# Playzap Games Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/playzap-games-pte

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.playzap.games
- Latest round: Seed (Aug 3, 2022)
- Investors on record: 4

## About

Playzap Games Pte Ltd is an emerging company in the GameFi and blockchain gaming markets, creating engaging skill-based casual games that enhance user interaction and competition.Founded in 2022 and headquartered in Barcelona, Spain, Playzap Games Pte Ltd specializes in competitive casual gaming. The company is led by CEO Abhishek Buchvani, who co-founded the company alongside Harsh Buchwani and Taha Shahda. Playzap Games Pte Ltd has completed one funding round, raising an undisclosed amount of SEED funding in August 2022, with participation from investors such as KuCoin Labs, Arcanum Capital, Oddiyana Ventures, and PrimeBlock Ventures.PlayZap is a prominent player in the GameFi and blockchain gaming sectors, offering a suite of skill-based casual games under its PlayZap platform. The core product is the PlayZap gaming app, which enables users to engage in various competitive casual games designed to test their skills against other players. This app facilitates a seamless gaming experience across multiple devices, allowing players to join challenges and tournaments while earning rewards in the form of the in-game utility token, USD $PZP. The company serves a global customer base, with significant engagement in markets such as North America, Europe, and Southeast Asia. By eliminating barriers such as costly NFTs, PlayZap aims to make competitive gaming accessible to a broader audience, thereby enhancing user engagement and promoting skill-based gaming.PlayZap generates revenue through a combination of in-app transactions, token sales, and partnerships with various ecosystem partners within the blockchain and gaming industries. Players can earn USD $PZP tokens through participation in in-game events, tournaments, or by staking their tokens, which incentivizes ongoing engagement with the platform. Revenue from transactions is facilitated by the app, which supports seamless in-app purchases and staking options. Additionally, the company has established partnerships with over 100 organizations across GameFi, DeFi, and infrastructure sectors, enhancing its revenue streams through collaborations and integration of services. The diverse range of games and user engagement strategies positions PlayZap favorably within the competitive landscape of blockchain gaming.Playzap Games Pte Ltd is focused on enhancing its platform through the development of new game intellectual properties and launching additional features for both mobile and desktop versions by early 2024. The company aims to expand into new markets, specifically targeting regions in Asia and South America by mid-2024. The funds raised during the SEED round in August 2022 will be allocated to further develop its platform, form new partnerships, and reach a wider market presence, thereby increasing its impact in the GameFi ecosystem.

## Funding rounds

- Seed, Aug 3, 2022 — Arcanum Capital, Oddiyana Ventures, PrimeBlock Ventures, KuCoin Labs

## Investors

- Arcanum Capital (https://capitalatlas.ai/funds/arcanum-capital) — Seed
- Oddiyana Ventures (https://capitalatlas.ai/funds/oddiyana-ventures) — Seed
- PrimeBlock Ventures (https://capitalatlas.ai/funds/primeblock-ventures) — Seed
- KuCoin Labs (https://capitalatlas.ai/funds/kucoin-labs) — Seed