Panama City, Panama, Dec. 02, 2021 (GLOBE NEWSWIRE) — Yield Guild Games (YGG) and Ascensive Assets co-led a $3 million seed funding round for mobile play-to-earn tournament infrastructure provider Ignite Tournaments, also attracting investment from Arca, Mechanism Capital, SkyVision Capital, Eden Holdings, D1 Ventures, Morningstar Ventures, Genblock Capital, Moonboots Capital, and Ghaf Capital.
Prominent angel investors such as Kieran Warwick (Co-Founder of Illuvium), Danish Chaudhry (CEO of Bitcoin.com exchange), and Richard Ma (CEO of Quantstamp) also participated in the round.
“Play-to-earn and NFTs will revolutionize traditional esports and define the future of gaming for many years to come,” predicts Ignite Tournaments CEO Krystal…
