Press Releases

Avocado Guild and TPG Telecom have announced a groundbreaking collaboration to democratize internet services.

TPG Telecom and Avocado Guild, a blockchain gaming startup centered on the play-to-earn (P2E) model, have collaborated to allow consumers to exchange AVO DAO tokens for mobile data credits. The Avocado Guild’s native digital currency is AVO DAO. It will be used to attract players to spend time and effort to blockchain games.

Source: Avocado Guild

Through the community-centric approach, Avocado Guild is dedicated to opening doors to real-world opportunities and gratifying experiences for the learners. With this goal in mind,  the company teamed up with TPG Telecom, Singapore’s fastest-growing mobile network operator.

For the first time in the APAC area, a major mobile operator will investigate the possibility of converting the platform’s soon-to-be-launched token, DAO, into data credits, enabling for more equitable access to internet services.

The blockchain gaming startup and TPG Telecom reached an agreement following the firm’s recent $18M funding round, which was the largest Series A private fundraising round by a P2E guild to date. The collaboration will add value to the platform economy by providing the first real-world application for DAO.

Brendan Wong, CEO and Co-Founder, Avocado Guild, said:

This groundbreaking partnership with TPG Telecom not only allows real-world usage of the soon-to-be-launched Avocado DAO token, but contributes to the overall vision for Avocado Guild to enrich our scholars’ lives by allowing them to exchange the tokens for internet access.

TPG Telecom and the blockchain gaming startup will announce an innovative pilot initiative centered on the usage of DAO in the next months, with involvement from PSP Soteria Ventures (PSV) and QCP Capital.

Patrick

Coincu News

Andy

Recent Posts

Ethereum Futures ETF Still Shows Positive Signs Despite SEC Conflict

Positive dialogue between issuers and the SEC raises hopes for the approval of Ethereum futures…

2 hours ago

Arkansas Crypto Mining Is Facing Challenges From 2 New Bills

If approved, the proposed regulations could have immediate implications for the Arkansas crypto mining industry.

2 hours ago

Celsius Network Burns $90M Worth of Platform Tokens!

Celsius Network has obliterated all 652 million CEL tokens it held, amounting to a staggering…

2 hours ago

SEC Chairman Accused of Deception Regarding Ethereum’s Legitimacy!

Patrick McHenry, the influential chairman of the U.S. House of Representatives Financial Services Committee, accused…

3 hours ago

Binance Founder Changpeng Zhao Thanks Everyone for Their Support Before Going to Jail

Binance founder Changpeng Zhao was sentenced to four months in prison for money laundering violations.

3 hours ago

April Is The Worst Month For Bitcoin Amid ETF Outflows: Report

According to Bloomberg, April is reportedly the worst month for Bitcoin since FTX's fall, declining…

8 hours ago

This website uses cookies.