Eesee receives strategic investment from and partners with Animoca Brands
20 March 2024 – Eesee, the UAE-based startup that allows users to place tiny bids on high value assets such as cryptocurrencies, NFTs and real-world assets, today announced it has received an investment from and partnered with Animoca Brands. As part of the partnership, Animoca Brands will provide its industry expertise and connections to Eesee, bolstering Eesee's goal to enhance the efficiency and experience of digital asset trading within the Web3 environment.
Eesee is a next-gen platform that offers gamified digital assets trading with a sense of community by allowing users to be a part of a larger and more dynamic digital world. With over 1.6 million wallets already on its testnet, Eesee has more than tripled its user base and volume since the start of 2024, and 31% of Eesee users engage in more than 10 transactions per day.
The partnership with Animoca Brands will advance Eesee’s mission to become a one-stop liquidity solution for sellers. With a growing community and over 2,000 tickets bought per day on the Eesee platform, the partnership with Animoca Brands will allow Eesee to reach a wider audience and strengthen its connections within the Web3 ecosystem through Animoca Brands’ portfolio of over 400 Web3 companies and projects.
Eesee previously raised over US$3 million in funding rounds from SevenX Ventures, Maven Capital, and Momentum 6, as well as through high-profile crypto influencers such as Ivan on Tech, Pentoshi Gmoney, and others.
Yat Siu, the co-founder and executive chairman of Animoca Brands, commented, “We’re excited about investing into Eesee and entering into a partnership that aligns strongly with the vision shared by both of our companies to bridge real-world assets into the Web3 landscape. We look forward to the progress and success of Eesee as the platform continues to grow and evolve.”
Vova Sadkov, founder and CEO of Eesee, commented: “If it wasn’t amazing enough to see the Eesee journey so far, having Animoca Brands – one of the most important companies in the industry – not only as an investor but also a partner is the cherry on top. We’re thrilled to work closely with the team at Animoca Brands. It will bring tremendous value to our ecosystem.”
Eesee aims to provide the main features of the models of major auction platforms (e.g. eBay) and NFT marketplaces (e.g. Blur) with a twist, allowing users to place small bids on high value real life items as well as Bitcoin and other cryptocurrencies. The rest of the bids are converted into funds that are staked on the Eesee platform, and can offer a potential return for all bidders.
Eesee plans to launch later in 2024 on Blast, a layer 2 mainnet with native yield built on top of Ethereum, and which recently made headlines when its launch unlocked $2.3 billion of staked crypto for the first time.
About Eesee
Eesee is a gamified marketplace and a liquidity solution that accelerates sales, provides additional trading volume and lowers costs barriers to enter Web3 markets for founders and their products. Eesee is tailored for digital assets, tokens and real world assets. For more information visit https://twitter.com/eesee_io or follow on X (Twitter) and Instragm, join Eesee’s Discord server, and subscribe to its Telegram channel.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help to establish the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the worlds of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, SPORTPASS, PIXELYNX, WePlay Media, Gryfyn, and Azarus. Animoca Brands is one of the most active investors in Web3, with a portfolio of over 400 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and many more. For more information visit www.animocabrands.com or follow on X (Twitter), YouTube, Instagram, LinkedIn, Facebook, and TikTok.
Contacts
DVerse on behalf of Eesee: press@dverse.xyz
Animoca Brands: press@animocabrands.com