Ampverse launches Web3 division after Series A funding

Ampverse launches Web3 division after Series A funding
Ampverse launches Web3 division after Series A funding

Ampverse owns prominent e-sports teams in Southeast Asia. It also operates a talent division and fan-driven products and gaming merchandise

Southeast Asian gaming startup Ampverse today announced the launch of its new business division that aims to seize opportunities in the Web3 space: Ampverse Web3.

The launch of this new business division followed a US$12 million Series A funding round that the company announced in March this year. Having secured funding led by global investment fund Falcon Capital, Ampverse named plans to further expand to Indonesia and the Philippines.

In a press statement, the company said that the division will further strengthen the Ampverse ecosystem of e-sports teams, talent, and products and portfolio of IP.

Ampverse Web3 has been created to build highly engaged gaming communities through a play-and-earn guild, creating digital fan collectibles and bespoke metaverse experiences, leveraging its portfolio of esports IP.

“We have and always will believe in the power of community. This latest venture will allow Ampverse to take tens of millions of gamers from Web2 to Web3 through a series of innovative products, ultimately delivering upon our vision of bringing inspiration to every gamer, everywhere,” says Ampverse CEO Ferdinand Gutierrez.

Bacon Time - Cheer to Earn

Also Read: Demystifying NFTs and DeFi

The company described the “four pillars” of its Web3 business:

AMP Guild

A Play-and-Earn guild providing education and NFT assets to its community enabling them to earn in blockchain games such as Spider TanksAxie Infinity, and Townstar.

Metaverse experiences

A team developing bespoke experiences in leading metaverses such as The Sandbox, using Ampverse teams and talent.

Digital Collectibles

A creative arm launching unique NFT collectibles and other digital assets such as the recent airdrop of Bacon Time player cards in collaboration with leading digital exchange Bitkub.

AMP Guild E-sports

An e-sports division identifying, training and commercialising the next generation of pro gamers within the nascent GameFi space.

Ampverse owns and operates prominent e-sports teams, including Thailand’s 2022 AoV Champions Bacon Time, 2021 PUBG Champions MiTH, Vietnam’s 2022 SEA Wild Rift Champions SBTC, and the PubG Mobile Invitational winner in India’s 7Sea. It also operates a talent division and a series of fan-driven products and gaming merchandise.

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