GAM3S.GG Raises $2M Seed Round Led by Mechanism Capital to Grow Web3 Gaming Superapp
GAM3S.GG, previously Polkastarter Gaming, has closed a $2 million seed funding spherical, led by Mechanism Capital with the participation of different main enterprise and angel traders.
The seed spherical fundraise coincides with a rebrand of the venture to align with its new imaginative and prescient. The total record of traders additionally contains Polygon, Double Peak, ArkStream Capital, LD Capital, ROK Capital, Hyperithm, Snackclub, Emurgo Ventures, Eden Ventures, MixMarvel DAO Enterprise, 4SV, CommonWealth Capital, Venly Ventures, TKX Capital, SkyVision Capital, Compute Ventures and MarketAcross, in addition to a number of angel traders within the web3 gaming area.
The increase will serve to scale and develop the GAM3S.GG gaming superapp — dubbed the “IGN for web3” by traders and companions. The platform at present presents curated web3 gaming content material, with 200+ video games listed throughout 15 chains, and over 60,000+ registered players, positioning itself as the most important hub for web3 players since its launch in November 2022.
“Web3 video games are a uniquely troublesome product to construct, not to mention the infrastructure surrounding and enabling it. This holds very true for gaming hubs and aggregators.” mentioned Ken, Accomplice at Mechanism Capital. “Discovering the win would require groups to take us previous the characteristic units we’ve got been caught with for years, and the power to grasp 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 method to GAM3S.GG.” added Ken.
All through 2023, we’ve got seen extra gaming trade giants take a look at the waters of web3 gaming, with the likes of Zynga and Ubisoft engaged on web3-native video games, Sugartown and Champions Ways: Grimoria Chronicles respectively. With new players getting into the area, the need for an aggregator like GAM3S.GG is rising by the day. Furthermore, players’ sentiment in the direction of web3 gaming is shifting, and GAM3S.GG is constructing the hub to allow newcomers and natives alike to discover new frontiers and experiences inside one single web3 gaming superapp.
“The gaming trade is at a crossroads; whereas web3 presents new thrilling potentialities, the shortage of high quality content material and a singular vacation spot for all of your web3 gaming wants has left many players misplaced,” mentioned Omar Ghanem, Co-Founder & CEO at GAM3S.GG.
GAM3S.GG has seen 1000’s of registered players exploring its number of curated content material targeted on next-gen web3 video games since its inception. Final December, the platform hosted the primary and largest web3 sport award present – the GAM3 Awards, which noticed over 250,000 votes and 140,000 distinctive viewers tune into the streamed occasion. Now, the platform goals to proceed constructing superior options to eradicate obstacles to entry for blockchain video games, together with social logins, player-owned merchandise administration, development rewards, retrospective in-game progress monitoring, in addition to instantly enjoying web3 video games on the platform.
“Conventional 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 commonplace, and permitting players to interact with video games in unprecedented methods as we purpose to turn into the definitive residence of web3 gaming.”
The staff’s mission for GAM3S.GG is to assist web3 gaming attain 100 million customers via its platform and content material, and proceed its evolution because the trusted gateway for players seeking to discover the chances of blockchain-powered video games via upcoming options that purpose to carry all of your web3 gaming wants below one roof.
“There’s immense worth in platforms that curate and information, significantly 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,” mentioned Shreyansh Singh, Head of Investments at Polygon. “We’ve labored intently with the staff 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.”
That is solely the start of the GAM3S.GG journey, and the trade continues to be in its infancy. With a number of family names getting into the blockchain gaming world extra typically, the platform will function the gateway for all players to get pleasure from web3 video games to their most potential with all of the content material they want.
About GAM3S.GG
GAM3S.GG is a web3 gaming superapp that curates and creates content material to highlight the highest video games and showcases evaluations, guides, information, quests, annual awards, and extra. Its imaginative and prescient is to turn into the one-stop-shop for web3 gaming to assist onboard tens of millions of players, permitting them to interact with blockchain powered video games in unprecedented methods, and changing into the last word bookmark on each gamer’s gadget.
