The $2 million seed funding spherical for GAM3S.GG, beforehand generally known as Polkastarter Gaming, has been concluded. Mechanism Capital served because the spherical’s lead investor, whereas a number of outstanding angel and enterprise capitalists additionally contributed.
The undertaking is rebranded to replicate its new imaginative and prescient at the side of the seed spherical fundraising. Along with plenty of angel buyers within the web3 gaming trade, the complete listing of buyers additionally consists of Polygon, Double Peak, ArkStream Capital, LD Capital, ROK Capital, Hyperithm, Snackclub, Emurgo Ventures, Eden Ventures, MixMarvel DAO Venture, 4SV, CommonWealth Capital, Venly Ventures, TKX Capital, SkyVision Capital, Compute Ventures, and MarketAcross.
By buyers and companions, the GAM3S.GG gaming superapp has been nicknamed the “IGN for web3” and can use the capital to develop and develop. With over 60,000 registered customers, 200+ video games listed in 15 chains, and chosen web3 gaming materials, the portal has established itself as the biggest group for web3 players since its November 2022 debut.
“Web3 video games are a uniquely tough product to construct, not to mention the infrastructure surrounding and enabling it. This holds very true for gaming hubs and aggregators.” stated Ken, Partner at Mechanism Capital. “Finding the win would require groups to take us previous the function units we have now been caught with for years, and the flexibility to know incumbent playbooks and evolve them with aggressive experimentation. We see that right here with this squad – now it’s only a matter of time for gamers to make their solution to GAM3S.GG.” added Ken.
The yr 2023 has seen extra gaming trade heavyweights discover the web3 gaming waters, with titles like Sugartown and Champions Tactics: Grimoria Chronicles from Zynga and Ubisoft, respectively. The want for an aggregator like GAM3S.GG is rising every day as extra gamers be part of the market. Additionally, the notion of web3 gaming is altering, and GAM3S.GG is creating the hub to let each natives and newcomers alike uncover new territories and experiences inside a single web3 gaming superapp.
“The gaming trade is at a crossroads; whereas web3 gives new thrilling prospects, the shortage of high quality content material and a singular vacation spot for all of your web3 gaming wants has left many players misplaced,” stated Omar Ghanem, Co-Founder & CEO at GAM3S.GG.
Since its launch, GAM3S.GG has seen hundreds of registered gamers peruse its assortment of handpicked materials centered on next-generation web3 video games. The platform hosted the primary and largest web3 recreation awards presentation, the GAM3 Awards, in December of final yr. Over 250,000 votes had been solid, and 140,000 completely different individuals tuned in to look at the streamed occasion. The platform now hopes to maintain creating cutting-edge options, akin to social logins, player-owned merchandise administration, development prizes, retrospective in-game progress monitoring, in addition to enjoying web3 video games straight on the platform, to decrease obstacles to entry for blockchain video games.
“Traditional gaming has its IGN and Kotaku, but the trade isn’t prepared for the change that blockchain-powered titles current; and if we look forward to them to step in, we’d lose potential early adopters and precious progress — and that’s why GAM3S.GG was born,” added Ghanem. “We’re not simply curating; we’re spotlighting the highest video games, setting the gold normal, and permitting players to have interaction with video games in unprecedented methods as we goal to change into the definitive dwelling of web3 gaming.”
The workforce’s objective for GAM3S.GG is to facilitate web3 gaming attain 100 million customers via its platform and choices and to maintain creating because the go-to useful resource for gamers taken with exploring the potential of blockchain-powered video games. This can be completed via upcoming options that may try to fulfill all the web3 gaming necessities beneath one roof.
“There’s immense worth in platforms that curate and information, notably at early levels in new niches, and whereas we’ve seen loads of platforms & aggregators rise through the years, GAM3S.GG stands out as a beacon of innovation in web3 gaming,” stated Shreyansh Singh, Head of Investments at Polygon. “We’ve labored carefully with the workforce over the previous 18 months and investing in them isn’t nearly backing a platform; it’s about championing a imaginative and prescient the place web3 gaming is accessible, high quality video games rise above the noise, and the place players have a trusted compass on this new frontier.”
The GAM3S.GG motion is just getting began, and the trade remains to be younger. As extra well-known manufacturers be part of the blockchain gaming market, the platform will act as some extent of entry for all gamers to utilize web3 video games to the fullest with all of the sources they want.