L2Y Raises $ 3.7 Million for GameFi Trading Platform and Infrastructure

Press release

L2Y, the first GameFi trading infrastructure and platform, received $ 3.7 million in seed capital from a group of investors led by Hack VC, A&T Capital, Kenetic Money, and Protocol Labs. Fenbushi Capital, NGC Ventures, HashKey Funds, CollinStar Capital, FBG Funds, Foresight Ventures, DoraHacks and Starboard also participated in the fundraising.

The L2Y platform was officially launched today. It integrates various Internet metaverse data 3. into one platform, so that users are informed about everything there is to know about GameFi. It also makes it possible to build relationships with guilds, game developers, players, token holders and vendors in one place. Users can now efficiently review high quality projects and best profitable opportunities for GameFi.

“GameFi is one of the hottest new trends in the crypto space,” said Alex Pack, managing partner of Hack VC. As a full-fledged crypto investor and participant in the crypto ecosystem, Hack VC has invested dozens of unicorns – such as 1inch, Amber, Celo, DYDX, Mina and Terra – in various phases.

“Sooner than we think, everyone in the world will live and work together in a crypto-enabled, user-owned supermarket. The GameFi model, in which users take ownership of the worlds in which they work and play, will be the organizational principle behind the Metaverse. L2Y.com is building the core infrastructure for this new world, helping users find their way around the cryptocurrency supermarket and understand the best ways to do it. ”

“GameFi will grow into a trillion dollar industry in five years and create tremendous demand for infrastructure. L2Y is at the forefront of providing the game industry with tools and data to scale players and platforms into the GameFi era, ”said Jehan Chu, founder of Kenetic Funds.

With this financing round, L2Y will further accelerate the development of the platform and improve the comprehensive user experience by improving its functions. “Our vision is to build an ecosystem for all GameFi participants so that we are not only leaders in commercial GameFi data and analysis. Our GameFi Guild Alliance, the GameFi Marketplace, which includes Scholarly Freelance Marketplace, NFT OTC and NFT Asset Loans and Income, Guild Incubator, and FOF, will follow in the coming months, ”said Lester Li, Founder and CEO of L2Y, is the former head of Huobi Institutional Business and Dishonest Token Exchanges and the former CEO of Huobi Europe.

The GameFi and Metaverse ecosystems have rapidly expanded their presence. L2Y is working hard to make the future of GameFi a reality and to become an important part of the new generation of games being developed on blockchain.

About L2Y

L2Y was founded in 2021 and every team member comes from leading companies in the blockchain industry. L2Y’s founders are veterans of strategic, gaming, and engineering investments. In addition to providing GameFi guild trading service platforms, we also provide GameFi investment and incubation services in both the primary and secondary markets of the Sports Metaverse.