gameFI
Uses feedback, focus, and fun to engage employees and drive business results.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | Growth Equity VC | |
| Total Funding | 000k | ||
Established in August 2021, GameFi.org operates as a comprehensive ecosystem designed for the web3 gaming sector, serving game developers, players, traders, and investors. The Vietnam-based platform is backed by notable entities including Icetea Labs, DAO Maker, Animoca Brands, and Morningstar Ventures. The project is spearheaded by a team led by Hai Duong. There appears to be some conflicting information regarding the founders, with some sources mentioning Jason Milesko and Matt Davis, while others point to My Nguyen and Thi Truong.
GameFi.org functions as a multi-faceted hub aiming to solve challenges faced by game studios and players in the blockchain space. The business model centers around creating a unified platform that simplifies access to and management of blockchain-based gaming assets. Revenue is generated through various fees within the ecosystem, including trading fees on its marketplace, acceleration fees for projects launching on its platform, and yield fees from its guild features. The company has successfully raised approximately $13 million through over 90 Initial DEX Offerings (IDOs) and Initial NFT Offerings (INOs).
The platform's core services are structured around five pillars: Launchpad, Accelerator, Aggregator (now Game Hub), Marketplace, and Guild Hub. The Launchpad provides investors with early access to curated IDOs and INOs for new gaming projects. The Game Hub acts as a central directory for discovering and exploring blockchain games, offering detailed project information. A key feature is the cross-game Marketplace, which allows users to trade in-game items and NFTs from various projects in real-time. The Guild Hub connects gamers with gaming guilds, facilitating participation in play-to-earn opportunities, while GameFi Earn provides staking and other passive income options. The platform's native token, $GAFI, is central to the ecosystem. It is used for staking to gain access to token sales, governance participation, and receiving discounts on platform fees. Users are ranked in tiers (Rookie, Elite, Pro, Legend) based on the amount of $GAFI they stake, which determines their level of access and benefits for IGOs.
Keywords: GameFi, web3 gaming, blockchain gaming, launchpad, IGO, INO, NFT marketplace, play-to-earn, GAFI token, metaverse, crypto gaming, digital assets, DAO Maker, Icetea Labs, Animoca Brands, gaming finance, staking, guild hub, blockchain games, decentralized finance, crypto launchpad, token sale, NFT trading
