My DeFi Pet Successfully Completed Private Round Led by Top Venture Capitalists
Within the last three months, the combined market cap of major NFT projects has increased approximately 17 times with many NFT art pieces being sold for nearly $70 million. Also, the NFT marketplace like OpenSea has their sales increased between 50-fold to 75-fold. The spike in sales indicates the strong interest from both the mainstream and blockchain users. With the combination of NFT, DeFi, and gaming content, My DeFi Pet is very excited to attract a list of reputable venture capital firms which are at their strongest in NFT (Animoca Brands), DeFi (Spark Digital), product development and strategies (Axia 8 and Bixin Ventures), blockchain well-established (DFG) and blockchain community resources (M6). My Defi Pet is proud to be born from KardiaChain and fully incubated by Kardia Ventures.
We are thrilled to announce that My DeFi Pet successfully raised $1M in the private round of investment to fund the development of a full mobile game that has NFT and DeFi features incorporated. Our project is backed by many top reputable venture capital firms and strategic partners, including Animoca Brands, Axia 8, Bixin Ventures, DFG, OKEx Blockdream Ventures, Consensus Labs, Spark Digital, M6, Kardia Ventures, and many others.
Being incubated by KardiaChain and developed by TopeBox, the top game developer in Vietnam with many games as App Store-featured and more than 100 million downloads globally, My DeFi Pet takes a different approach to target not only the blockchain enthusiasts but also the mobile gamers. The game would provide full traditional gaming experience for the players. Additionally, players could earn tokens by playing the game, getting rewards from participating in the seasons, and selling their powerful monsters for profits. New monsters and other features will be introduced to the game by various approaches, e.g. community limited edition, monsters designed for KOLs, and crossover with other games.
Our strategic investors come from strong backgrounds of many aspects of the blockchain space with extensive experience and visions for DeFi, NFT, and gaming. Their portfolios demonstrate long term commitments to support My DeFi Pet to achieve our visions with regards to liquidity, exposure, brand proposition strategy and product development.
We are very excited to be working with the VCs and partners to strategically bring My DeFi Pet to become a strong player in the blockchain gaming industry.
Animoca Brands is a leader in the field of digital entertainment, specializing in NFTs, gamification, and AI tech. Their product portfolio features The Sandbox, REVV, Flow Blockchain and NBA Topshot, Crazy Kings, and Crazy Defense Heroes, as well as products utilizing popular IPs such as Formula 1, Marvel, WWE, Garfield, Snoopy, Power Rangers, MotoGP™, Formula E, and Doraemon. Furthermore, featuring a broad investment portfolio including; Dapper Labs (creators of CryptoKitties), Decentraland, Harmony, and more.
Axia8 Ventures is a Shanghai-based venture capital firm. The firm seeks to invest in companies operating in the blockchain sectors. They have invested in DeFi projects such as Genesis Shards — a marketplace for pre-IDO tokens, Injective Protocols — a DeFi protocol for cross-chain derivatives trading across a wide range of financial products. and The Defiant — an information firm about tech and finance.
OKEx Blockdream Ventures
This is the investment institution under OKEx, focusing on exploring the best blockchain projects across the globe. With an initial capital of $100 million, OKEx Blockdream Ventures is a fund focused on exploring high-quality projects with great potential.
OKEx Blockdream Ventures is an investment institution under OKEx, focusing on exploring the best blockchain projects across the globe, supporting the most cutting-edge blockchain technology and innovation, promoting the sustainable development of the global blockchain industry, and focusing on long-term structural value investment. Here at Block Dream Fund, we believe in the power of decentralization, and we are here to invest in dreams.
Consensus Lab is a blockchain investment research institution co-founded by Mars Finance founder Fred Wang and former Linekong Capital partner and Cathay Capital partner Kevin Ren. It is one of the mainstream investment institutions in Chinese blockchain industry. Including Consensus Investment Fund, Consensus Quantitative FOF and Consensus DeFi Innovation Fund. Consensus Lab is also a founding member of the Nova Club Alliance of Investment Institutions.
Spark Digital Capital
Spark Digital Capital is an innovative research-focused Venture Capital firm with strong connections to the Chinese market. Spark’s investment portfolio includes The Graph, Elrond Stafi, Frontier, 1inch, and many more.
Momentum 6 is a Venture Capital firm that focuses on marketing strategy for projects. The firm was founded by Garlam Won in 2017 and has been a significant mover in the crypto industry ever since.
Digital Finance Group (DFG) is a global blockchain and digital asset investment firm. Founded in 2015, and it manages investments in excess of $550M AUM. DFG is involved in every aspect of the ecosystem. DFG understood early on the significant potential of this new asset class and technology and started, like many did, as traders. DFG gradually moved into related businesses, and it is now one of the most diversified crypto-asset businesses in the world. The company has the expertise and a deep understanding of the different parts of the digital ecosystem, such as infrastructure, applications, and cryptocurrencies, and understands how they relate to each other. DFG has a proven track record of success in crypto investments and in growing companies. The company has performed in volatile markets and has developed specialized expertise, market access, and knowledge. It now has hundreds of employees across the world and a dedicated staff of researchers identifying trends in the digital asset space.
Kardia Ventures is the investment arm of KardiaChain, works with a vision to identify, connect, and help the most promising crypto-centric projects on global scale. Kardia Ventures’s focus is on building strong relationships and providing assistance in any way we can from capital adequacy, technical advisory, and business development or expansion strategy.
Clovers Ventures was founded in 2020, and is one of the top well-known VC bases in Vietnam that exclusively focuses on Blockchain, NFT Market Place and DeFi Ecosystem.
We specialize in leveraging and amplifying our portfolio to help create and enhance each one’s strength, innovative and competitive advantages.
As a key contributor in Vietnam market, Clovers Ventures has been deeply involved in a number of top leading blockchain projects such as Injective Protocol, Kira Network, Genesis Shard,
Dora Factory, Konomi Network, Channels Finance, Beyond Finance, SIL Finance and Ethernity Chain.
Megala Ventures is one of the largest institutional investors of blockchain and distributed ledger technologies at Southeast Asia, and has been a key contributor to a number of leading blockchain projects
About My DeFi Pet
My DeFi Pet combines the traditional game architecture and DeFi features to bring unique user experiences in DeFi and NFT collectibles. Players can collect, breed, evolve, and battle monsters as well as trade monsters and participate in season events to claim lucrative prizes up to $100,000 per season. Monster stats growth and special abilities are influenced by bonus points obtained from your daily activities.
My DeFi Pet is developed by TopeBox, the top game developer in Vietnam with many games as App Store-featured and more than 100 million downloads globally. The team aims to make My DeFi Pet another global hit with the blockchain and DeFi support from KardiaChain’s Dual Node technology, a non-invasive cross-chain infrastructure.