Multi-engine Web3 gaming platform PlaysOut completes $700 seed round financing, led by Kenetic Capital and others
PlaysOut, a multi-engine Web3 gaming platform, announced the completion of a $700 seed round of funding led by Kenetic Capital, KBW Ventures, and Gam3Girl Ventures, Oak Grove Ventures, Aptos, Yugana Labs, Sentor Investments, Longling Capital, and others, with a valuation of $70 million. The new funding is intended to drive it to bridge the gap between Web2 and Web3, enabling developers to unlock the monetization model by building assets on the chain and exploring token-based incentives, NFT integration, and a blockchain-driven economy.