GAM3S.GG, formerly known as Polkastarter Gaming, has successfully closed a seed funding round, raising a total of $2 million. The funding round was led by Mechanism Capital, a prominent venture capital firm, with the participation of other major venture and angel investors.
The seed funding round coincided with the project’s rebranding, as it transitioned to its new name, GAM3S.GG. This rebranding was done to align with the project’s new vision. The project aims to become the go-to platform for Web3 gaming, positioning itself as the “IGN for web3” according to investors and partners.
The list of investors in the funding round includes 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, as well as several angel investors in the Web3 gaming space.
The raised funds will be used to scale and grow the GAM3S.GG gaming superapp. The platform currently offers curated Web3 gaming content, with over 200 games listed across 15 chains. It has also attracted over 60,000 registered gamers since its launch in November 2022, establishing itself as the largest hub for Web3 gamers.
Building a successful Web3 gaming platform is no easy task, as it requires not only the development of games but also the infrastructure surrounding and enabling them. Mechanism Capital recognizes the potential of GAM3S.GG in this space. The team behind the project has shown the ability to understand the incumbent playbooks and evolve them with aggressive experimentation.
The gaming industry has seen more giants dipping their toes into web3 gaming throughout 2023. Companies like Zynga and Ubisoft have been working on web3-native games, such as Sugartown and Champions Tactics: Grimoria Chronicles. With more gamers entering the space, there is a growing need for an aggregator like GAM3S.GG.
Gamers’ sentiment towards web3 gaming is also shifting. GAM3S.GG aims to become the hub that enables both newcomers and experienced gamers to explore new frontiers and experiences within a single web3 gaming superapp. The platform wants to address the lack of quality content and a singular destination for all Web3 gaming needs.
GAM3S.GG has already gained significant traction since its inception. It has attracted thousands of registered gamers who have explored its curated content focused on next-gen Web3 games. The platform also hosted the GAM3 Awards, the first and largest web3 game award show, which saw impressive engagement from the gaming community.
Moving forward, GAM3S.GG plans to continue building advanced features to eliminate barriers to entry for blockchain games. These features include social logins, player-owned item management, progression rewards, retrospective in-game progress tracking, and the ability to directly play Web3 games on the platform.
The gaming industry is currently at a crossroads, and GAM3S.GG aims to be at the forefront of this change. While traditional gaming has platforms like IGN and Kotaku, the industry is not yet fully prepared for the potential of blockchain-powered games. GAM3S.GG aims to fill this gap by curating and spotlighting the top games, setting the gold standard, and providing gamers with a trusted compass in this new frontier.
The team at GAM3S.GG has a clear mission to help Web3 gaming reach 100 million users through its platform and content. They want to become the trusted gateway for gamers looking to explore the possibilities of blockchain-powered games. The platform aims to bring all their Web3 gaming needs under one roof.
Polygon, one of the investors in GAM3S.GG, recognizes the value of platforms like GAM3S.GG in curating and guiding gamers in new niches. They have closely collaborated with the GAM3S.GG team and believe in their vision of making Web3 gaming accessible and highlighting quality games in this new frontier.
This is just the beginning of GAM3S.GG’s journey, as the industry is still in its early stages. With more household names entering the blockchain gaming world, GAM3S.GG will serve as the gateway for all gamers to enjoy Web3 games to their fullest potential. The platform’s vision is to become the ultimate bookmark on every gamer’s device, providing a one-stop-shop for Web3 gaming.