Ancient8
Ancient8 is a Decentralized Autonomous Organization (DAO) that develops a community and software platform to enable everyone to play and build the Metaverse while earning rewards.
All edits by Anna Shashkova
In January 2022, we announced our $4M seed round financing, backed by leading blockchain investors and builders. We’re fortunate and proud to be accompanied by our dearest friends, backers, and community in this journey to democratize social and financial access in the Metaverse.
Ancient8 Investors & Partners
Vietnam is perfectly positioned to become a leader of blockchain industry and web3 innovation, more so than almost any other country in the world.
As a developing country in an ascendant region of the world, Vietnam is experiencing rapid growth in digital and internet technology and has quickly embraced blockchain and cryptocurrencies.
Vietnam has all the prerequisites for a thriving GameFi industry.
- Vietnam leads the rest of the world in cryptocurrency adoption, and ranks third in monthly average users on MetaMask.
Vietnam Crypto Statistics
- Vietnam is expected to be one of the fastest-growing Internet economies in the next 10 years according to Google's e-Conomy SEA 2021 report. Over 70% of Vietnam’s population has access to internet.
- Vietnam ranked 9th, globally, in smartphone penetration rate with 63.1%, higher than Indonesia (58.6%) and the Philippines (37.7%), and highest in South East Asia.
GameFi presents a significant economic opportunity for Vietnam. Vietnamese stand to earn an estimated 3-4 times their monthly minimum wage from playing blockchain games. This is a strong economic incentive to play and earn.
Southeast Asia Income Statistics
However, the financial barrier to entry discourages widespread adoption. In some cases, Vietnamese players have had to invest nearly 50% of their annual income just to start playing Axie Infinity.
Meeting the moment, to achieve our potential.
Ancient8 eliminates this barrier by purchasing the in-game NFT assets needed to play, and lending them to our scholars. In exchange, Ancient8 receives a share of the tokens they earn in-game.
We also provide to our scholars invaluable education and insight into crypto, blockchain gaming, and gameplay skillsets. We are fostering a thriving community with positive values and inspiring our members to embrace their personal and national identity.
Ancient8's role as a guild is critical in making Vietnam the largest blockchain gaming hub in the region, perhaps even the world.
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