KuCoin Ventures Joyride Games, Inc.  By investing in, a Web3 publishing platform for game developers, supported by KuCoin’s $ 100 Million Creator Fund

KuCoin Ventures Joyride Games, Inc. By investing in, a Web3 publishing platform for game developers, supported by KuCoin’s $ 100 Million Creator Fund

VICTORIA, Seychelles – (Business Wire) – KuCoin, a leading global cryptocurrency trading platform, has announced that its venture capital arm, KuCoin Ventures, has invested in Joyride Games, a top platform for casual builders, launchers and webmasters. Games and mobile sports. Joyride is one of the first initiatives supported by KuCoin’s $ 100 Million Creator Fund.


Launched by Windvane and KuCoin Ventures, the C 100 million Creator Fund KuCoin NFT Marketplace is aimed at helping young artists and creators showcase their talents and create an open, free, equal and decentralized NFT marketplace. The fund covers a diverse range of NFT projects, including sports, PFP, Asia Culture, Celebrity, GameFi and many other innovative projects to promote blockchain’s global adoption.

As one of the first companies supported by the KuCoin Creator Fund, Joyride is a leading Web3 publishing platform for game creators, providing developer tools, go-to-market support and blockchain technology. Joyride brings NFT and tokens to games for casual mobile viewers. In March 2022, Joyride Games and Blockchain announced $ 14 million in funding and funding from investors, including Bitcraft Ventures, Coinbase Ventures, Animoka Brands, Solana Ventures and others.

The new funding for KuCoin Ventures announced today will be used to raise Joyride’s team, further develop the publishing platform, and launch the company’s initial game title.

Justin Chow, Chief Investment Officer of KuCoin, said: “We are thrilled to be working with the JoyRide Games team, who have extensive game and blockchain experience and aim to revolutionize the gaming industry by making games readily available on the blockchain. For consumers. ”

Joyride’s technologies include NFT, Functional Token Economy, and blockchain wallet support, including market-leading publications and live operation capabilities. Joyride has already announced the initial title Solitaire Blitz And Tennis champs, Built on the company’s platform, and Tennis Champs Genesis NFT The collection sold out within 30 seconds of its launch.

Omar Siddiqui, CEO of JoyRide Games, said: “We see that the larger the market, the more accessible, fun experiences the larger audience can enjoy – that’s why we’re building the casual game publishing platform for the Web3 era.” “With investors and partners like KuCoin Ventures, Joyride has long-term support and strategic support that can build in the long run.”

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange headquartered in Seychelles. As a user-oriented platform with a focus on inclusion and community activity, it offers more than 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, stacking and lending to its 18 million users in 207 countries. And regions

In 2022, KuCoin raised over $ 150 million in investments through a pre-Series B round, bringing the total investment with Round A to $ 170 million, with a total value of $ 10 billion. According to CoinMarketCap, KuCoin is currently one of the top 5 crypto exchanges. Forbes also named KuCoin one of the best crypto exchanges of 2021. In 2022, The Ascent has announced Coin Coin as the best crypto app for enthusiasts

To learn more, visit https://www.KuCoin.com.

About KuCoin Ventures

KuCoin Ventures is a leading investment arm of the KuCoin Exchange aimed at investing in the most disruptive cryptocurrency and blockchain projects of the Web3.0 era. With a commitment to empowering crypto / web 3.0 makers, including Deep Insights and Global Resources, it is a community-friendly and research-driven full-fledged corporate venture that works closely with DeFi, Game-Fi, Web 3.0, the infrastructure, entrepreneurial journey. Throughout its portfolio project.

About Joyride Games

JoyRide is a web 3 publishing platform for game makers backed by top blockchain partners such as Super Layer, Coinbase Ventures, Dapper Labs, Solana Ventures, Opency and Cocaine Ventures. Optimized for the Unity ecosystem, JoyRide allows game developers to create and launch blockchain-driven casual, e-sports and social games on iOS and Android.

For more information, please visit www.onjoyride.com and join the Joyride Games Discord community.

Introduction

Emma Howell

media@KuCoin.com

Joyride Games

press@onjoyride.com

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