Polkastarter rebrands to GAM3S.GG after profitable $2M funding spherical

0
50


GAM3S.GG, previously often called Polkastarter Gaming, lately concluded a $2 million seed funding spherical led by Mechanism Capital and took part by a number of high-profile enterprise and angel traders, in line with a press launch seen by CryptoSlate.

GAM3S.GG goals to be the “IGN for web3,” and the funds raised might be utilized to scale and develop the platform that at present hosts over 200+ video games throughout 15 chains. Garnering over 60,000+ registered players since its November 2022 launch, the platform has carved a distinct segment for itself as a hub for web3 players.

Mechanism Capital associate Ken burdened the complexity of constructing web3 video games and the infrastructure surrounding them, notably for gaming hubs and aggregators, highlighting the significance of supporting platforms like GAM3S.GG.

Omar Ghanem, Co-Founder & CEO at GAM3S.GG, mentioned that whereas web3 supplied thrilling prospects, the absence of high quality content material and a one-stop vacation spot for web3 gaming wants had left many players at a loss. His assertion displays the historic context of web3 gaming, which noticed a play-to-earn craze in 2021 and 2022, as CryptoSlate reported on the time. Nevertheless, the main target shifted to offering high-quality gameplay over enjoying to earn, a sentiment echoed by Ghanem and Daniel Stockhaus, one other co-founder of Polkastarter.

The shift in focus is validated by the platform’s curated content material and its plans to construct superior options to make blockchain video games extra accessible. In December, GAM3S.GG hosted the primary and largest web3 sport award present – the GAM3 Awards, and now goals to introduce options like social logins, player-owned merchandise administration, and retrospective in-game progress monitoring. The objective is to allow the direct enjoying of web3 video games on the platform.

With established gaming corporations like Zynga and Ubisoft venturing into web3 gaming, the necessity for an aggregator like GAM3S.GG is escalating. “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 intention to turn out to be the definitive residence of web3 gaming,” added Ghanem.

Shreyansh Singh, Head of Investments at Polygon, praised GAM3S.GG for being a beacon of innovation in web3 gaming. Polygon, together with different traders like Double Peak, ArkStream Capital, and LD Capital, sees the platform as an accessible imaginative and prescient of web3, the place high quality video games rise above the noise.

About GAM3S.GG

GAM3S.GG is a web3 gaming superapp that curates and creates content material to highlight the highest video games. It goals to turn out to be the one-stop-shop for web3 gaming to assist onboard hundreds of thousands of players, providing unprecedented methods to have interaction with blockchain-powered video games. The platform and its evolution underscore the rising significance of blockchain within the gaming business.

LEAVE A REPLY

Please enter your comment!
Please enter your name here