[ad_1]
TPG Telecom and Avocado Guild, a blockchain gaming company focused on the game earning (P2E) model, have joined forces to allow customers to exchange their AVO DAO tokens for mobile data points. AVO DAO is the native digital currency of Avocado Guild. It will be used to motivate players to spend time and energy when playing blockchain games.
Commenting on the new partnership, Brendan Wong, CEO and co-founder of Avocado Guild, stated that the partnership helps Avocado Guild’s overall vision “enrich the lives of our scholars by allowing them to exchange tokens to access the Internet. “.
TPG Telecom CEO Richard Tan stated that the cooperation with Avocado Guild enables TPG Telecom to take a long-term approach to participate in the blockchain digital economy. According to the announcement, TPG Telecom and Avocado Guild will also launch a pilot project that uses Avocado DAO and involves PSP Soteria Ventures (PSV) and QCP Capital.
related: Binance partners with Indonesian telecom company to develop new cryptocurrency exchange
The new collaboration came after Avocado Guild raised US$18 million in Series A funding to help it develop its gaming services. The company will invest cash to expand its technical knowledge and transition to the decentralized autonomous organization Avocado DAO.
Avocado Guild is a blockchain gaming association that highlights the game earning (P2E) business model. In this system, gamers profit from playing games, rather than through the traditional microtransactions seen in most mobile and PC games. Players will be rewarded with digital assets with real-world value. These assets can be used to purchase in-game items or trade on the secondary market in exchange for cash.
[ad_2]
Source link