Amasa is happy to announce it has completed its funding round raising $1.5 million from notable venture capital firms and investors.
As per the announcement, those who participated in the funding round include Animoca Brands, Polygon’s Sandeep Nailwhal, Momentum 6, Polygon, OKEx Block Dream Ventures, and Moonwhale Ventures, SkyVision Capital, Yield Guild Games, Spark Digital Capital, among others.
The newly acquired funding will reportedly help Amasa introduce investments streaming to the world. The funding will also empower people to harness the wealth-building potential within Decentralized Finance and micro income steam. In addition, the funding will be fundamental in building Amasa’s core contributors while at the same time help in the growth of the project’s roadmap through the creation of a platform and ecosystem.
Amasa now believes it has the backing needed to develop a solid connection between emerging industries like non-fungible tokens (NFTs), metaverse builders, and play-to-earn gaming through the unwavering support from its investors.
Commenting on Amasa, director of strategic partnerships at Animoca Brands, James C.K. Ho, stated:
“As true proponents of decentralization and fair wealth distribution, we see Amasa as playing a pivotal role in the mass adoption of the earning potential web3, and DeFi provides. This will create increased value, not only for Animoca’s portfolio of projects but for the entire blockchain ecosystem.”
Amasa is a blockchain-based project that seeks to become the first micro income stream investment platform. The project has a mission to ensure all users have the necessary tools and opportunities to combine and capture new income streams allowing them to create a more significant source of wealth over time. In the end, Amasa hopes to stabilize income and amplify it through user-selected DeFi investment options.
The co-founder of Yield Guild Games, Gabby Dizon, added:
“I am all about bringing communities together to earn via blockchain-based economies. Amasa will bring more users into the space and give existing users additional options and incentives to increase the value of their time spent in these economies.”
In the coming days, the project plans to distribute its native toke, AMAS, build out its platform and launch new products to widen its ecosystem, integrate governance process and scale build across chains. The platform also plans to introduce social goods to focus on its network, widen the scope of income and add the general investment integrations.