Binance Smart Chain (BSC), the leading DeFi, NFT and GameFi ecosystem, announced that it has invested in NFT gaming company Crypto Gaming United (CGU) as part of its $1 billion growth fund. After the news, the metaverse coin CGU price exploded by 60%. The project aims to employ 1 million people through the play-to-win platform by 2024. Here are the details…
Binance announced a $1 million metaverse coin investment!
CGU is to build a global community of gamers who play NFT-based online video games to earn in-game rewards. CGU has enrolled more than 100,000 community members in 30 countries, and more than 5,800 of them “scholars” earn income through scholarships. The project also aims to employ 1 million people through the play-to-win platform by 2024 and facilitate NFT token cash outflows in countries most affected by the pandemic and youth unemployment. Sergei Sergienko, co-founder of CGU, gave the following statements about the project:
We are a category creator for metaverse employment, developing infrastructure for crypto career workforce management through our LaborX marketplace, which underpins the technology that supports the CGU play-to-win ecosystem.
Augmented reality, virtual reality, NFT, crypto, gaming, auction, and social media, among others. Play to win is booming in popularity as a profession among the world’s 200 million job seekers, and CGU supports academics in countries that represent 60% of this population. The company is confident that it is on track to employ an estimated 1 million people as more win-win gaming platforms join the alliance, with investment from the BSC $1 Million Program strengthening its international reach.
cryptocoin.com To date, BSC has supported more than 300 Blockchain projects through its Growth Fund, one of the largest and fastest accelerator programs in the world, and plans to incubate and accelerate more than 500 startups in the coming months. The investment in CGU is in line with BSC’s vision to increase crypto-Blockchain mass adoption globally by supporting emerging industries and projects built on it.
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