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Playground Labs

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Mission: We aim to construct robust and scalable infrastructure within web3 gaming ecosystems to support users and developers alike. These infrastructure protocols are designed to ultimately become DAOs, and are set to become fully decentralized over a period of years. We address issues around access to developer tooling, community participation, and sustainable tokenomics, which we view as the three critical pil...

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Alex Ledger
Head, Engineer
Nick Mertes
Head, Blockchain Developer
Dave Long
Head, Game Developer
Taylor Munck
Executive Assistant

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Other announcement

Playground Labs Launches Kapital DAO, a Web3 Gaming Guild-as-a-Service Protocol, with $7M in Funding

Playground Labs Launches Kapital DAO, a Web3 Gaming Guild-as-a-Service Protocol, with $7M in Funding

NEW YORK , April 20, 2022 /PRNewswire/ -- Playground Labs, a blockchain gaming development company, today announces the launch of the Kapital DAO guild and web3 gaming protocol. This project is designed to funnel billions of capital and players into the web3 gaming ecosystem by eliminating operational friction at every step of organizational gaming. The Kapital DAO enables two crucial web3 gaming features: it empowers anyone, including large investors and institutions, to scale play-to-earn gaming operations by simply delegating permissions trustlessly to any third party (e.g. a talented player) instead of manually performing laborious blockchain transactions individually; in addition, the Kapital DAO itself functions as a massive decentralized gaming guild, boasting over 50,000 members at launch with substantial funding and plans to onboard thousands more players over the coming months. Today's announcement comes as web3 gaming approaches a critical juncture, with hundreds of millions of dollars pouring into the nascent space but very few true scaling solutions available. The Kapital DAO specifically aims to partner with top-tier blue-chip games and establish early footholds through robust industry relationships to scale at the highest level of competition. The project's "guild-as-a-service" protocol has already garnered dozens of applicant guilds who will be activated within the coming weeks, with each specifically seeking to reduce their own operational overhead by utilizing the Kapital DAO's trustless delegation systems. Kapital DAO's internal monetization methods scale with player volume in the web3 gaming space, and the project is committed to bringing players, organizations, and institutions into the fold. "Innovation in web3 gaming is taking off at breakneck speed, and the Kapital DAO is uniquely positioned to provide an omnibus solution for investors and players alike who are looking to deploy assets or massively scale operations within the play to earn space." said Sam Peurifoy, CEO of Playground Labs. "The project's tech solution is live now and actively in the process of onboarding the first 100,000 players from participating guilds onto the platform". About the Kapital DAO The Kapital DAO aims to onboard the next billion players into web3 gaming through scalable and trustless operational infrastructure, as well as large scale internal asset deployment and eSports participation within key blue-chip gaming ecosystems. Through close industry partnerships, the Kapital DAO secures robust connections to key smart contracts and public data sources to provide guilds on its platform with a full suite of operational tooling to cover everything from analytics to payouts. For more information, visit www.kapital.gg. About Playground Labs Playground Labs brings digital productivity to life in the metaverse. By developing decentralized autonomous organizations (DAOs) and play-to-earn gaming products within the virtual world, Playground Labs builds next-generation infrastructure for the metaverse economy and enables everyone to generate real economic utility by playing the games they love. For more information, visit www.playgroundlabs.io. SOURCE Hivemind SOURCE: PRNewswire

Partnership announcement

The Drone Racing League and Hivemind's Playground Labs Partner to Launch First Play-to-Earn Crypto Sports Game on Algorand Blockchain

The Drone Racing League and Hivemind's Playground Labs Partner to Launch First Play-to-Earn Crypto Sports Game on Algorand Blockchain

