Kadia Ventures invest in Rage.Fan to head to new heights in the DeFi fantasy sport market

Kardia Ventures, the investment arm of KardiaChain — the leading blockchain network in Vietnam, has made a strategic investment in Rage.Fan, a leading fantasy sport and game platform to expand its ecosystem, technology, and user base in Rage.Fan’s strategic markets (India, Europe, and others).

Throughout 2020, DeFi became the most trending topic in the crypto ecosystem and is a critical element instrumental to the recent bull run that has elevated bitcoin to its new all-time high. With the increased adoption of DeFi, this new crypto trend has paved the way for other sectors in the space.

One of the DeFi segments that has started recently yet appealed greatly to users worldwide is fantasy sport and gamified applications. Underpinned by blockchain technology, Rage.Fan will systematically solve the different issues faced by players, such as:

• Eliminating high entry, rake, and withdrawal fees
• Making operations completely transparent
• Increasing the fan influence on the in-game decision making

With a healthy growth of E-Sport and Gaming markets in Vietnam (40% per annum), the strategic investment in Rage.Fan is paving the way for Kardia Ventures and its parent company KardiaChain to collaborate with management to expand its product usage to the Vietnamese and Southeast Asia markets. Furthermore, this strategic collaboration enables Kardia technology to bolster its user base in Rage.Fan’s strategic markets such as India, Europe, and others. This opportunity also bonds our technical teams to explore potential synergies to integrate Rage.Fan dApp onto our protocol to unleash more benefits for Kai Membership users as well as unlocking growth with expansion revenue for Rage.Fan

To learn more about Rage.Fan, please visit: Rage.Fan