BORANETWORK Launches Gamer Community Alliance

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BORANETWORK, a METABORA sub­sidiary, has estab­lished BORA Alliance, a glob­al col­lab­o­ra­tive for the gam­ing com­mu­ni­ty. With the help of promis­ing inter­na­tion­al gam­ing guilds and com­mu­ni­ties, the plat­form hopes to lever­age the coop­er­a­tive to spread the BORA ecosys­tem glob­al­ly. The first com­pa­nies to join the alliance are Ancient8 and GuildFi.

With the launch of the coop­er­a­tive, BORANETWORK hopes to enhance the num­ber of points of inter­ac­tion between its users and the on-board games on BORA by employ­ing a vari­ety of col­lab­o­ra­tive mar­ket­ing and adver­tis­ing efforts. Addi­tion­al­ly, the coop­er­a­tive intends to aid in the devel­op­ment of the blockchain gam­ing busi­ness by reg­u­lar­ly engag­ing a wide range of promis­ing part­ners, there­by increas­ing inter­ac­tions with key communities.

Why BORANETWORK went for Ancient8 and GuildFi

BORANETWORK has made a strate­gic move by form­ing part­ner­ships with Guild­Fi and Ancient8. It aims to lever­age the two com­pa­nies’ strong­hold in the Asia and Pacif­ic regions to pro­mote growth. To date, Guild­Fi has amassed over 280,000 mem­bers, mak­ing it the largest blockchain gam­ing guild in the Asia-Pacif­ic region. They lever­age web 3.0 tech­nolo­gies for com­mu­ni­ty man­age­ment and work with major investors like Defi­ance Cap­i­tal, Coin­base, and Binance.

Mean­while, Ancient8 is work­ing on GameFi’s infra­struc­ture, pri­mar­i­ly focus­ing on the soft­ware and the com­mu­ni­ty. Cur­rent­ly, the com­pa­ny over­sees the oper­a­tions of the most promi­nent blockchain gam­ing guild in Viet­nam. Its main mis­sion is to expand people’s access to social and eco­nom­ic oppor­tu­ni­ties with­in the Meta­verse. Also, the plat­form deliv­ers blockchain-based soft­ware, guild schol­ar­ship, blockchain edu­ca­tion, high-qual­i­ty aca­d­e­m­ic research, and a vibrant community.

BNB Chain’s $1 bil­lion Growth Fund has invest­ed in Guild­Fi, speed­ing up the company’s efforts to real­ize its long-term goal of cre­at­ing a Web3 ecosys­tem that brings togeth­er a wide vari­ety of game plat­forms, NFTs, and com­mu­ni­ties. Con­verse­ly, Ancient8 has amassed a $10-mil­lion-dol­lar fund­ing round from indus­try heavy­weights like Pan­tera, Drag­on­fly, Hashed, Ani­mo­ca, Mech­a­nism, Coin­base, and Alameda.

Since gam­ing guilds car­ry a lot of weight in the indus­try, BORANETWORKS’ col­lab­o­ra­tion with the two plat­forms gives it a sol­id foun­da­tion on which to pro­mote its games. In addi­tion, the gam­ing indus­try has shown remark­able resilience in the face of a pro­longed mar­ket slump that has now last­ed for more than eight months. Thanks to P2E and M2E, the gam­ing indus­try now accounts for more than half of all blockchain usage.



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