GamePad Raises a $2.5M Seed Round with Enjin and OKX

GamePad.co, a crypto gaming accelerator platform, announced recently that the team had raised $2.5 million in a seed round, putting it at a valuation of $25 million. This successful funding round was led by two leading companies in the blockchain industry, Enjin and OKX Blockdeam Ventures. 

GamePad is a next-generation startup that curates and promotes top gamefi, guilds, and metaverse projects before accelerating them. The platform features an incubation program, an NFT sales platform, an IDO launchpad, and numerous other elements that support the long-term growth of projects and communities.

GamePad aspires to be the Ycombinator of gamefi and metaverse projects, with its team’s vast reach, strategic value, resources, and technological advances.

Oscar Franklin Tan, the CFA of Enjin, said the following on Enjin’s investment:

“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, the founder of OKX Blockdream Ventures, was also very excited about the company’s investment. She stated that she believes GamePad has the potential to be a game-changer in the blockchain space and that her company will help GamePad to establish in-depth cooperation with more high-quality Gamefi projects in the market.

SOURCE: Bitcoin.com