NEW YORK, Jan. 5, 2022 /PRNewswire/ -- Drone racing is about to fly to the next frontier in sports. Today, Playground Labs, a play-to-earn (P2E) gaming affiliate of crypto-investment fund, Hivemind Capital Partners (Hivemind), and the Drone Racing League (DRL), the world's premier, professional drone racing property, announced a partnership to extend DRL's high-speed drone races beyond IRL and esports and into the metaverse. The companies will develop the first P2E sports competition on Algorand, the leading high-performance blockchain platform, where players will race DRL drones to earn cryptocurrency and non-fungible tokens (NFTs), which will transcend financial value from the digital sphere to reality. The DRL game achieves DRL's goal of leveraging Algorand's blockchain for their Digital Drone Racing series launch in the metaverse and marks Playground Lab's inaugural product, setting a trend for more sports P2E application-development in Web 3.0. "We're excited to unveil Playground Labs to build the infrastructure of the metaverse economy and to enable everyone to earn real economic utility by playing the games they love. The Drone Racing League is the most innovative, inclusive and high-tech sport, and DRL is made for the metaverse and the future global economy, where P2E games will create community, economic sustainability and authentic engagement for participants around the world," said Playground Labs CEO Sam Peurifoy. The global gaming, cryptocurrency and drone markets are worth over $2 trillion as the emerging global audience of young, technology-obsessed "Tech-setters," who love gaming, crypto, and immersive sports like DRL, continues to rise. "Our millions of fans love crypto, fintech and gaming, and we're thrilled to partner with Playground Labs to create our first play-to-earn drone racing game on Algorand's blockchain. Together, we will accelerate DRL's growth as the first omnichannel sports league, enabling our pilots and fans to race drones across the physical, the virtual, and the metaverse, which will be paramount for all sports leagues moving forward," said DRL President Rachel Jacobson. DRL has been blending the digital and the real and rewarding fans through multiple formats since its inception. The league transforms players into professional pilots through their annual SIM Tryouts esports tournament on the DRL SIM, a true-to-life drone racing simulator on PlayStation, Xbox, Steam and Epic Games, offers cash prizes to top racers in their Drone Racing Arcade mobile game, and is the first sport in the air that fans can legally bet on. DRL's first P2E game on the Algorand blockchain will unlock next generation fan experiences, create new cutting-edge brand integrations, and take DRL's "real-life video game" to a different dimension. "As a technology-powered sport, DRL continues to authentically innovate and create real use-cases on Alogrand's fast, scalable and decentralized blockchain platform. We're excited to create a new thrilling digital drone racing game with DRL and Playground Labs that will enable fans everywhere to own and monetize their drone racing experiences," said Algorand COO W. Sean Ford. The P2E gaming news comes as DRL gears up for their 2021-22 DRL Algorand World Championship Season finale tonight in Las Vegas at CES. The most competitive drone racing event, the DRL Vegas Championship Race Presented by T-Mobile, will feature the world's best drone pilots, a spectacular aerial course outside T-Mobile Arena, and a free outdoor concert from the Grammy Award winning rock band, Weezer. The DRL Vegas Championship Race Presented by T-Mobile will air on Saturday, February 5 and Sunday, February 20 at 1 pm EST on NBC and Twitter. Media Contact: Melanie Wallner DRL Associate VP, Communications Melanie@drl.io About Playground Labs Playground Labs brings digital productivity to life in the metaverse. By developing decentralized autonomous organizations (DAOs) and play-to-earn gaming products within the virtual world, Playground Labs builds next-generation infrastructure for the metaverse economy and enables everyone to generate real economic utility by playing the games they love. For more information, visit www.playgroundlabs.io. About Drone Racing League The Drone Racing League (DRL) is an innovative global sports, entertainment and technology property. The best drone pilots in the world fly in the league and millions of fans watch them race on NBC, NBCSN, and Twitter. With groundbreaking technology and immersive, high-speed races through virtual and live events, DRL is creating a new era of sports, combining both esports and real-life competition. Founded by Nicholas Horbaczewski in 2015, DRL is a privately held company headquartered in NYC. For more information, visit www.drl.io. To join the conversation, follow DRL on Facebook at facebook.com/thedroneracingleague, on Twitter @DroneRaceLeague, and on Instagram @thedroneracingleague. About Algorand Algorand is building the technology to power everything from the creator economy to the convergence of traditional and decentralized finance. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for anyone to transition into the new digital economy. The leading decentralized infrastructure of choice for visionary leaders across more than 1000 global organizations, Algorand is enabling the simple creation of next generation financial products, protocols and exchange of value. For more information, visit www.algorand.com. About Hivemind Hivemind Capital Partners ("Hivemind") is a crypto-focused investment firm dedicated to blockchain technologies, crypto companies and the digital assets ecosystem. Hivemind leverages a converging multi-strategy approach to create start-to-finish capital solutions for entrepreneurs, and provides category-leading infrastructure to institutionalize crypto investing. For more information, visit www.hivemindcapital.co. SOURCE Drone Racing League SOURCE: PRNewswire