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Web3 gaming superapp Gam3s.gg has raised $2 million in funding and it said it plans to launch its native $G3 token to drive Web3 gaming adoption.
The company said its mission is to onboard the next 100 million gamers onto Web3. The round featured a host of leading VCs participating in the strategic round which will support Gam3s.gg’s goal of transforming Web3 gaming.
The investors include Merit Circle, WWVentures, Cogitent Ventures, P2 Ventures, Cypher Capital, Acheron, Basics Capital, OIG Capital, BreederDAO, Hercules Ventures and notable angels including Polygon co-founder Sandeep Nailwal, YGG cofounder Gabby Dizon, Sky Mavis & Ronin co-founder Jiho Zirlin, and LiquidX co-founder Giulio Xiloyannis, among others.
Following the funding round, Gam3s.gg plans to proceed with the launch of its native $G3 token. A token generation event, scheduled for early April, will see the $G3 token issued to a global audience of Web3 gamers through a public sale and an airdrop event to reward the early users over the past 18 months. The $G3 token is set to unlock exclusive platform features, game rewards, and the opportunity to participate in upcoming token launches for games.
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The Gam3s.gg superapp, currently exceeding over 300,000 registered gamers, curates content to spotlight the top Web3 games. It removes onboarding friction and allows gamers to interact with their favorite blockchain-powered games in unprecedented ways by simplifying the user experience, providing early access opportunities, as well as creating a plethora of guides and unbiased reviews.
The superapp has a library of over 350 games — more than 80 which are directly playable on the browser through the platform, in addition to hosting the industry’s biggest annual awards show in December since 2022.
The platform’s quest system has recently seen over a million missions completed, engaging more than 75,000 unique participants across 78 quests launched in partnership with some of the biggest blockchain gaming titles including Shrapnel, Big Time, Axie Infinity, MetalCore and Illuvium.
“We’re thrilled to onboard our new strategic investors and partners on the newest chapter of our journey, as we continue to empower gamers worldwide to truly make the most out of gaming,” said Omar Ghanem, CEO of Gam3s.gg, in a statement.
Notably, the platform’s annual Gam3 Awards attracted over 450,000 votes in December of 2023 with partnerships including Amazon, Google, and Xbox ranging from jurors to prize pool sponsorship. Moreover, the event drew in a live audience of over 50,000 viewers across livestreaming platforms such as Twitch, YouTube and X. I helped judge that contest.
Gam3s.gg aims to continue spearheading the blockchain gaming revolution looking ahead with plans to add cloud gaming functionality, a seasonal battlepass system, gaming identity layer, streamlined trading of game collectibles and providing early access opportunities to gamers worldwide.
