Metaverse News

Salad Ventures Raises $13.5M In Private Sale Round

Salad Ventures recently announced the organization secured $13.5 million in a private sale round. This money will be utilized to build out Salad’s GuildOS which will be used to manage play-to-earn guilds after it is launched sometime in the first half of this year. This operating system will serve as a secure web platform that allows any person to start, manage, and scale a P2E guild.

Some of this round’s key investors include Alameda Research, C2 Ventures, Crossbeam Venture Partners, Foundation Capital, Gemini Frontier Fund, Winklevoss Capital, Polygon Studios, and more. To date, the organization has raised $15.5 million in funding across two rounds.

“Because it seems like an easy-money thing too, you’re going to have a lot of people who are untrained, and eventually the profitability of the GameFi space will also fall across the board,” said Felix Sim, the co-founder of Salad Ventures. “I believe that, as provide infrastructure for guilds to manage, we should also provide some education platform for scholars to learn more about the games and be more proficient at blockchain games.”

Salad Ventures has been keeping itself busy lately. In December of 2021, the organization launched the Salad Academy, an education platform within the GameFi and play-to-earn space that offers free courses on blockchain gaming. To date, the academy has seen over 6,000 students sign up for these classes.

(All information was provided by VentureBeat)

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