Samreen Ahmad · · 1 min readGuildFi to pump $880k into YGG SEA-backed P2E game
GuildFi – a Web3 ecosystem of games, non-fungible tokens (NFTs), and communities – has committed to invest US$880,000 into Apeiron, an NFT-based play-to-earn game by Singapore-based gaming firm Foonie Magus.
Photo credit: Apeiron
In Apeiron, players act as godlings (newborn gods) and take over planets full of Doods. Every planet offers a different gameplay experience and a unique NFT. Players can earn a variety of tokens and additional NFTs by playing the game.
With the investment, GuildFi will receive an Omega Class Major Constellation NFT pack in Apeiron, which involves a multitude of in-game assets including playable planet NFTs, customized GuildFi NFTs, star (Apeiron‘s term for in-game land) NFTs, and tokens. The GuildFi constellation is made up of 13 star NFTs and will be one of the largest constellations in the game.
Last week Yield Guild Games Southeast Asia and Infinity Ventures Crypto also committed to invest US$750,000 in Foonie Magus.
Apeiron is currently valued at US$80 million, and its first NFT presale is slated for the end of the first quarter of 2022. The game is set to launch late this year.
See also: An SG gaming firm’s breakout moment after years of quiet success
Editing by Collin Furtado and Jaclyn Tiu
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