The decentralized fund BlackPool (BPT), which manages a large collection of non-fungible tokens (NFTs) related to gaming and metaverses, has just raised $6 million to accelerate its development. BlackPool will use its new funds to move closer to its goal of becoming the most important economic player in the future metaverse economies.
BlackPool’s DAO (BPT) gets stronger
The decentralized fund BlackPool is bringing on board a panel of new top investors to continue to make inroads into the non-fungible token (NFT) sector.
BlackPool has just raised $6 million from a plethora of investors. Led by DIGITAL, this fundraising was joined by Bitkraft, Delphi Digital, Play Ventures, Backed and Cherry Ventures.
Fabric Ventures, an early contributor to the development of BlackPool, also participated in this round, to “make BlackPool the most important economic player in the future economies of the metaverse.
Operating as a decentralized autonomous organization (DAO), BlackPool acts as an asset manager, but only with respect to non-fungible tokens.
“Over the next decade, there will be many return-generating verticals within the NFT ecosystem. The most talented managers need to have the capital and tools to succeed. Between our history as collectors of NFTs and our understanding of best practices in the hedge fund world, contributing to BlackPool was a no-brainer,”
said DIGITAL.
Building an empire on metaverses for your community
All the investment funds that participated in this fundraising are no strangers to the world of non-fungible tokens. Indeed, they have already invested in several projects related to NFTs such as Sorare, Axie Infinity, Ember Sword, Gods Unchained or Guild of Guardians.
With their respective networks, experience and deep industry knowledge, these new contributors will help improve the BlackPool Lab’s processes to increase its reach and efficiency.
“It is exciting to see these new partners embrace the BlackPool vision. They bring diverse gaming and investment experience and with this additional capital, DAO will be able to accelerate its growth to support more games, attract more top managers, and more,”
added Julien Bouteloup, founder of BlackPool.
At the time of writing, BlackPool is the largest economic player in the Sorare fantasy soccer game with its estimated $12 million collection of NFTs. It is also one of the largest guilds in Axie Infinity with 3,000 Axies and more than 100 plots in the metaverse, but also one of the largest land holders in Aavegotchi.
As BlackPool’s goal is to become the largest economic player in the metaverse, capital will be allocated to all promising new metavers and strategies around the non-fungible tokens present in these virtual worlds will also be deployed.
