Polkastarter rebrands to GAM3S.GG after successful $2M funding round

GAM3S.GG, formerly known arsenic Polkastarter Gaming, precocious concluded a $2 cardinal effect backing circular led by Mechanism Capital and participated by respective high-profile task and angel investors, according to a property merchandise seen by CryptoSlate.

GAM3S.GG aims to beryllium the “IGN for web3,” and the funds raised volition beryllium utilized to standard and turn the level that presently hosts implicit 200+ games crossed 15 chains. Garnering implicit 60,000+ registered gamers since its November 2022 launch, the level has carved a niche for itself arsenic a hub for web3 gamers.

Mechanism Capital spouse Ken stressed the complexity of gathering web3 games and the infrastructure surrounding them, peculiarly for gaming hubs and aggregators, highlighting the value of supporting platforms similar GAM3S.GG.

Omar Ghanem, Co-Founder & CEO astatine GAM3S.GG, said that portion web3 offered breathtaking possibilities, the lack of prime contented and a one-stop destination for web3 gaming needs had near galore gamers astatine a loss. His connection reflects the humanities discourse of web3 gaming, which saw a play-to-earn craze successful 2021 and 2022, arsenic CryptoSlate reported astatine the time. However, the absorption shifted to providing high-quality gameplay implicit playing to earn, a sentiment echoed by Ghanem and Daniel Stockhaus, different co-founder of Polkastarter.

The displacement successful absorption is validated by the platform’s curated contented and its plans to physique precocious features to marque blockchain games much accessible. In December, GAM3S.GG hosted the archetypal and largest web3 crippled grant amusement – the GAM3 Awards, and present aims to present features similar societal logins, player-owned point management, and retrospective in-game advancement tracking. The extremity is to alteration the nonstop playing of web3 games connected the platform.

With established gaming companies similar Zynga and Ubisoft venturing into web3 gaming, the request for an aggregator similar GAM3S.GG is escalating. “We’re not conscionable curating; we’re spotlighting the apical games, mounting the golden standard, and allowing gamers to prosecute with games successful unprecedented ways arsenic we purpose to go the definitive location of web3 gaming,” added Ghanem.

Shreyansh Singh, Head of Investments astatine Polygon, praised GAM3S.GG for being a beacon of innovation successful web3 gaming. Polygon, on with different investors similar Double Peak, ArkStream Capital, and LD Capital, sees the level arsenic an accessible imaginativeness of web3, wherever prime games emergence supra the noise.

About GAM3S.GG

GAM3S.GG is simply a web3 gaming superapp that curates and creates contented to spotlight the apical games. It aims to go the one-stop-shop for web3 gaming to assistance onboard millions of gamers, offering unprecedented ways to prosecute with blockchain-powered games. The level and its improvement underscore the increasing value of blockchain successful the gaming industry.