Singapore-based GameFi company Digital Entertainment Asset (DEA) announced that it has raised $12 million during its seed funding round. Various publicly-listed companies including JAFCO Investment Ltd, led the mentioned fundraising. The company said that it will utilize said amount to “create a world where people live by playing.”

Additionally, DEA has pledged to allocate capital to create a new content forum for its PlayMining platform, which the company bills as one of the fastest-growing in the NFT gaming space. Moreover, the company implemented this initiative to explore its user-based acquisition while expanding its NFT portfolio in the GamiFi market. DEA CEO and Co-Founder Naohito Yoshida said,

The latest funding and support from investors bring us one step closer to realizing this ambitious vision. Amid the metaverse’s rapid growth, the new capital will help us enlarge our market share while continuously developing our platform to handle the next generation of gaming applications and services.

PlayMining is a platform that hosts a wide array of services including games like JobTribes and an NFT marketplace called NFT DEP. Powered by DEAPcoin (DEP), PlayMining has a strong goal to pursue a direct connection between creators and users in the GameFi market. According to the company, PlayMining has over 2.4 million registered users from the Philippines, Taiwan, Indonesia, Vietnam, and Japan.

Play-to-Earn (P2E) GameFi models and metaverse have been tied up together in the blockchain gaming space. The metaverse orchestrates a shareable trait that aligns with the way the P2E model seeks to revolutionize the gaming sector through blockchain.

As the metaverse welcomes a wide array of innovations to foster a consumer-centric experience, the P2E model will revolutionize gaming in the metaverse. Through this, it will become popular to gain mainstream adoption.

Additionally, to supercharge this, there will be a direct usage of cryptocurrency and blockchain technology for the metaverse economic framework. Gamers will enjoy a wide range of benefits in the metaverse as well. For instance,  players can collect crypto, NFTs, and other virtual assets while playing a variety of games immutably on the blockchain.

It’s worth mentioning that Play-to-Earn (P2E) gaming models portray a huge advantage over the traditional gaming platforms. This synergy pushes its presence to the mainstream. Meanwhile, despite how metaverse games are competitive in function, many people still have taste for traditional gaming styles; including the old thrill of 2d experiences.

Among the P2E games, Mononoke Inu’s game stands out from the odd when it comes to performance. The Mononoke Inu combines P2E with traditional gaming. It does this by ensuring that users can play-to-earn outside of the metaverse.

Commonly known as “Wolf’s Moon”, Mononoke Inu is a 2D adventure game that enables gamers to play traditional games while enjoying GameFi opportunities.

Notably, the final launching date is yet to be announced from the Mononoke Inu team. At the moment, the only information available is that gamers can earn by playing the game. “pulling in rewards for successfully passing levels and crushing enemies they encounter. Players can also increase their earnings through power-ups.”

Wolf’s Moon has the Mononoke Inu community in mind and will incentivize players to its 2D platform via competitions. Gamers will partake in daily competitions with prizes available to the best players each day. In addition, the Ethereum-based game will feature NFTs that give collectors a higher chance of earning game rewards and finishing the daily competitions as one of the tops.

Best of all, Mononoke Inu provides GameFi opportunities for gamers. The game encourages its community members to contribute to the game with a strong effort. They hope to be the change they wish to see in the gaming sectors with the members.

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Play-to-Earn (P2E) soccer game MonkeyBall has launched its inaugural $MBS token in the market. Alongside this, the company excitedly announced that it will soon launch a Monkey NFT Drop in the upcoming days.

According to MonkeyBall, they are eagerly working for the NFT Drop to celebrate the $MBS token. Through this, they will survive to bring immense attention to the project. Additionally, this iteration will also supercharge the MonkeyBall’s team aims and what they hope to achieve.

Notably, traders can trade $MBS tokens on multiple exchanges and trading platforms in the crypto market. Moreover, the token exists with an astounding purpose across the entire MonkeyBall metaverse. In addition, it allows access to the in-game stores.

The tokens functions are not limited to this alone, rather, it allows users to buy breed capsules to create new Monkeyball Monkeys. According to the report, the Monkey NFT Drop represents another substantial milestone that the company has accrued so far.

Upon getting exposure with NFT before the launch of the Monkey NFT Drop, users can earn themselves a suitable treat ahead of time. Users can access the following features;

Pioneers Gear-Up Camp: a way to collect consumable game items and supplies for free.

 In-Game Store: traders can buy various heavily discounted consumable items and breeding capsules to train Monkey players.

Breeding season: this feature allows users to buy new Breeding captures to create new generations of MonkeyBall Monkeys. Bred Monkeys can be used as players or sold to other players.

PvE Game Mode: Playing games against the environment to better understand the game’s mechanics and how to level up characters.

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It’s important to note that MonkeyBall’s NFT will feature Gen-0 Monkeys. By breeding the creatures, will result in Gen-1 Monkeys. The aim is to make sure that the team and leagues are sufficient to facilitate matchmaking. Expanding further, the Monkeys will have several different appearances, core game skills, perks, rarity level, and gameplay skills.

With extensive support from Draftkings’ founders, Solana Capital, Republic, NFX, iAngels, and Longhash, MonkeyBall raised $3 million in a funding round last year. Moreover, the team raised an undisclosed sum from Alameda Research, YGG, and other investors. The funding round is a complement of MonkeyBall’s Initial DEX Offering (IDO) on Starlaunch.

MonkeyBall is a P2E soccer game developed on the Solana blockchain. Through the game, developers aim to provide high production value and AAA gaming accessible to everyone.

Players will manage a team of four monkeys playing matches against other users. Players earn $MSB tokens for every game they win. It allows them to buy stadiums and attend other players’ matches. Exploring those two latter options entitles users to additional rewards.