The Troop grew $6M stronger from all-star gaming VCs contributions!
We are thrilled to have on-boarded an all-star roster of gaming VCs to give BlackPool the best access to new virtual worlds and in-game economies to send our troops to.
DIGITAL is leading a $6,000,000 contribution to the BlackPool DAO and is joined by Bitkraft, Delphi Digital, Play Ventures, Backed and Cherry Ventures. Existing contributor Fabric Ventures is also doubling down on their commitment to BlackPool’s mission to become the most important economic actor within the future economies of the metaverse.
The team at DIGITAL not only brings a wealth of experience from the virtual realms as some of the largest NFT collectors and owners of Galadriel, one of only 3 quad mystic Axies in existence, but also from the quant world with deep roots at the foundation of one of the world’s largest hedge funds.
“Over the coming decade, there are going to be numerous yield-generating verticals within the NFT ecosystem. The most talented managers should be empowered with the capital and tools required to succeed. Between our deep history as NFT collectors, and understanding of best practices from the hedge fund world, contributing to BlackPool was a no brainer", exclaimed our friends from DIGITAL.
Fabric Ventures, Bitkraft, Delphi Digital, Play Ventures, Backed and Cherry Ventures have been some of the earliest backers of the likes of Axie Infinity, Sorare, Ember Sword, Gods Unchained, Guild of Guardians, Illuvium, MetaSoccer and will continue pushing the frontiers of blockchain gaming alongside BlackPool. Through their networks, early access and deep sector expertise, these new contributors will be pushing the BlackPool Lab’s process to increase reach & efficiency.
Max Mersch, Partner at Fabric Ventures and core contributor of BlackPool believes that
“it is no longer enough for funds to just invest into the equity of gaming companies - they must now also facilitate the deployment of both financial and human capital into the virtual worlds they are backing. BlackPool is the ideal partner to create value across the 1000s of economies that will rise in the metaverse!”
Today BlackPool is the single largest economic actor in Sorare with $12m in assets, one of the larger guilds in Axie with 3000 Axies and over 100 land parcels, one of the few mythic Guild holders in Guild of Guardians and one of the larger land holders in Aavegotchi. Going forward the BlackPool troops will continue on a relentless march of becoming the largest economic actor of the metaverse: deploying capital into game economies on day 0, as well as running quant strategies on trading / market making of NFT assets within
Julien Bouteloup, founder and core contributor of BlackPool:
“It is exciting to have these new partners on-board with BlackPool’s vision. They bring diverse gaming and investing experiences and with this additional capital, the DAO will be able to accelerate its growth to support more games, attract more leading managers, and much more … back to building!”