P2E gaming continues to take hold in the Metaverse
40,000 member players guild raises $6M to make P2E gaming easier
Play It Forward DAO (PIF DAO) has kicked off 2022 by announcing it has raised $6 million from private investors, only six months after launching. The DAO includes a guild of over 40,000 players and 3,000 scholars across the Philippines and Indonesia, all of which are managed via a play-to-earn (P2E) scholar management program. Currently, the DAO has players across several notable Metaverse P2E games, including Axie Infinity, Thetan Arena, Pegaxy, and Dragonary. Co-founder Cholo Maputol told Cointelegraph that the funds will be used to scale the DAO’s scholarship programs, scale up its P2E board platform, and finance some early-stage investments in P2E games and infrastructure projects. “PIF DAO’s objective is not to take a larger piece of the pie, but to grow the pie and increase rew...
