• Animoca Brands led a $1.5 million funding round for Amasa

  • Amasa will unveil a one-of-a-kind micropayment stream dashboard with a slew of high-profile VCs on board.

    Amasa has raised $1.5 million in a strategic funding round.

    Amasa has completed its strategic funding round, according to a press release shared with ULTCOIN365.

    Its team raises $1.5 million in total from a group of top-tier venture capital firms and angel investors. The round was led by Animoca Brands, the leading venture capital firm in the NFT products sector.

    The round was also supported by OKEx Block Dream Ventures, SkyVision Capital, Spark Digital Capital, Momentum 6, LD Capital, Double Peak, Maeve Ventures, and Moonwhale Ventures.

    Sandeep Nailwal of Polygon (formerly Matic) and Gabby Dizon of Yield Guild Games both contributed to this outstanding funding.

    User-centric product development for the GameFi and NFT metaverses

    The importance of this funding for the entire decentralization industry is stressed by James C.K. Ho, director of strategic partnerships at Animoca Brands:

    We see Amasa as playing a critical role in mass adoption of the earning potential that web3 and DeFi provide as true proponents of decentralisation and equitable wealth distribution. This will increase the value of Animoca’s project portfolio as well as the entire blockchain ecosystem.

    Amasa co-founder and core contributor William Birks is confident that with such strong backing, the company will be able to create the first-ever “micro income streams” ecosystem:

    Amasa is ecstatic to be backed by companies like Animoca Brands, which are pioneering in key areas for us, such as play-to-earn gaming. Amasa’s mission is to help people all over the world profit from micro-income streams. Having such a strong group of early supporters behind us greatly increases our resources and provides us with valuable networks to draw on as we continue to work to bring Amasa to the world.

    Amasa raises funds through a multi-stage AMAS token offering on various dashboards, as previously reported by ULTCOIN365.

    The goal of the project is to create a “micro income” aggregator that can be integrated into a variety of DeFi, NFT, and GameFi applications.

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