The Venture Codex Logo

The Venture Codex

Yield Guild Games Southeast Asia

38/6 Tân Cảng Phường 25, Binh Thanh, Ho Chi Minh, Vietnam

Overview

YGG SEA is a Southeast Asia tech startup and gaming guild that operates as the first Yield Guild Games subDAO, focused on acquiring and managing NFTs used in the metaverse. Its core product is a play-to-earn guild that brings players together to participate and compete in blockchain games while providing scholarship and community support. Led by CEO and co-founder Evan Spytma, YGG SEA has been building its community of scholars since early 2022 and is a founding member of the Asia Blockchain Gaming Alliance. The company plans to expand developer and player resources in the region through partnerships and educational programs, particularly around games built on Solana. Financially, the article reports a $500,000 investment as part of an exclusive strategic agreement with Solana Ventures; no revenue or user figures are provided. YGG SEA aims to create a sustainable play-to-earn virtual economy for Southeast Asian players while helping studios deploy titles faster on the Solana blockchain. Yield Guild Games Southeast Asia (YGG SEA) is the first regionally-focused subDAO of Philippine-based Yield Guild Games and operates within the decentralized play-to-earn gaming sector. The unit is described as Philippines-based and affiliated with the broader YGG organization. YGG SEA announced it raised a total of $15 million across two funding rounds. The article does not disclose investors, financing instruments, or the use of proceeds. No operating metrics, past rounds, founding year, or detailed future plans were provided in the report. All details above are taken from the single provided article.

Total raised
$16M
Funding rounds
2
Latest round
Equity
Latest activity
Apr 2022

Industries

  • Blockchain
  • Ethereum
  • Gaming
  • Virtual World
Visit website

Recent funding

  1. Equity

    Apr 2022

    $1M

  2. Equity

    Dec 2021

    $15M

Team

  • Evan Spytma

    Co-Founder and Chief Executive Officer

    LinkedIn
  • Irene Umar

    Co-Founder and Indonesia Country Manager

    LinkedIn