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Blockchain Technology companies lead a $2.5 million seed round for GamePad.CO

Last Updated: March 17, 2022By

GamePad.co, the next-generation decentralized accelerator for crypto games, guilds, and blockchain technology, has announced the completion of a $25 million funding round. Enjin and OKX Blockdream Ventures, two giants in blockchain technology, led this successful funding round.

Gamepad. Co is the metaverse’s next-generation accelerator in blockchain technology

GamePad is a platform that finds, fosters, and advances the world’s best GameFi, guilds, and metaverse initiatives. It includes an incubation program, a launchpad for initial decentralized exchange offerings (IDOs), a platform for selling nonfungible tokens (NFTs), and other components to promote long-term fundamentals and community development projects in blockchain technology.

Gamepad aspires to be the Y Combinator of GameFi and metaverse initiatives, with its staff and the council’s massive reach, strategic value, resources, and technical innovation.

Also, read – Investment Round For The Blockchain Game Mecha Morphing Is Completed

Oscar Franklin Tan, Enjin’s chief financial officer, said, “We’re 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, stated, “We are excited to meet Gamepad in this investment round to explore the growth and development of GameFi. We believe GamePad can 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 in store for GamePad in the future?

More high-quality investors will be disclosed on their Twitter account in the following days as they prepare for the liquidity bootstrap sale of their token, GPAD, on Copper Launch from March 29 to March 31, 2022. There are already ten triple-A blockchain technology games on the decentralized accelerator’s platform, with another 15 on the way.

The IDO launchpad and NFT sales platform will initially run on the Ethereum blockchain, but support for the BNB smartchain and Solana will be added shortly. The plan’s most critical milestone is growing the community through decentralized finance and NFT-focused features. Overall, GamePad. Co’s goal is to ensure that the games and metaverse under its accelerator have the best potential for long-term success and expansion.

“We established GamePad.co after completely comprehending the shortcomings of generic launchpads and what GameFi, play-to-earn, and metaverse initiatives need to become the next Axie Infinity,” stated Eric Su, founder of GamePad. We want to be the decentralized Y Combinator of the blockchain technology-powered, digital-experience business, with our partners Enjin, OKX Blockdream Ventures, and 20-plus other critical funds and service providers.”

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About the Author: Diana Ambolis

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