GAM3S.GG, has closed a $2 million seed funding round. You may know GAM3S.GG was Polkastarter Gaming before they rebranded. Mechanism Capital led this funding round.
They managed to onboard other VCs and angel investors. This allows the gaming super app to scale and grow. So, let’s take a closer look at what this Web3 GAM3S.GG gaming super-app is all about.
We're thrilled to announce we’ve successfully secured $2M in seed funding! 💚
We aim to continue our evolution as your home of web3 gaming with exciting upcoming features, and being your trusted compass in this new gaming frontier. pic.twitter.com/JpQ7QTdC2W
— GAM3S.GG (@GAM3Sgg_) September 7, 2023
What is the $2 Million Seed Round for GAM3S.GG all About?
GAM3S.GG is a Web3 gaming superapp. Their goal is to be a one-stop shop for Web3 gaming. They want to onboard the next couple of millions of blockchain gamers. Their way of achieving this is by providing:
- Highlighting top games and showcase reviews.
- Guides and news.
- Annual awards.
They plan to curate and create content to achieve this for their superapp. This should make them the most popular and desired bookmark on every gamer’s device. Investors and partners already dubbed the superapp the “IGN for web3”. This $2 million seed round happened at the same time as the platforms’ rebrand. This aligns with their new vision.
The home of web3 gaming just levelled up. New look, same great platform 🎮
Allow us to reintroduce ourselves👇 pic.twitter.com/venyaym1s8
— GAM3S.GG (@GAM3Sgg_) September 7, 2023
Among the investors, were some big names, for instance:
- Double Peak.
- ArkStream Capital.
- LD Capital.
- ROK Capital.
- Emurgo Ventures.
- Eden Ventures.
- MixMarvel DAO Venture, and more.
This round also saw various Web3 gaming angel investors join the ranks. See the picture below.
Source: GAM3S.GG News
Currently, the platform offers curated web3 gaming content. It already lists well over 200 games on 15 different chains. This accounts for over 60,000+ registered gamers. This puts GAM3S.GG is in pole position for being the biggest hub for Web3 gamers.
Since its launch in November 2022, more gaming industry giants have tested the waters of Web3 gaming. For example, Zynga with Sugartown. Or how about Ubisoft with Champions Tactics: Grimoria Chronicles? They both worked on web3-native games. As we see more new gamers enter the blockchain gaming space, an aggregator like GAM3S.GG also grows.
Sentiment Towards Web3 Gaming Is Shifting
With this shift in sentiment, GAM3S.GG can keep building a hub for newcomers and natives. This allows them to find out about new frontiers and experiences. All within this one Web3 gaming super-app by GAM3S.GG.
Omar Ghanem, Co-Founder & CEO at GAM3S.GG. said: “The gaming industry is at a crossroads. While web3 offers new exciting possibilities, the lack of quality content and a singular destination for all your web3 gaming needs has left many gamers lost.”
Ken, Partner at Mechanism Capital said: “Web3 games are a uniquely difficult product to build, let alone the infrastructure surrounding and enabling it. This holds especially true for gaming hubs and aggregators. Finding the win will require teams to take us past the feature sets we have been stuck with for years. And the ability to understand incumbent playbooks and evolve them with aggressive experimentation. We see that here with this squad – now it’s just a matter of time for players to make their way to GAM3S.GG.”
In December 2022, the platform hosted the first and largest web3 game award show. This was the GAM3 Awards. So, no less than 250,000+ votes and 140,000 unique viewers tuned into this streamed event. Now the platform is using cutting-edge tech to keep building advanced features. This should drop barriers to onboard blockchain games. Furthermore, this includes, among others:
- Social logins.
- Player-owned item management.
- Progression rewards.
- Retrospective in-game progress tracking.
- Any play web3 games on the platform.
Renting web3 gaming NFTs has never been easier or faster than with @LootRushGames and we even have the clip to prove it🤩
Sign up & rent an NFT (for FREE) on LootRush to win a raffle ticket up to $2,000 USD 💰
— GAM3S.GG (@GAM3Sgg_) September 4, 2023
We looked at GAM3S.GG and its $2 million seed round. The platform is only at the beginning of its journey. Furthermore, the blockchain gaming industry is still in its infancy. This allows GAM3S.GG is a gateway for all gamers to enjoy Web3 games to their maximum potential with all the content they need.
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