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Arcade to Revolutionize Play-to-Earn With $8 Million Backing -Breaking

by Mike Robinson

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The Arcade to Revolutize Play-to Earn With an $8 Million Support
    • Arcade has raised $8 Million from several venture funds.
    • GameFi is a platform that aims revolutionizes the pay-to-earn market.
    • Merit Circle was the leader of this funding round, declaring that it would be more than financial support for Arcade.

Arcade is a GameFi startup that has received $8 million in venture capital. GameFi’s platform is designed to provide a complete economic model for Play-to-Earn games.

Merit Circle was the leader of this round. Participants included Tenzor Capital. GAINS Associates. Hingsdaul Capital. Crypto Capital. R-930 Capital. CitizenX. Alpha Prometeus. CSP DAO. Plutus VC. Shima Capital. OIG. Flow Ventures. Dynamite Ventures. Spring Dawn Ventures. Leos Ventures.

Merit Circle CEO Marco van den Heuvel praised Arcade’s innovative concept for both DeFi and Play-to-Earn. Arcade was also supported by him in both a financial and advisory capacity.

Arcade, with its original idea, is clearly leading the way in the future of bridging DeFi and Play-to-earn. Merit Circle is happy to provide financial support for Arcade, as well as advisory services. Working together we are confident that the play-to earn industry can be revolutionized.

Funding of $8million will enable the platform to grow and launch mass marketing campaigns. The company will build on an existing $1.9 million in NFT assets that have been managed since the company’s beginnings in November 2021.

Arcade was created to bring more players into the GameFi and P2E ecosystems. Arcade’s platform was designed for simplicity. Users join ‘mission pools’ to participate in a specific ecosystem’s rewards by staking their gaming NFT assets.

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