We are very happy to announce that we have reached a strategic cooperation with Solana Ventures and accepted their investment of 500,000 US dollars.
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Solana Ventures will partner with YGG SEA to provide resources and training to blockchain game developers in Southeast Asia.
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The region is a hub for blockchain gaming, both in terms of development and player engagement.
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YGG SEA is uniquely positioned to serve the millions of gamers in the region.
YGG SEA has formed a new partnership with Solana Ventures, the investment arm of Solana Labs, which will strengthen the Yield Guild Games subDAO’s presence in Southeast Asia. This exclusive strategic agreement will result in resources being made available to game developers in the region and the wider gaming community. This strategic cooperation is part of the resource empowerment of Solana Ventures as part of the $500,000 investment in YGG SEA's turnaround.
Solana Ventures will work closely with YGG SEA's regional managers to develop a training program on building projects on the Solana blockchain and connect game development studios with engineering resources to help deploy new titles in the Solana ecosystem. This will accelerate game development and product launches in Southeast Asia, which is home to 225 million gaming and esports enthusiasts.
"Southeast Asia is a major hub for blockchain game innovation, and we are excited to partner with YGG SEA to build sustainable value in the Southeast Asian community and developer ecosystem. Gaming companies should not only focus on monetization. Our plan is to build Learning and development resources to create real long-term value in Southeast Asia, and ultimately help bring the best games and products to market," said Matt Beck, Principal of Solana Ventures.
At the same time, as the range of titles available to game community members diversifies, YGG SEA scholars will be able to gain access to more and more games built on Solana.
YGG SEA's relationship with Yield Guild Games and its team of gaming industry veterans puts the sub-development organization in a unique position to bring the most interesting and engaging games to the region while helping local gamers go from game to revenue benefit from the model. Southeast Asia's gaming community is an integral part of the global video game industry, and Solana's long-term plans include major expansion in the region. Solana's collaboration with YGG SEA is a monumental step towards this goal.
"Demand for games is higher than ever, especially in South East Asian countries. YGG SEA's core team and regional managers have a deep understanding of the cultural nuances of this diverse region and have been building our game from the ground up starting in early 2022 Academic community. Evan Spytma, CEO and co-founder of YGG SEA, said: "This new partnership with Solana Ventures will give YGG SEA an incredible boost and help us provide the best Good resource, as we continue to serve the community of gamers in the region. "
About Solana Ventures
Solana Ventures funds projects on the Solana blockchain. Its mission is to accelerate the development of the Solana blockchain and adjacent ecosystem by providing funding to the most promising teams building in the cryptocurrency ecosystem.
About YGG SEA
YGG SEA is the first sub-DAO of Yield Guild Games, a decentralized autonomous organization for the acquisition and management of NFTs assets used in the Metaverse. Our mission is to create the largest and most sustainable "earn while you play" digital economy in Southeast Asia. YGG SEA is one of the founding members of the Asian Blockchain Game Alliance.