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Home Crypto News

The decentralized fund Blackpool raises $ 6 million

Admin by Admin
December 9, 2021
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The decentralized fund Blackpool raises $ 6 million to continue its conquest of the metaverses.

The decentralized fund Blackpool (BPT), which manages a large collection of non-fungible tokens (NFTs) linked to gaming and metaverse, has just raised $ 6 million to accelerate its development. Blackpool will use its new funds to move closer to its goal of becoming the most important economic player in future metaverse economies.

Blackpool’s DAO (BPT) strengthens.

The decentralized fund Blackpool is on board a panel of new leading investors to continue to interfere in the sector of non-fungible tokens (NFTs).

Blackpool has just raised $ 6 million from a plethora of investors. Led by DIGITAL, this fundraiser was joined by Bitkraft, Delphi Digital, Play Ventures, Backed and Cherry Ventures.

An early contributor to the development of Blackpool, Fabric Ventures also participated in this operation to “make Blackpool the most important economic player in the future economies of the metaverse”.

Operating as a Decentralized Autonomous Organization (DAO), Blackpool acts as an asset manager, but only with respect to non-fungible tokens.

“Over the next decade, there will be many yield-generating verticals within the NFT ecosystem. The most talented managers need to have the capital and tools to succeed. Between our history as collectors of NFTs and our understanding of the best practices of the hedge fund world, contributing to Blackpool was a given,” rejoice the members of DIGITAL”.

Building a metaverse empire for your community.

All the investment funds that participated in this fundraiser are no strangers to the world of non-fungible tokens. Indeed, they have already invested in several projects related to NFTs such as Sorare, Axie Infinity, Ember Sword, Gods Unchained or Guild of Guardians.

Using their respective networks, experience and in-depth industry knowledge, these new collaborators will help improve Blackpool Lab processes to increase its reach and efficiency.

“It is exciting to see these new partners embrace Blackpool’s vision. They bring diverse gaming and investment experiences and, with this additional capital, DAO will be able to accelerate its growth to support more games, attract more top managers, and much more,” adds Julien Bouteloup, founder of Blackpool”.

At the time of writing, Blackpool is the most significant economic player in the fantasy football game Sorare with its collection of NFTs estimated at $ 12 million. It is also one of the largest guilds in Axie Infinity with 3,000 Axies and over 100 Metaverse plots, but also one of the largest landholders in Aavegotchi.

The objective of Blackpool is to become the most prominent economic player in the metaverse. Therefore, we will allocate capital to all promising new metaverse and deploy strategies around the non-fungible tokens present in these virtual worlds.

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