Seoul-based SKYPLAY, a company developing a platform that integrates blockchain technology, has secured a $10 million investment commitment from investment firm LDA Capital Ltd. The funding aims to accelerate the growth of SKYPLAY's gaming platform, enabling the publication of more games and the acquisition of new users. SKYPLAY, a prominent play-to-earn platform, boasts an enthusiastic blockchain community of over three hundred thousand monthly active users. The platform allows users to utilize SKP coins for various purposes within its ecosystem and offers seamless integration between onboarded content and SKP, serving as the underlying currency.
The company currently serves users in over one hundred seventy countries worldwide and aims to reach over 10 million users by the end of 2024. With plans to develop an artificial intelligence (AI) avatar metaverse platform, SKYPLAY aims to pioneer the future of digital content, leveraging blockchain and AI technologies to provide innovative experiences and diverse opportunities for its users.