Arianna Simpson is one of the four general partners at A16Z, a prominent venture capital firm in the crypto space who is currently managing a $2.2 billion venture capital fund. Recently she has been focusing on startups that combine cryptocurrency with gaming.
Arianna Simpson is interested in the NFT-based "play-to-earn" model, in which gamers can earn cryptocurrency and then exchange it for local currency
Just today A16Z announced that it has signed strategic investments with three startup guilds. The three chain game guilds are YGG (Yield Guild Game), NASH (NeoWorld Cash) and FTN-LEA (Fraternity League).
YGG and NASH are decentralized gaming companies that invite players to share in the company's revenue by playing blockchain-based games. yGG and NASH's model is to launch games by lending money to players to buy NFT assets and other digital assets so they can start making money.
FTN-LEA (Fraternity League), as a community with a strong technical background, mainly focuses on the creation of technology development, and the construction of on-chain DAO systems, for global chain tour guild organizations to jointly build an open decentralized autonomous guild platform.
On that day, Arianna Simpson of a16z led her team to co-lead the angel round of investment in FTN-LEA, FTN-LEA received a total of $2 million in funding, this round of funding will be used mainly for the FTN-LEA community talent ladder and the construction of the on-chain DAO system. arianna Simpson said that in the future when the on-chain DAO system goes live and the FTN-LEA community reaches the appropriate number of users, a16z will use additional funds for NTF and Token leasing and incubation of blockchain games as a way to incentivize the development of the community. Judging from this fundraising, FTN-LEA's attention in the capital market is evident.
It is worth noting that in addition to the capital markets, FTN-LEA is also gaining the attention of small as well as retail investors, with the number of followers on its Twitter feed, which has already exceeded 20,000, and the number of popular tweets reprinted more than 1,000 times.
FTN-LEA introduction
FTN-LEA is a decentralized community autonomous organization (DAO) started by a group of enthusiasts who aspire to the future of blockchain gaming world. FTN-LEA Chain Tour Guild aims to gather community power and bring together chain tour enthusiasts through the infrastructure built by FTN-DEX (DeFi, DEX, NFT trading market, Token lending, NFT borrowing, NFT mining, LP liquidity mining, etc.) to provide assistance to participating blockchain game players, tap into high-quality meta-universe projects and blockchain game publishers, and to Provide financial support, traffic support and technical support to help the blockchain game industry flourish. While growing FTN-LEA chain game guild, the development of the industry will also bring sustainable and considerable benefits to the guild.
FTN-LEA development vision
1. to become a bridge between the real world and the virtual world. the FTN-LEA chain game guild will provide users with all kinds of services on the FTN-DEX exchange, helping players to conveniently exchange game props for NFT and build basic application facilities such as game stores, NFT lending, game tokens, LP liquidity mining, etc.
2. Become a community-based VC organization, discover high-quality blockchain game publishers, participate in early investment in projects with a community-based VC organization, help blockchain game development and bring benefits to the community.
3. Become a blockchain game blockchainization engine for blockchain games, componentize and tool up the economic system and NFT system in game development, enable game developers to quickly realize blockchain game development, and help traditional game developers transform blockchain games.
