Multi-engine Web3 gaming platform PlaysOut completes $700 million seed round of financing, led by Kenetic Capital
the multi-engine Web3 gaming platform PlaysOut has announced the completion of a $7 million seed round of financing, led by Kenetic Capital, KBW Ventures, Gam3Girl Ventures, Oak Grove Ventures, Aptos, Yugana Labs, Sentor Investments, and Longling Capital, with a valuation of $70 million. The new funds are intended to drive its efforts to bridge the gap between Web2 and Web3, enabling developers to unlock monetization models by building assets on-chain and exploring token-based incentives, NFT integration, and blockchain-driven economies.
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