BLOCKSMITH&Co., Ltd.
Web3 company BLOCKSMITH&Co. raises angel round (2nd close)
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BLOCKSMITH & Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Tetsuya Sanada, hereinafter referred to as “BLOCKSMITH”) has received a SAFE-type investment from MZ Web3 Fund, SAKURA UNITED PLATFORM, etc. as an angel round (2nd close and ongoing). We would like to inform you that we have raised funds through the issuance of stock acquisition rights.
Funding background
Until now, parent company KLab Co., Ltd. and founder and president Tetsuya Sanada owned 100% of the capital, but this angel round marks the first time that the company has received capital from an outsider. BLOCKSMITH is aiming to list its shares, which is unusual for a Web3-related company, and this funding is part of strengthening its capital structure and finances in preparation for listing. The funds raised will be used for product development, research and development, etc.
BLOCKSMITH has accumulated experience in blockchain-related
development and operation, including providing “Captain Tsubasa – Rivals” to Thirdverse (currently MintTown) in January 2023. In addition to developing blockchain games, we are also focusing on the development of related technologies, such as establishing AI Labo in April 2023 and announcing a business partnership regarding “facial recognition Web3 wallet” in September 2023. I’m putting it in. Companies participating in 2nd close
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MZ Web3 Fund
SAKURA UNITED PLATFORM
others
(Reference) Companies participating in 1st close
SBI Group
Headline Asia
Governance Partners Co., Ltd.
J-CAM Co., Ltd.
others
*In no particular order/titles omitted
Comments from participating companies
-MZ Web3 fund General Partner Mr. Hiroki Kanayama-
“BLOCKSMITH & Co., led by founder Mr. Sanada, has sufficient knowledge and experience in social games, and is well versed in the game market. We are designing sustainable tokenomics based on what we have learned from other Web3 games. We believe that games that combine simple and timeless games with advertising business can become a platform that attracts many users regardless of genre. ”
-SAKURA UNITED PLATFORM PTE.LTD. CEO Hitoshi Sashida- “We are very pleased to have been able to invest in the second round of BLOCKSMITH & Co.
We were attracted to the company’s short video quiz service, and our strong expectations and trust in the product’s development and distribution are behind our decision to invest.
Through this investment, we hope to work with BLOCKSMITH & Co to co-create an exciting future for web3. ”
About the quiz video SNS “QAQA”
“QAQA” is a user-submitted platform where you can collect quizzes and answer correctly to collect in-game currency “Chips” and exchange the accumulated “Chips” for the crypto asset “BLQS”. This is a vertical short video quiz app (UGC).
[Video 2: https://prtimes.jp/api/movieim.php?url=www.youtube.com/watch?v=SHagVCniK3Y] We are currently releasing an alpha version for pre-play applicants, where you can experience only some functions, such as quiz questions and answers. We will gradually add various event functions to make quizzes more exciting, NFT and crypto assets “BLQS”, “facial recognition Web3 wallet”, etc.
-Official link collection-
QAQA official website: http://qaqa.io
Advance play application form: https://www.qaqa.io/testerform LINE: https://lin.ee/2r3jdvZ
X (old Twitter: Japanese): https://twitter.com/qaqa_jp
X (old Twitter: English): https://twitter.com/qaqa_en
TikTok: https://www.tiktok.com/@qaqa_channel
Instagram: https://www.instagram.com/qaqa_channel/
Discord: https://discord.gg/GgJvcHE3cf
≪About BLOCKSMITH&Co.≫
Company name: BLOCKSMITH & Co., Ltd. Representative: Tetsuya Sanada, President and CEO Establishment: April 1, 2022 Capital: 14,999,950 yen Head office location: 6-10 Roppongi, Minato-ku, Tokyo 106-6122 -1 Roppongi Hills Mori Tower Business details: Development and
distribution of products that utilize blockchain technology, crypto assets, and NFTs URL: https://www.blocksmithand.co.jp/
*The listed company names, product names, and service names are trademarks or registered trademarks of each company.
[SNS]
Linkedin: https://www.linkedin.com/company/blocksmithandco/
X: https://twitter.com/BLOCKSMITH_JP
More details about this release:
https://prtimes.jp/main/html/rd/p/000000028.000107403.html