We're sure you've heard about play-to-earn (P2E) games. I mean, who doesn't want to make some $$$ while having fun? But earning a ton of cash from them is a totally different story.

Meet the Philippines' BlockchainSpace. It helps P2E communities scale their guilds (aka, teams) and boost their performance. It just raised a $3.8M seed, led by Animoca Brands, Spartan Group and Infinity Ventures Crypto.

• It serves over 2,000 play-to-earn guilds and over 560,000 players.

A-list angels and advisors. The round included Axie Infinity's Aleksander Larsen and Jihoz, Yield Guild Games' Gabby Dizon, The Sandbox's Sebastian Borget and ex-Binance SEA Head Colin Goltra.

🧐 Why it matters

Guilds aren't casual gamer groups. If the football world has are professional teams with bosses, managers and players, the P2E gaming world has guilds.

Guilds are built to maximize profits in the game (join or start one for more $$$). But, if you're a guild owner or manager, you have to manage finances, oversee performance, pay (and train) gamers, expand your guild and more.

• In a sense, building and scaling your own guild is like running a company. It's not easy.
• Guilds are big and small. It could be a small guild run by your uncle, or it could have thousands of players like Yield Guild Games (who raised $4.6M this year) does.

💪🏼 Win with Blockchain Space

Player management. Automate cashouts to your guild members, easily track and onboard guild applicants and get data-driven insights for management.

Measure player performance. Now, you'll be able to track game accounts and get the stats on your guild. Plus, find out how they rank against industry standards and other guilds.

Guild financing. You can get credit to start and grow your own guilds and receive automated credit scoring and loan issuance.

• While P2E games sound like a dream come true, there is a high upfront cost to start playing (around $600 for Axie Infinity).

💥 What's next?

It's got new tools in the works, like its automated credit scoring and loans. By next year, it'll be allowing traditional finance and Decentralized Finance (DeFi) integrations through its Open Guild Marketplace and launching an ecosystem fund.