{"id":15093,"date":"2021-12-10T17:34:01","date_gmt":"2021-12-10T16:34:01","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=15093"},"modified":"2021-12-10T17:34:12","modified_gmt":"2021-12-10T16:34:12","slug":"yield-guild-games-leads-a-4m-seed-funding-round-for-esports-company-bayz","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/yield-guild-games-leads-a-4m-seed-funding-round-for-esports-company-bayz\/","title":{"rendered":"Yield Guild Games leads a $4m seed funding round for eSports company BAYZ"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\"><a href=\"https:\/\/coinscreed.com\/staging\/bitkraft-esports-venture-launches-a-75m-investment-fund-for-blockchain-gaming.html\" data-type=\"post\" data-id=\"11924\">BAYZ, a blockchain gaming and esports company<\/a> recently closed a $4 million (\u00a33 million) seed funding round led by Yield Guild Games. The funds will be used to solidify the company's position in the NFTs gaming industry.<\/h5>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/image-103.png\" alt=\"Yield Guild Games leads a $4m seed funding round for eSports company BAYZ\n\" class=\"wp-image-15094\" width=\"830\" height=\"477\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/image-103.png 703w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/image-103-300x172.png 300w\" sizes=\"(max-width: 830px) 100vw, 830px\" \/><\/figure><\/div>\n\n\n\n<p>The money will be utilized to strengthen BAYZ's position in the<a href=\"https:\/\/www.google.com\/search?q=Yield+Guild+Games+leads+a+%244m+seed+funding+round+for+eSports+company+BAYZ&rlz=1C1SQJL_enNG889NG889&oq=Yield+Guild+Games+leads+a+%244m+seed+funding+round+for+eSports+company+BAYZ&aqs=chrome..69i57.1767j0j9&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noopener\"> NFT gaming industry<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> through investments and collaborations, according to the press release. BITKRAFT and Delphi Digital, two well-known gaming and cryptocurrency investment firms, are also part of the seed round.<\/p>\n\n\n\n<p>The funding round included angel investors Sebastien Borget (The Sandbox), Aleksander &#8216;Psycheout' Larsen and Jeff &#8216;Jiho' Zirlin (Axie Infinity), as well as Nickev (RumbleKongs and reNFTLabs).<\/p>\n\n\n\n<p>BAYZ, which calls itself a &#8220;gaming guild,&#8221; wants to use blockchain technology in content development, competition, and esports. Matt &#8216;MobileMatt' Rutledge and Joo Borges, both veterans of mobile esports, formed the startup in October 2021.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;With the growth of NFT and blockchain-based gaming, we recognized we had a tremendous potential to deliver the<a href=\"https:\/\/coinscreed.com\/staging\/virtue-gaming-launches-p2e-crypto-poker-to-us-players.html\" data-type=\"post\" data-id=\"15086\"> play-to-earn platform<\/a> to people who need it the most,&#8221; said Matt &#8220;MobileMatt&#8221; Rutledge, Co-Founder of BAYZ.<\/p><\/blockquote>\n\n\n\n<p>&#8220;We're committed to producing the resources needed to assist gamers to learn about the power of play-to-earn and onboard them into the metaverse by expanding our content pipeline and infrastructure.&#8221;<\/p>\n\n\n\n<p>A portion of the profits will be donated to a fund for the BAYZ community, according to the business. In the global blockchain gaming ecosystem, BAYZ will also &#8216;create an industry-leading structure' to<a href=\"https:\/\/coinscreed.com\/staging\/btc-surpasses-50000-cpi-data-shows-the-inflation-in-40.html\" data-type=\"post\" data-id=\"15083\"> support its esports operations<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BAYZ, a blockchain gaming and esports company recently closed a $4 million (\u00a33 million) seed funding round led by Yield Guild Games. The funds will be used to solidify the company&#8217;s position in the NFTs gaming industry. The money will be utilized to strengthen BAYZ&#8217;s position in the NFT gaming industry through investments and collaborations, [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":15094,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[5956,5958,5879,5565,5957,5959],"class_list":["post-15093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft-news","tag-bayz","tag-esports-2","tag-gaming-2","tag-nft-2","tag-ygg-2","tag-3blockchain"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/image-103.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/15093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=15093"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/15093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/15094"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=15093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=15093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=15093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}