Gameplay Galaxy has raised 24 million dollars in its initial funding round, including an additional 11 million dollars in a recent extension. Blockchain Capital and Merit Circle led the round. The funds will be used to accelerate the development of Trial Xtreme Freedom, an extreme sports title, and to expand Gameplay Galaxy's web3 competitive esports ecosystem.
With the new funding, Gameplay Galaxy plans to develop its web3 esports ecosystem, focusing on player-centric digital ownership models. These models will allow players to own tracks in Trial Xtreme Freedom, enabling them to organize their own events and tournaments. Additionally, players can own motorcycles and earn tokens, further integrating them into the game's decentralized economy.
Doron Kagan, CEO of Gameplay Galaxy, emphasized the importance of Web3 in the gaming industry and stated: "We believe that Web3 represents the natural evolution of the Free-to-Play model, paving the way for the most significant transition in the history of gaming. We are excited to be at the forefront of this revolution, driving innovation and creating value for our players and shareholders."
Kagan and COO Maya Gurevich explained that web3 aims to change the gaming landscape and redefine ownership and participation in the digital world. Unlike traditional gaming models where companies control assets, web3 offers a decentralized approach where players actively participate in the ecosystem, influence decisions, and share the value they help create.
They also highlighted
que a web3 é uma evolução que melhora os jogos tradicionais da web2 com características como propriedade digital e economias descentralizadas, criando um ambiente mais imersivo e atraente para os jogadores. Este enfoque garante uma transição suave para os usuários ao mesmo tempo que impulsiona indicadores chave de desempenho superiores em comparação com os jogos tradicionais.
Bart Stephens, gerente geral da Blockchain Capital, expressou sua confiança na equipe da Trial Xtreme e apontou que, embora muitos investidores de capital de risco tenham investido em jogos web3, encontraram que o enfoque da Gameplay Galaxy era particularmente promissor. Com mais de 300 milhões de downloads e um profundo conhecimento da tecnologia blockchain, a Gameplay Galaxy tem como objetivo criar o primeiro jogo web3 que alcance um sucesso generalizado.
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