Samreen Ahmad · · 1 min readYGG SEA backs $750k round of P2E gaming startup
Yield Guild Games Southeast Asia (YGG SEA) and Infinity Ventures Crypto will invest US$750,000 in Foonie Magus, the Singapore-based firm behind play-to-earn game Apeiron.
Photo credit: Apeiron
YGG SEA and Infinity Ventures Crypto will acquire a constellation in Apeiron‘s mythologically inspired galaxy, which will come with its own NFTs, cosmetics, and tokens for guild scholars.
Apeiron is offering gameplay where players will act as godlings, newborn gods, and take over planets full of Doods. Every planet offers different gameplay experience and a unique NFT. Players can earn a variety of tokens and additional NFTs by playing the game.
The game is currently valued at US$80 million. Its first NFT presale is slated for the end of the first quarter of 2022, with the game set to launch in late 2022.
See also: An SG gaming firm’s breakout moment after years of quiet success
Correction (March 11, 5.40 p.m. SGT): The story has been corrected to reflect a spelling error in YGG’s company name.
Editing by Collin Furtado and Arpit Nayak
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