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SKYPlay
Blockchain P2E platform for games and lifestyle content
About SKYPlay
SKYPlay is a blockchain-based Play-to-Earn (P2E) and NFT entertainment platform headquartered in Seoul, South Korea. The company was established in July 2021 and also has a base in Singapore. Richard Chang serves as the Chief Executive Officer.
The platform offers a marketplace for users to engage with a variety of content, starting with P2E games and expanding to include sports, art, and virtual reality concerts. Users can mine, create, and trade digital assets as NFTs. The ecosystem is powered by the SKP token, which functions as a utility and governance token, allowing users to purchase items, trade NFTs, and participate in the platform's governance. The business model focuses on creating a self-sustaining cycle of engagement and reward, where revenue is generated from transactions within its secure NFT marketplace and other platform services.
SKYPlay launched its platform and the game CoinGrid into beta in September 2022. In July 2023, the company secured a significant $10 million Series A funding round from LDA Capital to further develop its gaming platform. The company has formed strategic partnerships to enhance its offerings, including a collaboration with MetaQ to develop blockchain solutions like the 'Chain Tracker Pro' for token and NFT management, and a business agreement with 3D Factory to merge Web3 capabilities in gaming, art, and sports. SKYPlay has also engaged with the U.S.-based Web3 community BitBasel.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Jul 2023 | $10M | $40M | LDA Capital | ↗ |
Growth signals
Latest recorded traffic for SKYPlay is 7.3K monthly website visits, down 61.6% over the last three months. SKYPlay's team grew 0% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
LDA Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SKYPlay on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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