BreederDAO builds digital assets at scale for play-to-earn blockchain games and virtual worlds, producing NFTs for titles including Axie Infinity, Crabada, and Pegaxy. The 23-person, Philippines-based team sells NFTs at preset prices to customers such as Yield Guild Games, Ready Player DAO, and Earn Guild; YGG also owns a stake in the company. BreederDAO aims to work with 5,000 play-to-earn groups by 2025 and positions itself as a specialist in the asset-production part of the game supply chain. Demand context cited by investors notes Axie Infinity’s nearly 3 million daily active users and that guilds attracted $532 million in funding last year, indicating room for growth. Financially, BreederDAO closed a $10 million Series A via a token sale co-led by a16z and Delphi Digital, with participation from Hashed, com2us, Morningstar Ventures, Mechanism Capital, Sfermion, The LAO, Emfarsis and others. Investors funded the company ahead of a public token launch; syndicate participants will receive tokens proportional to their investment when the offering occurs.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2022