GamePad.co, the next-generation decentralized accelerator for crypto games, guilds and metaverses, announced recently that the team has closed its investment round valued at $25 million. This successful funding round was led by Enjin and OKX Blockdream Ventures, two leaders in the blockchain industry.
Gamepad.co: The next-generation accelerator for the metaverse era
GamePad is a platform that curates, nurtures and accelerates top GameFi, guilds and metaverse projects. It features an incubation program, an initial decentralized exchange offering (IDO) launchpad, a nonfungible token (NFT) sales platform and various components to support projects’ long-term fundamentals and community strength.
With Gamepad’s team and the council’s massive reach, strategic value, resources and technical innovation, Gamepad aims to be the Y Combinator of GameFi and metaverse projects.
Oscar Franklin Tan, chief financial officer of Enjin, said, “We’re really honored to lead the investment round for GamePad. We are already seeing that GameFi, blockchain gaming, and game NFTs without a doubt will be the biggest disrupter to the gaming industry, and we are extremely excited to back a company like GamePad that taps into this booming disruptor space. GamePad’s unique solutions and first-principles thinking in solving the age-old gamer retention problem will surely bring tremendous value to projects that partner with them.”
Dora, founder of OKX Blockdream Ventures, said, “We are excited to meet Gamepad in this investment round to explore the growth and development of GameFi. We believe GamePad has the potential to be a gamechanger in the blockchain space. Their unique solutions to solve retention problems as an experienced team with vast connections will surely create massive value for partnered projects. We will help GamePad to establish in-depth cooperation with more high-quality Gamefi projects on the market and reach win-win cooperation between the two parties.”
What’s next for GamePad?
More top-quality investors are to be announced in the next couple of days on their Twitter account leading up to the liquidity bootstrap sale of their token, GPAD, on Copper Launch from March 29 to 31, 2022. The decentralized accelerator already has 10 triple-A blockchain games onboard their acceleration with more than 15 waiting in the wings.
Initially, the IDO launchpad and NFT sales platform will run on the Ethereum blockchain, but the BNB smartchain and Solana will be supported shortly. The roadmap’s most important milestones are growing the community through decentralized finance and NFT-focused features. All in all, GamePad.co aims to make sure the games and metaverse under their accelerator have the best chance for long-term growth and success.
Eric Su, founder of GamePad said, “We built GamePad.co after thoroughly understanding the inadequacies of generic launchpads and what GameFi, play-to-earn and metaverse projects really need to become the next Axie Infinity. Together with our partners Enjin, OKX Blockdream Ventures and 20-plus other valuable funds and service providers, we envision to become the decentralized Y Combinator of the blockchain-powered, digital-experience industry.”
Enjin is behind Efinity: a next-generation blockchain for digital assets built on the Polkadot network. By revolutionizing virtual-goods creation and management, the Enjin team is a leader and innovator in the NFT space and metaverse. It is also dedicated to supporting a wide range of development in the blockchain ecosystem. With its strong passion to support ecosystem partners and achieve the reality of decentralization, GamePad is excited to build a thriving GameFi community with them.
- Website – https://enjin.io/
- Twitter – https://twitter.com/enjin
- Discord – https://enj.in/discord
- Telegram – https://enj.in/telegram
- Blog – https://enjin.io/blog
About OKX Blockdream Ventures
OKX Blockdream Ventures is an investment institution under the world-leading trading platform OKX.com. It is focused on exploring and investing in innovative blockchain projects worldwide and promoting sustainable development across the industry globally. OKX Blockdream Ventures shares global resources and experience with passionate entrepreneurs to create long-term structural value for the blockchain industry. The initial capital of OKX Blockdream Ventures is $100 million. They are dedicated to helping projects and entrepreneurs build better companies, creating a positive impact in the community.
- Website – https://www.okx.com/blockdream-ventures
- Twitter – https://twitter.com/okx_ventures
- Telegram – https://t.me/OKXBlockdream
- Email – [email protected]