AAG Ventures Expands Their Bet On The Metaverse And Rebrands As AAG

AAG Ventures, a formidable group of experts in blockchain, finance, and Web3, reveals the specifics of its rebranding and the following stages of its roadmap.

AAG Ventures becomes AAG and announces the outcome of a significant funding round. AAG Ventures will change its name to AAG starting in late August 2022, according to the company’s official announcement. The rebranding effort will emphasize AAG’s dedication to developing Web3 apps and Metaverse projects for the retail sector.

AAG will transition under its new name from managing play-to-earn guilds in disadvantaged cultures to developing high-performance Web3 and Metaverse apps.

AAG ran an Axie Infinity (AXS) scholarship program the previous year, enrolling 1,500 guild members from the Philippines, Indonesia, Brazil, India, Russia, Nigeria, and Argentina as “scholars.” The co-founder and CEO of AAG, Jack Vinijtrongjit, emphasizes the significance of this rebranding for the marketing and technological advancement of his products and those of his clients:

In order for web3 to reach mainstream adoption, the industry has to reach a certain level of maturity as a whole. Until now, the focus has been mainly on developers and early adopters. We are here to change that. We need to provide a much better user experience while protecting the overall ideas of web3, which means openness, access, and decentralization.

To accomplish its new goals, the protocol secured $12.5 million in a private round from a clutch of high-profile blockchain-focused investors.

Release of AAG Ventures Meta Wallet is planned, with a Q4 2022 debut date

AAG ecosystem will continue to focus on creating a one-stop stack for developers and crypto users even with its new moniker.

The team will introduce its MetaOne Wallet in Q4 2022, an intuitive one-stop shop for the Metaverse market. Then, AAG continues to build its GameFi SDK, which is intended to simplify web development for start-ups and early-stage teams.

As a result, by the year 2030, AAG hopes to have one billion more individuals from all over the world participating in the Web 3 and Metaverses market.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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