PlaceWar Completes its Oversubscribed Private Round for $1.8 Million From Leading Prominent Venture Capitals and Top Blockchain Investors

6 min readOct 24, 2021

PlaceWar has announced today that it has completed its private round of fundraising in an oversubscribed funding round of $1.8 Million from industry-leading VCs. PlaceWar is a decentralized strategic play-to-earn game universe deployed on a multi-chain with highly engaging artillery gameplay. It allows players to create and define the outlook of the in-game world through building, battles, and alliances.

This oversubscribed funding round solidifies the testimony that there is high demand in P2E crypto games as we see that the rise of crypto games has been seen all around the world, and many have testified to its viability as an alternative source of income. Play-to-earn provides opportunities for both game developers and gamers as both can benefit from a symbiotic relationship where companies create a platform for players to build, trade on, and improve the games, while the gamers earn from their contributions and participation.

PlaceWar, which was founded in early 2021 has since achieved a notable milestone with a sizeable community of over 25,000. In closing the private sale round, investors have pumped in over $1.8 million. The notable venture capitals that participated in this round are AC Capital, AU21, Woodson Game, Exnetwork Capital, Icetea Labs, IoTex, Kyros Ventures, LD Capital, Lucid Blue Ventures, Megala Ventures, Metrix Capital, ReBlock, RoseOn, X21, and many more top blockchain investors.

As part of celebrating the seed and private closing, Block Tides and PlaceWar’s Blockchain, Crypto & Defi 2021 event for a cause was successfully held at Okada Manila, Grand Ballroom, the Philippines with prominent Key Opinion Leaders in the Blockchain landscape in the Philippines, sponsored by successful Blockchain & Crypto companies, and was covered by huge media outlets such as Manila Times, Manila Bulletin, and a lot more.

“We are very grateful, and we would like to thank all our VCs and investor partners for taking part in our private funding round. The oversubscribed closing of this private round gave us a boost of confidence to push the project further and gives us the motivation to deliver exceptional results to our investors and community” Said Myrtle Ramos, Founder of PlaceWar

Blockchain, Crypto & Defi 2021 Conference at Okada Manila, Grand Ballroom, Philippines

Some information about our investment partners:

AC Capital

An investment venture focusing on Blockchain and Fintech. Committed to discovering unicorns and boosting their development.

ACE Exchange

ACE Exchange is a leading cryptocurrency exchange based in Taiwan. Ace is committed to building the most professional Fiat to Crypto exchange in the Chinese community and providing a channel for all Taiwanese people to have first contact with cryptocurrencies.

AU21 Capital

A hybrid venture and hedge fund that invests in high-growth blockchain and AI companies and backs the most brilliant founders in the blockchain.

BCA Investments

BCA Investments is an investment firm focused on blockchain technology and digital assets founded in 2021 based in Amsterdam, the Netherlands.

Dutch Crypto Investors

DCI is a collective of like-minded individuals that aims to promote, educate and inspire crypto enthusiasts

Exnetwork Capital

Exnetwork Capital is an investment firm focused on funding innovation in the decentralization movement. A hybrid hyperconnected fund, idea lab, and incubator, Exnetwork Capital has been a key ingredient in the success of numerous projects launched since 2018.

Icetea Labs

Ice Tea Labs is a blockchain venture capital that supports visionary founders and energetic teams to create a long-lasting positive impact through decentralization technologies.

IoTex

Founded as an open-source project in 2017, IoTeX is building the world’s leading privacy-centric blockchain platform for the Internet of Things (IoT). Their mission is to build a decentralized trust fabric for a new era of collaboration and data exchange among devices, applications, and people. Backed by a global team of research scientists and top engineers, IoTeX combines blockchain, trusted hardware, and edge computing to realize the full potential of IoT. IoTeX is governed by a non-profit foundation registered in Singapore.

Kyros Ventures

Kyros Ventures is a conglomerate of the largest and most influential entities in the Vietnamese Blockchain industry. Kyros Ventures is a pioneer in incubating early-stage blockchain and cryptocurrency projects in Vietnam. It is built upon the solid foundation of Coin68.

