SKYPLAY raises $10 mn from LDA Capital

SKYPLAY has received a $10 Million grant from LDA Capital Limited, a global investment group, to accelerate the expansion of its gaming platform through the publication of more games and conquering new users. 

SKYPLAY plans to continue leveraging its enthusiastic blockchain community of over 300,000 monthly active users to help bring excitement to its games portfolio as it expands its virtual playground, a statement said.

SKYPLAY offers an easy-to-use platform where users can utilize purchased SKP Coins for various purposes within the ecosystem provided by the platform. The platform offers seamless integration between content and SKP, allowing users to experience a wide range of services offered by each project, using SKP as the currency, according to the statement.

Anthony Romano, managing partner of LDA Capital Ltd, expressed excitement about partnering with SKYPLAY, as the company is a leader among Play to Earn (“P2E”) platforms. “SKYPLAY’s broad ecosystem offers users a variety of entertainment in the areas of sports, arts and crafts, which is very attractive to different preferences of the gaming community. This multifaceted approach, along with the community that the company has built, is extremely difficult to play and gives it an edge as it publishes more games and diversifies its entertainment offerings.”

Currently, SKYPLAY offers games in more than 170 countries around the world, with approximately 300,000 users using the platform monthly. With the goal of reaching more than 10 million users by the end of 2024, the company is preparing an AI avatar that will serve as a metaverse platform, which will connect cities, humans and the future, with the aim of offering new experiences and business models. By showcasing the future of digital content through ever-evolving blockchain and AI technologies, SKYPLAY aims to become a platform that offers innovative experiences and diverse opportunities to its users, the statement said.

Richard Chang , CEO of SKYPLAY, mentioned: “LDA Capital’s investment will serve as a significant driving force for SKYPLAY’s future growth. I am confident that together, we will pioneer the future and become invaluable partners in our growth journey.”

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News Desk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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