SKYPLAY, a gaming platform provider, has successfully secured a sizeable investment of $10m from global investment firm LDA Capital Limited.
This substantial funding will be instrumental in speeding up the expansion of SKYPLAY’s platform, focusing on both the publication of new games and the acquisition of new users. Currently, SKYPLAY boasts an active and engaged blockchain community of over 300,000 users, all keen to explore and enjoy the company’s expanding gaming offerings.
At the heart of SKYPLAY’s platform is the unique use of SKP coins. These coins can be earned and then deployed by users throughout the platform’s ecosystem, making for a fully integrated gaming experience. The seamless connection between the platform’s content and SKP coins allows users to delve into a wide range of services, with SKP serving as the backbone of their transactions.
According to the company, the new funding will be used to further enrich the diversity and appeal of its platform. As the leader in the Play to Earn (P2E) space, SKYPLAY plans to bring a variety of entertainment across sports, arts and crafts to cater to the diverse interests of the gaming community. This unique approach, coupled with a forum-style community, makes SKYPLAY’s offering stand out from the competition.
In addition to these developments, SKYPLAY plans to debut an AI avatar to act as a connector in a forthcoming metaverse platform. This platform will create links between cities, humans, and the future, promising to deliver unique experiences and business models. By harnessing the power of the latest in blockchain and AI technologies, SKYPLAY aims to stay at the forefront of digital content innovation.
Anthony Romano, Managing Partner at LDA Capital Ltd, couldn’t hide his excitement about the partnership. He said, “SKYPLAY’s expansive ecosystem offers users a variety entertainment across sports, arts and crafts, appealing to the different preferences amongst the gaming community. This multifaceted approach, along with a forum-oriented community they’ve built is extremely difficult to replicate and gives them a leg up as they publish more games and diversify their entertainment offerings.”
Expressing his confidence in the future of the partnership, Richard Chang, CEO of SKYPLAY, stated, “The investment from LDA Capital will serve as a significant driving force for the future growth of SKYPLAY. I am confident that together, we will pioneer the future and become invaluable partners in our journey of growth.”
SKYPLAY is currently serving games in over 170 countries worldwide, with an impressive user base of approximately 300,000 active monthly users. As part of its ambitious growth plans, the company has set a target of attracting over 10 million users by the end of 2024.
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