Global Play-To-Earn Gamer Guild, Polemos, Closes Strategic Funding Round

Led by digital asset research and investment firm Delphi Digital, QCP Soteria, and the largest DeFi fund Framework Ventures, Polemos plans to expand the surging P2E gaming landscape.

Polemos, a global play-to-earn guild with an initial focus on the highly-anticipated blockchain game Illuvium, closed a round of strategic funding with co-leaders Delphi Digital, QCP Soteria, Framework Ventures, and De-fi Capital. Additionally, founders from Sushi, Aave, 1inch Exchange, Universe.XYZ, Altered State Machine, Coti, Tokemak, fmfw.io, Perpetual Protocol, and Fei Protocol participated in the round.

Polemos is an exclusive partner of the major online gambling operator Asian Logic, which owns brands such as the world’s leading online gaming/wagering site Dafabet, and Sporting News, a global sports media company.

Polemos secured this strategic round of funding to gear up for the launch of the play-to-earn game Illuvium. In collaboration with Asian Logic, Polemos will launch with three networks of players: a large international workforce of Asian Logic users, a Discord community network, and a network of elite gamers.

Feedback from investors showed confidence and excitement for the Polemos project, based on the explosion of activity in the blockchain play-to-earn gaming sector, also known as “Gamefi.”

CEO Sascha Zehe, a former game development Product Manager and current Illuvium council member, says,

"Funds raised in the current round will be used to accelerate Polemos' growth through increased investment in the technology stack, team expansion, and on research and development for future gaming opportunities."

Tom Hall, Founder of Asianlogic, former CEO of UK listed global online casino giant, Playtech and current CEO of The Sporting News (“TSN”) commented,

"Having been in online gaming as long as we have, we have been waiting for the right opportunity to enter the play-to-earn blockchain and esports sectors. Having reviewed the sophistication the Illuvium team is bringing to the game, we feel this is the perfect opportunity to focus on and dedicate experience and existing resources. TSN is also moving rapidly into significantly expanding its esports content alongside its 100 years + coverage of traditional US sports and looks forward to covering the progress of Illuvium".

"Polemos partnering with a group the size of Asian Logic impacts the entire blockchain gaming industry, not just Illuvium. Players worldwide are starting to demand custody of their assets. Illuvium gives players that ownership experience as a decentralised NFT game while at the same time delivering the AAA-quality engaging gameplay that hardcore gamers crave. Guilds like Polemos will help players enter the Metaverse by assisting with capital and onboarding requirements. Meeting the needs of play-to-earn gamers is critical for sparking a mass mainstream adoption of crypto gaming,"

said Kieran Warwick, Co-Founder of Illuvium

"Crypto gaming has really come to the forefront over the past year as genuine in-game asset ownership has enabled new dynamics like play-to-earn. Player run DAOs called Guilds are a natural product of this new environment and we’re extremely excited to partner with Polemos as they begin their journey within the Illuvium ecosystem,”

said Yan Liberman from Delphi Digital.

Polemos will launch with a dedicated series of technologies that have been developed specifically to educate, track, analyse, and manage players. Polemos University will be a dedicated GameFi learning management system, and the Polemos DEX will be a trading and management system for guild assets. They have also developed a robust player analytics platform. These best-in-class analytical tools will help players improve their in-game performance.

Having witnessed the global impact of P2E games on developing nations, Polemos aims to assist players in those regions who may not have the initial resources or skills to play. By giving these players a base foundation to get started, Polemos gives back to guild-member communities by donating a fixed percentage of revenues to grants for education, technology improvement, and community enrichment.

Text source: DailyCoin.com