Zentry, the Metagame Layer project in the gaming industry, has recently announced the completion of a new round of strategic financing. The project has formed strategic partnerships with leading investors Spartan Capital, LongHash Ventures, Synergis Capital, and DWF Labs. These well-known funds have joined the existing Zentry $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 the realization of Zentry’s vision.
In addition, several notable 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 a wide network and resources in Web2 and Web3 games, consumer brands, and ecosystems. This will accelerate Zentry’s 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 deeper into this field, we witness the emergence of a revolution in the gaming lifestyle. Games are transcending entertainment and igniting two important trends: firstly, games are becoming a part of everyday life; secondly, the physical and digital worlds are converging. Zentry’s continuous expansion and growth validate these trends.
“We are excited to support Jarindr and his dedicated team. They have successfully built a stable GuildFi user base through gamified social behavior during the bear market. We believe that with the team’s expertise in player behavior and a robust game catalog, Zentry’s Metagame Layer will drive the next generation of Web3 games 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 individual game economies and enters into a meta-economy that encompasses 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 effects of the Zentry community platform, it has the potential to become the dominant distribution source for 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 blockchain technology, we must purposefully build seamless onboarding and user experiences. Furthermore, mass adoption is not the work of one party but the collective effort of the entire crypto industry.
“Spartan remains bullish on Web3 gaming as we believe it is the most convenient way to achieve mass adoption of blockchain technology. 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 released for the first half of 2024, as of May 22, 2024, Zentry’s treasury balance has reached a total of $151,367,382, representing a growth of approximately 50% since the beginning of the year. The treasury consists of liquid reserves and investments, with liquid reserves totaling nearly $78,105,000, including stablecoins and major cryptocurrencies. Stablecoins amount to $17,850,000 distributed in USDC and USDT, while cryptocurrencies amount to $60,255,000, including approximately 16,000 ETH spread across multiple protocols. Investments include seed tokens, stocks, liquid tokens, and NFTs, totaling $73,262,382.
Zentry employs four key engines in its treasury strategy to unlock economic value:
1. Invest in self-development: By continuously improving and expanding Zentry’s core products, its economic value is enhanced.
2. External investments: Strategically evaluate and select cutting-edge projects aligned with the long-term vision.
3. Ecosystem incentives: Drive rapid expansion of the Zentry ecosystem through strategic incentive measures.
4. Revenue growth: Generate at least $10 million in annual revenue through strategic staking of stablecoins, ETH, and token nodes.
Invest in self-development: Zentry continuously 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 more growth opportunities and strategic advantages.
Ecosystem incentives: Zentry drives the rapid expansion of its ecosystem through various incentive measures. By rewarding user participation and contribution, Zentry can build a vibrant and interactive community, thereby promoting the platform’s continuous growth and development.
Revenue growth: Zentry creates substantial annual revenue through strategic staking of 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 Activity Introduction
Nexus is one of Zentry’s four core products and serves as the entry point for the Metagame Layer of Web3 culture. It is also a gamified layer based on social interaction. Nexus aims to reward social interactions and transform them into immersive gaming experiences. By participating in Nexus’ airdrop activity, players can receive airdrop rewards, including $ZENT, 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 activity is now live and participation is simple. Players only need to complete specified tasks, such as following Zentry’s social media accounts, participating in community discussions, and completing in-game tasks to receive airdrop rewards.
This airdrop activity not only provides players with an opportunity to obtain free tokens but also further promotes 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 activity: https://nexus.zentry.com/?invite=8V6NE1
V. Conclusion
With the support of this new round of strategic financing 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 continued development.
Zentry is committed to creating a “game of games” that integrates gaming and SocialFi and, through continuous innovation and expansion, drives 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.
