? Venture Funding
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UK-based developer of a payment system for online games PlayerLands raised $264k in a venture round from its existing investor MEIF Proof of Concept & Early Stage Fund, part of the Midlands Engine Investment Fund (MEIF)
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New funding will allow the company to finally launch their platform, as well as hire new people for customer support
? Previous Round
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In July 2018, PlayerLands raised another $264k from MEIF Proof of Concept & Early Stage Fund
? Products
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PlayerLands develops a platform for digital marketplace, allowing players easily trade virtual goods for real money rather than cryptocurrencies
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The platform should make it easier for developers to monetise their product, as microtransactions became the norm over the past few years
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Its also provides a secure payment system for players to buy and sell digital items online
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The platform is already integrated with all major payment systems
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PlayerLands supports Minecraft, with Rust, CS:GO and Hytale being on the way
