Arcade lands $3.2M from Crypto.Com, Solana, KuCoin and others to take GameFi mainstream
Summary
These include the requirement to purchase native NFTs, representing land or characters, that can cost hundreds, if not, thousands of dollars. Through its Mission Pools, anyone can earn rewards from engaging in Play-to-Earn activities without the need to own the corresponding in-game NFTs.KuCoin Labs Head Xinly YU said: The fundamental difference between a GameFi project and traditional games are the formers strong finance features. This is where Arcade fills the gap by enabling those groups of people to enjoy earning yields through their specific products without directly playing the games themselves.Solana Ventures Josh Finer added: We are excited to support Arcade2Earn as it bridges the gap between DeFi and GameFi on Solana. Whether you are a passive spectator or avid gamer, the Arcade2Earn platform offers unparalleled exposure to the blockchain gaming ecosystem.Arcade is built for those who are passionate about GameFi. Arcadians can contribute to the community Mission Pool or take on the role of an operator who carries out the skill set required for Play-to-Earn games across multiple chains.