Amasa Raises $1.5M Led by Animoca Brands to Build Micro Investment Streaming App

Animoca Brands has backed Amasa’s plans to build a micro investment streaming app.

Amasa has closed a $1.5 million funding round.

Amasa Plans Investment Streaming App

Amasa is proud to announce the successful closure of a $1.5 million funding round. This early injection of capital from strategic supporters will help the project introduce investment streaming to the world, empowering people to harness the wealth-building potential of micro income streams and DeFi. Specifically, these funds will be used to grow the team of core contributors and progress comprehensively through Amasa’s roadmap to build out the project’s platform and ecosystem.

The $1.5 million investment round was led by Animoca Brands, with participation from OKEx Block Dream Ventures, SkyVision Capital, Spark Digital Capital, Momentum 6, Polygon co-founder Sandeep Nailwhal, Yield Guild Games co-founder Gabby Dizon, LD Capital, Double Peak, Maeve Ventures, and Moonwhale Ventures.

The high level of engagement from reputable blockchain VCs, leading figures in the play-to-earn gaming space, and highly successful blockchain infrastructure builders affirms the increasingly pivotal role of Amasa’s project, which will realize the earning potential of Web3 and DeFi for a global user base of billions.

Discussing Amasa’s potential to usher in mass adoption, James C.K. Ho, director of strategic partnerships at Animoca Brands, said:

“As true proponents of decentralization and fair wealth distribution, we see Amasa as playing a pivotal role in mass adoption of the earning potential Web3 and DeFi provides. This will create increased value, not only for Animoca’s portfolio of projects but for the entire blockchain ecosystem.”

Support from committed partners like Animoca Brands positions Amasa to develop connections within the rapidly expanding ecosystem of play-to-earn gaming, NFTs, and Metaverse builders. Working with different kinds of projects that reward users with micro income streams ensures that Amasa is built as a user-centric product that meshes with existing and future platforms, while also adding value to the broader network of micro income providers.

Gabby Dizon, the co-founder of Yield Guild Games, added:

“I am all about bringing communities together to earn via blockchain-based economies. Amasa will bring more users into the space and give existing users additional options and incentives to increase the value of their time spent in these economies.”

Amasa co-founder and core contributor William Birks added that the investment would help the project grow. He said:

“Amasa is excited to be supported by firms like Animoca Brands that are innovating in key areas for us like play to earn gaming. Amasa’s mission is to help everyone in the world capitalize on micro income streams. Having this strong group of early supporters behind us really expands our resources and brings valuable networks to leverage as we push on to bring Amasa to the world.”

Amasa’s mission is to connect millions of users to Web3 and DeFi to improve their financial situations. Amasa is building the world’s first micro income stream investment app. The Amasa app will make micro income streams easy to capture, combine, and access as a stabilized income, then amplify through user-selected DeFi investment options.

For more information, contact James Herlihy at [email protected] or visit the links below.

Telegram (Community) | Telegram (Announcements) | Twitter | Medium

Disclaimer Read More Read Less

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Source: cryptobriefing.com