LD Capital

LD Capital is the most reputable investment firm in China focusing on Blockchain Investment, Securities, Equity Investment, and Trading. Owing to industrial resource advantages and professional investment research team, LD Capital has successively discovered and invested in more than 200 companies. LD Capital overall achieved more than 100 times return with peak self-owned assets of nearly 1 billion US dollars.

Lucid Blue Ventures

Lucid Blue Ventures operates as a venture capital firm led by Charlie Hu, Head of Polygon China and invested in many top blockchain and cryptocurrency companies.

Megala Ventures

Megala Ventures is one of the largest institutional investors of blockchain and distributed ledger technologies in Southeast Asia and has been a key contributor to several leading blockchain projects.

Metrix Capital

Metrix Capital is an investment vehicle that leverages knowledge, expertise, community contacts, and capital to invest in crypto projects directly or through our strategic partners. Metrix Capital utilizes proprietary research, data engine, and community to invest in the most fundamentally sound projects.

ReBlock

ReBlock is a full-service digital marketing agency in Korea. They have global team members in Korea, China, the USA, Ukraine, India, and Russia. Our team provides consultation and technical support, advisory service about the project after listed in exchange as well. We provide a full service on blockchain worldwide to bring success to the projects with all the necessary actions.

Terabyte

Terabyte Capital is a blockchain-focused venture capitalist based in Seoul, South Korea.

Terabyte Capital is a team of accelerators and investors that have joined together to form a team with the mutual goal of Accelerating the Mass Adoption of Blockchain.

As experts in business development, marketing, and startup investment, we focus on backing innovators who are building aspiring projects by supplying our resources and insight. Our main focus is investing in viable infrastructures that will make blockchain more accessible to the public.

TK Ventures

TK Ventures is a venture capital firm focusing exclusively on early-stage decentralized finance, NFT, and Web3 projects.

VBC Ventures

VBC Ventures is well known for its reputation as the most active blockchain-concentrated venture capital firm in Vietnam.

Woodson Games

Woodson Games Co., Ltd is one of the most well-known esports influencers in China. It’s a live streamer recruitment agency that helps platforms to find and manage streamers. On DouYu TV, the biggest live stream platform of China, Woodson Games have signed over 20K streamers

X21 Capital

X21 Digital is a Blockchain Advisory and Investment firm dedicated to helping mainly blockchain startups accelerate their growth and exposure in the industry. We focus on giving the most optimal strategic advice and guidance, to shortcut our client’s and partners’ paths to success.

ZBS Capital

ZBS Capital is a VC fund, dedicated to building a decentralized world together. ZBS CAPITAL supports promising early-stage projects & companies with finance and advisory help.

PlaceWar would like to thank all our treasured partners for their tireless support. This initial fundraising success gives us tremendous motivation to continue our mission.

As a next step, we will launch our public sale through IDO next month, November 2021. Stay tuned and follow our social media channels.

About PlaceWar

PlaceWar is a gamified Internet culture metaverse — Play to Earn strategic artillery game ecosystem. Craft, Create, Conquest. Inspired by Worm and r/place, PlaceWar creates a gamified and open Internet culture metaverse and puts users in control. You are guaranteed a gaming experience that you’ve never seen before in any other Play-To-Earn games. We integrate battle and creation, and we make sure there is an incentive mechanism to support them both

Facebook: https://facebook.com/placewargame

Discord: https://discord.gg/VVYqYFwc86

LinkedIn: https://www.linkedin.com/company/place-war-game

Twitter: https://twitter.com/placewar_game

Telegram: https://t.me/placewar

Website: https://placewar.io

LinkTree: https://linktr.ee/placewar

PlaceWar Completes its Oversubscribed Private Round for $1.8 Million From Leading Prominent Venture Capitals and Top Blockchain Investors

Some information about our investment partners:

Our Community Investment Partners:

About PlaceWar

Written by PlaceWar Official

Responses (3)