P2E gaming platform Arcade2Earn completed US$4.8 million in financing, led by Crypto.com Capital, with participation from Solana Ventures, Shima Capital, KuCoin Labs and GSR.
Arcade2Earn co-founder and CEO Josh Poole said that this financing was achieved through a simple agreement for future tokens. Arcade2Earn will also open a public sale for the ARC token on Ethereum, starting on February 27 and continuing 72 hours. According to Poole, Arcade2Earn is not planning any more public sales in the future, and “other tokens will be distributed through some community incentive programs.” (The Block)