According to the company, the funding will support global expansion, technical upgrades, crypto payments, stablecoin withdrawals, and team growth after achieving 500% annual user growth.
Slips, a social peer-to-peer gaming platform, announced it raised $3.5 million in a seed round led by Las Olas Capital and Sunset Bay Capital, with participation from Andrew Schwartzberg. The company reported a 500% annual growth rate and plans to use the funds for technology enhancements, team expansion, user growth initiatives, the introduction of cryptocurrency payment options, stablecoin withdrawal capabilities, and global market expansion.