Dragonz Lab's $9M Investment Will Transform the Dragonz Land Ecosystem

Enhancing the Dragonz Land Ecosystem

Abu Dhabi, UAE, 9th October 2024, Chainwire

Dragonz Lab, a Web3 gaming studio from the UK, announced a $9 million funding round led by Syndicate Capital Limited Partnership Fund (LPF). This venture capital fund specializes in Web3, Blockchain, and AI investments, aimed at fostering the development of the digital economy. The strategic equity investment aims to enhance the development of Dragonz Land, a utility-driven Play-2-Earn game that promotes digital property rights within the Web3 ecosystem.

Investment Highlights

With support from Syndicate Capital LPF, Dragonz Lab plans to allocate funds to further develop Dragonz Land's ecosystem, which boasts over 5.3 million monthly active users. Improvements will focus on features such as:

• PvP tournaments
• Strategic guild collaborations
• Customer loyalty program

Dragonz Land combines unique NFT cards with dynamic gameplay. Players can buy, collect, level up, and trade cards across 16 distinct factions while earning in-game tokens by completing various tasks.

Strategic Partnership Benefits

Andy Chen, the Representative of Co-General Partner of Syndicate Capital LPF and Board Member of Dragonz Lab, emphasized that partnering with Syndicate represents a tremendous forward leap for the Dragonz ecosystem. The alignment of their expertise in building ecosystems around loyalty programs is expected to create a more engaging environment for users.

Future Developments

The game is available on both mobile and desktop through Telegram, leveraging blockchain technology for secure transactions and true ownership of digital assets. Syndicate Capital LPF aims to tap into the growing market for games that utilize this technology.

Syndicate Capital Group's Chairman, Dr. Albert Yip, expressed excitement over the potential of Dragonz Land, highlighting its innovative blockchain technology and revenue model as crucial for future gaming.

The project is set to unveil its tokenomics and additional features in the upcoming months, reinforcing its commitment to growing its user base and community engagement.

About Dragonz Land

Dragonz Land is a Trading Card Game where players buy, collect, merge, and evolve NFT cards. This cutting-edge Web3 trading card game employs tap-to-earn mechanisms, enhancing the player experience.

About Syndicate Capital Group

Syndicate Capital Group is committed to supporting fintech and CBDC initiatives globally, serving as a Web3 venture fund focused on investments in the digital economy.