Dragonz Lab secures $9 M investment from Syndicate Capital to expand Web3 gaming ecosystem

Dragonz Lab, a Web3 gaming studio originating from the UK, has raised $9 million in a funding round led by Syndicate Capital Limited Partnership Fund (LPF).

This venture capital fund specializes in Web3, blockchain, and AI investments and aims to foster the digital economy.

The funding will help enhance the development of Dragonz Land, a Play-2-Earn game focused on digital property rights and the Web3 ecosystem.

The investment is intended to support the expansion of Dragonz Land, a game that combines NFT cards, dynamic gameplay, and community engagement.

With over 5.3 million monthly active users, Dragonz Land allows players to collect, trade, and level up cards across 16 factions while earning in-game tokens through various challenges.

“Partnering with Syndicate Capital LPF represents a huge leap forward for the Dragonz ecosystem,” said Andy Chen, Representative of Co-General Partner at Syndicate Capital LPF and Board Member of Dragonz Lab.

Our expertise in building ecosystems around loyalty programs aligns perfectly with the vision for creating a sustainable and engaging gaming environment.

The funds will be directed toward improving core features such as PvP tournaments, strategic guild collaborations, and customer loyalty programs to increase user acquisition and retention in the Web3 space.

Additionally, Dragonz Lab plans to refine the blockchain infrastructure, ensuring secure transactions and true ownership of digital assets for players.

A growing Web3 gaming ecosystem

As the Play-2-Earn gaming market continues to evolve, Dragonz Lab’s partnership with Syndicate Capital LPF positions it to stand out with a blend of innovative blockchain technology and successful revenue models.

The game is available on both mobile and desktop platforms, including Telegram, and leverages blockchain for secure digital asset management.

“Syndicate Capital LPF sees Dragonz Land as the future of gaming and Web3, blending customer loyalty programs with GameFi technology,” said Dr. Albert Yip, Chairman of Syndicate Capital Group.

We are excited to support the project and produce synergies with other digital initiatives in our portfolio, such as Asia Top.

Dragonz Lab’s expansion plans include releasing its tokenomics and additional game features in the coming months, further boosting user engagement and community growth.

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