Coinsilium Group Ltd backs pre-seeding round for Latin America-focused gaming hub


Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) has entered into a Simple Agreement for Future Tokens (SAFT) pre-seeding round for and become an advisor to the Delaware-registered company. aims to build Latin America’s first blockchain gaming hub while promoting web3 education and social mobility.

Under the terms of the SAFT, Coinsilium will purchase US$100,000 of future tokens, the utility token of the gaming ecosystem.

The platform ushers web2 gamers into web3 by providing practical blockchain education and matching them with top-earning opportunities with guilds, web3 e-sports organizations and game publishers, said Coinsilium.

Eddy Travia, Coinsilium’s chief executive, added: “One of the earliest and better-known successes in blockchain gaming and Play-to-Earn (P2E) has been A16Z-backed Axie Infinity which peaked at 2.7 million daily active users in November 2021.

“Despite AXS lower performance today, there are clear similarities between Axie Infinity’s original market – Southeast Asia and mainly The Philippines – and the Latin American or ‘Latam’ market.

“Due to these similarities, it is our view that Latam has the potential to become a major blockchain gaming market in the future. is not tied to a specific game and aims to replicate the popular gaming guild’s model in its target market.

“We are therefore very excited to participate in this pre-seed round for and to be advising their highly experienced team.”

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