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Metaverse News Europe


AAG Ventures in Strategic Rebrand after $12. 5 million raise

9/11/2022

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The web3 infrastructure company AAG Ventures is boosting its betting on the Metaverse, after a productive year of  assisting underprivileged people who used AAG to take advantage of the Play2Earn (P2E) revolution. AAG Ventures will now be recognized as simply AAG as part of the well-built strategic approach.

Following the guild’s success, AAG discovered that the web3 ecosystem for mainstream customers had some essential gaps, so it set out to create more user-friendly products to support Play2Earn games, guilds, and services to assist learning – as a preliminary step. 
To reach this aim, Shima Capital, Tribe Capital, and Tess Ventures sponsored a $12.5 million private fundraising round for the play-to-earn game firm AAG Ventures in December 2021. 
"In order for web3 to reach mainstream adoption, the industry has to reach a certain level of maturity as a whole. Until now, the focus has been mainly on developers and early adopters. We are here to change that. We need to provide a much better user experience while protecting the overall ideas of web3, which means openness, access, and decentralization."

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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022