# BlockchainSpace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blockchainspace

- Industry: Software
- Headquarters: Makati City, Philippines
- Website: www.blockchainspace.asia
- Total disclosed funding: $3.8M
- Latest round: Seed (Nov 18, 2021)
- Investors on record: 16

## About

BlockchainSpace, based in the Philippines, develops innovative solutions to empower Web3 guilds, creators, and fandom communities through enhanced engagement and unique digital experiences.Founded in 2018 and headquartered in Makati City, Philippines, BlockchainSpace focuses on building tools for Web3 communities. The company raised USD 3.75 mn in a Seed funding round on November 18, 2021, with participation from notable investors including Animoca Brands Corporation Limited and The Spartan Group. Peter Ing, the founder, has led the company through its inception without any noted pivots or changes in business strategy.BlockchainSpace offers a suite of products designed for Web3 guilds, creators, and fandom communities. Their core product, YEY, enhances community engagement through innovative tools and gamification features. The company also operates Guilds Hall for networking among gaming leaders and Creator Circle to promote digital culture in Southeast Asia. Their services target communities in gaming, music, art, sports, and lifestyle, focusing on passionate fans and creators across North America, Europe, and Asia.BlockchainSpace generates revenue through its flagship products, including the YEY platform. Their income is derived from partnerships with community leaders and creators, utilizing subscription models and one-time fees for premium features and campaigns. This approach fosters a financial ecosystem centered around community interaction and digital culture.Following the Seed funding of USD 3.75 mn raised in November 2021, BlockchainSpace plans to develop new tools such as automated credit scoring and loan issuance. Additionally, the company aims to deploy an ecosystem fund to support growth initiatives. They are focused on expanding into new markets and geographic regions, particularly looking to enhance their presence in Southeast Asia over the next few years.

## Funding rounds

- Seed, Nov 18, 2021, $3.8M — CMS Capital, The Spartan Group, Animoca Brands Corporation Limited, Fenbushi Capital, Coingecko, Parataxis Capital Management, BitScale Capital, 3Commas Technologies OU, Arca, Sfermion, Infinity Ventures, Mechanism Capital, GBV Capital, Yield Guild Games, Petrock Capital, StableNode

## Investors

- CMS Capital — Seed
- The Spartan Group — Seed
- Animoca Brands Corporation Limited — Seed
- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed
- Coingecko — Seed
- Parataxis Capital Management — Seed
- BitScale Capital — Seed
- 3Commas Technologies OU — Seed
- Arca — Seed
- Sfermion (https://capitalatlas.ai/funds/sfermion) — Seed
- Infinity Ventures (https://capitalatlas.ai/funds/infinity-ventures) — Seed
- Mechanism Capital (https://capitalatlas.ai/funds/mechanism-capital) — Seed
- GBV Capital (https://capitalatlas.ai/funds/gbv-capital) — Seed
- Yield Guild Games (https://capitalatlas.ai/funds/yield-guild-games) — Seed
- Petrock Capital (https://capitalatlas.ai/funds/petrock-capital) — Seed
- StableNode (https://capitalatlas.ai/funds/stablenode) — Seed