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Trace raises $3.5 mn; appoints Abhyudoy Das as their adviser

Abhyudoy Das

Play-To-Earn NFT Metaverse project, Trace recently raised over US$3,000,000 in a closed round of seed investments; through private investments by HNI investors. Additionally Trace also raised an additional 500K USD through NFT Sales on the platform. These investments shall be used to develop the Metaverse, work on marketing and acquisitions, as well as brand development. The project, currently a host to over 100,000 members across local communities, has also announced the appointment of Indian Crypto influencer, Abhyudoy Das as their advisor. Trace is a Geo-location based metaverse, which utilizes AR technology and is accessible via smartphones.


Commenting on his appointment and Trace’s entry into the Indian Market, Abhyudoy Das stated “For the Indian market Play-To-Earn games have a lot of potential to facilitate mass adoption specially in the crypto-currency market. The Gaming market in India has seen a massive growth over the past couple of years and currently shows no sign of decline. Considering the overall popularity and the kind of market penetration of the Gaming industry, we feel this is the perfect time to leverage this interest to facilitate mass adoption of the Crypto market.

Trace offers players the potential to make money solely through the in-game features. Trace has already created an in-app marketplace, where players can buy and sell avatars, cars, car parts, boosters, and other game items, which is much more convenient for the users than searching for the necessary NFTs on third party marketplaces.”

Abhyudoy has studied from KIIT University, IIM Kolkata and Drapers University. After earning his engineering degrees, he dove into the exciting world of crypto-currency and block chain management. He started his first venture YouthTech at the age of 18.

Having led his ventures to success, Abhyudoy now plans to work towards mass adoption of crypto in India, building a transparent and successful crypto ecosystem in the country. He is also recognised among the Top Crypto Influencers in India right now.

By News Desk

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