Global Brain has invested in Digital Entertainment Asset Pte. Ltd. (DEA), a Singapore-based global GameFi company, through its KDDI Open Innovation Fund III (KOIF III). DEA operates the GameFi platform "PlayMining" with a vision to shape a new culture and future economy through the power of entertainment and technology. Since its launch on May 26, 2020, the platform has grown to become a significant player, attracting over 2.7 million users from more than 100 countries worldwide as of July 2023. Remarkably, DEAPcoin is the first Play to Earn token to be circulated in Japan, and "PlayMining" stands as the world's pioneering Play to Earn token economy, taking the lead in the global GameFi domain. Global Brain is deeply impressed by DEA's well-balanced management team and their vision. Through this investment, Global Brain will collaborate with KDDI to provide comprehensive support to promote further GameFi's mass adoption and the societal implementation of Web3.0.

About DEA

Location: Singapore
Representatives: Naoto Yoshida / Kozo Yamada
Founded: August 2018
URL: https://dea.sg/

About KOIF III

Name: KDDI Open Innovation Fund III
General Partner: Global Brain Corporation
Fund Size: JPY 20 billion

About Global Brain

Location: Tokyo, Japan
Representative: Yasuhiko Yurimoto
Founded: January 1998
URL: https://globalbrains.com/

Global Brain has invested in Digital Entertainment Asset Pte. Ltd., a Singapore-based global GameFi company