Zentry, the Metagame Layer project in the gaming industry, has announced the completion of a new strategic financing round. It has formed strategic partnerships with leading investors Spartan Capital, LongHash Ventures, Synergis Capital, and DWF Labs. These renowned funds have joined the ranks of Zentry’s existing $ZENT holders, including Binance Labs, Coinbase Ventures, Pantera Capital, Hashed, Defiance Capital, Animoca Brands, Vessel Capital, Play Ventures, Dapper Labs, Arche, and SkyVision Capital, to collectively drive Zentry’s vision.
Additionally, several prominent angel investors have also supported and participated in this strategic partnership, including Ray Char (Memeland), Mirza (Injective), Zagabond, Seedphrase, Soby, Loopify, Dingaling, Grail.eth, Konger, Spirit Dao, and APG_capital led by Awawat.
With the support of these exceptional investors, Zentry will benefit from extensive networks and resources in the Web2 and Web3 gaming, consumer brands, and ecosystems, accelerating the realization of its mission to establish a “game of games” and a strong and unique position in the gaming and SocialFi fields.
I. Building a New Paradigm
Everyone is asking, “What is the next big event in the gaming industry? What comes after Play-to-Earn?” As we delve into this field, we witness the emergence of a gaming lifestyle revolution. Games are transcending entertainment itself, igniting two important trends: firstly, games are becoming a part of everyday life, and secondly, the physical and digital worlds are merging. Zentry’s continuous expansion and growth validate this trend.
“We are excited to support Jarindr and his dedicated team, who have successfully built a stable GuildFi user base through gamified social behaviors of rewards and tasks during the bear market. With the team’s expertise in player behavior and a powerful game catalog, we believe Zentry’s Metagame Layer will drive the next generation of Web3 gaming and social experiences.” – Shi Khai Wei, Partner at LongHash Ventures.
Zentry is pioneering a new paradigm: the Play Economy. This evolution of Play-to-Earn goes beyond the short-term cycles of a single game economy and enters into a meta-economy encompassing multiple games with lifelong value. Zentry and its game economy will bring new dimensions to gaming, new distribution models, and a new era of advertising, creating unparalleled social and economic opportunities for gamers, game publishers, and other communities.
“The gamification of everyday life will continue to be the dominant trend in the future. We believe that Zentry is well-positioned to build a unique social layer that better connects the digital and physical worlds. With the growing network effect of the Zentry community platform, it has the potential to become the dominant source of new games and entertainment.” – Jerry Shi, Founder and Managing Partner at Synergis Capital.
II. Setting New Standards
Zentry aims to elevate standards and set industry benchmarks in the future. It is reasonable to believe that to achieve mass adoption of cryptographic technologies, we must purposefully build seamless onboarding and user experiences. Furthermore, mass adoption is not the work of a single party but a collective effort of the entire crypto industry.
“Spartan remains bullish on Web3 gaming as we believe it is the easiest way for cryptographic technologies to achieve mass adoption. Zentry has an innovative vision to seamlessly integrate real-life social interactions with Web3 technology, creating an immersive MMORPG experience. We firmly believe that the team can build a transformative ecosystem and redefine the boundaries of digital value creation.” – Tommy Chang, Game Director and Executive Director at Spartan Capital.
III. Zentry’s Treasury Strategy
According to the official treasury information for the first half of 2024, as of May 22, 2024, Zentry’s treasury balance has reached $151,367,382, representing a growth of approximately 50% since the beginning of 2024. The treasury consists of liquid reserves and investments. The liquid reserves amount to nearly $78,105,000, including stablecoins and major cryptocurrencies. Among them, stablecoins account for $17,850,000 distributed in USDC and USDT, and cryptocurrencies account for $60,255,000, including approximately 16,000 ETH diversified across multiple protocols. The investments include seed tokens, stocks, liquid tokens, and NFTs, totaling $73,262,382.
Zentry adopts four treasury strategies to unlock economic value:
1. Investing in self-development: By continuously improving and expanding Zentry’s core products, it enhances their economic value.
2. External investments: Strategically evaluating and selecting cutting-edge projects aligned with the long-term vision.
3. Ecosystem incentives: Driving rapid expansion of the Zentry ecosystem through strategic incentive measures.
4. Revenue growth: Creating annual revenue of at least $10 million through strategic staking of stablecoins, ETH, and token nodes.
Investing in self-development
Zentry continually enhances and expands its core products to ensure competitiveness and innovation in a constantly evolving market. By strengthening the economic value of its core products, Zentry can attract more users and partners and set new industry standards in the gaming and SocialFi fields.
External investments
Zentry strategically evaluates and selects cutting-edge projects that align with its long-term vision, such as Ronin, XAI, Memeland, monprotocol, and Apeiron. These investments not only enrich Zentry’s treasury but also provide additional growth opportunities and strategic advantages.
Ecosystem incentives
Zentry drives the rapid expansion of its ecosystem through various incentive measures. By rewarding user participation and contributions, Zentry can build a vibrant and interactive community, thereby promoting the platform’s continuous growth and development.
Revenue growth
Zentry creates significant annual revenue by strategically staking stablecoins, ETH, and token nodes. These revenues not only provide a stable source of funding for Zentry but also support its future development and expansion.
IV. Nexus Airdrop Campaign Introduction
Nexus is one of Zentry’s four core products and serves as the gateway to the Metagame Layer of Web3 culture. It is also a gamified layer based on social interaction. Nexus aims to reward social interactions by transforming them into immersive gaming experiences. Players can earn airdrop rewards by participating in Nexus’s airdrop campaign, including $ZENT tokens, game tokens, whitelist access, and more. Nexus encourages players to actively engage in the Zentry ecosystem and provides more opportunities for players to understand and use the Zentry platform.
The Nexus beta version of the airdrop campaign is currently live, and participation is simple. Players only need to complete designated tasks such as following Zentry’s social media accounts, participating in community discussions, and completing in-game tasks to receive airdrop rewards.
This airdrop campaign not only provides players with an opportunity to acquire free tokens but also further stimulates the development and growth of the Zentry ecosystem through increased player engagement and interaction. In the future, Zentry will continue to launch similar activities to attract more players to join the Zentry community and create a vibrant and innovative play-to-earn ecosystem.
Nexus official website and airdrop campaign: https://nexus.zentry.com/?invite=8V6NE1
V. Conclusion
With the support of this new strategic financing round and partnerships, Zentry is accelerating the construction of its Metagame Layer. By integrating Web2 and Web3 games, consumer brands, and ecosystems, Zentry will continue to lead the new era of gaming and SocialFi. Its robust treasury strategy, innovative game economy model, and extensive investment network provide a solid foundation and strong momentum for Zentry’s ongoing development.
Zentry is committed to creating a “game of games” that integrates gaming and SocialFi. Through continuous innovation and expansion, Zentry aims to drive the development and transformation of the entire industry. In the days to come, Zentry will continue to set new standards, enhance user experiences, and create more value for its community and investors.
