabric of the gamer community.
This innovative technology also opens up opportunities to create new types of games, the company said.
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Zentry CEO's opinion
Zentry revolutionizes gamer recognition and reward systems by connecting gaming activities to real-world benefits and real-world actions to digital avatar improvements.
This was stated by Jarindr Thitadilaka, founder and CEO of Zentry, in a press statement as reported by Cryptonews.
Zentry: Combining Everyday and Virtual Life Through Games
Zentry is presented as an innovative platform designed to break the boundaries between the gaming world and real life.
The platform aims to unify various aspects of gaming, while connecting virtual experiences with everyday activities.
Web3 Gaming Growth in 2024: Soaring Interest and Investment
The Web3 gaming industry will show extraordinary growth in 2024. This is proven by its rapid growth and ability to attract more investment from venture capitalists (VC).
In 2023 alone, $1.7 billion in funding has been poured into blockchain gaming, with much of it going to the 270 games being developed on Immutable's platform.
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$100 Million Gaming Fund Launched by King River Capital, Immutable, and Polygon Labs
In the world of blockchain gaming, the latest news comes from King River Capital, Immutable, and Polygon Labs.
The three giants have teamed up to launch a $100 million gaming fund. This fund aims to support the development of innovative and sustainable Web3 games.
Elixir Games Secures $14 Million to Launch Token and Platform
Elixir Games, a Web3 gaming platform, has raised $14 million in a seed funding round.
This funding comes from various well-known investors, such as Square Enix, Solana Foundation, Shima Capital, and others. Elixir Games plans to use the funds to launch their native token $ELIX and Launchpad platform & Incubation Program which is scheduled for release later this year.
Illuvium Raises $12 Million in Series A Funding Round
Illuvium, another Web3 gaming company, also made a mark by raising $12 million in a series A funding round.
The funding was led by well-known investors, including King River Capital (an Australian venture capital firm), Arrington Capital, and Animoca Ventures.
These funds will be used to develop their fantasy adventure game, Illuvium.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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