Cryptocurrency News

Gamepad.co Secures Seed Round, Enjin and OKX Back Invest $2.5 Million

By April 26, 2022 No Comments

Offering  rapid growth, Gamepad.co offers a vast collection of services to promote and accelerate the GameFi and metaverse platforms. A recently held private seed round saw two major industry players (gaming and NFT blockchain network Enjin and top crypto asset exchange OKX) invest a combined $2.5 million to give the platform the boost it needs.

Services to Sustain

Many projects are being launched every day. Unfortunately, even the best of these witness hiccups, many even failing down the road. Gamepad.co developers have leveraged their expertise to understand that these projects lack in one or more aspects and offer a one-stop solution to counter these. Incubation, consultation, expertise, launchpads, readily available market, PR, and marketing by Gamepad.co means it can offer a fast track, yet long term solution to projects.

Their efforts have caught the eyes of industry leaders and a private seed round saw OKX and Enjin backing it up with $2.5 million. On the occasion, the Founder of OKX Blockdream Ventures, Dora, explained why the crypto exchange backed Gamepad.co

“We believe GamePad has the potential to be a game changer in the blockchain space. Their unique solutions to solve retention problems and 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 in the market, and reach win-win cooperation between the two parties.”

Oscar Franklin, the Chief Financial Officer of Enjin also said,

“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.”

An Ecosystem of Accelerator Services

Gamepad.co is dedicated to building a holistic group of services that are aimed to accelerate the growth of projects and at the same time, create long term viability, thus helping the GameFi and metaverse industry to thrive in the coming years.

On the occasion of the seed funding, Eric Su, Gamepad.co founder emphasis on the services of the platform and the importance of its partnerships,

“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.io, Okx Blockdream fund and 20+ other valuable funds, and service providers, we envision becoming the Ycombinator of the blockchain-powered experiential products industry.”

Gamepad.co helps projects with its slew of services:

  • Incubation: The right set of tools and support for project teams to get their ideas off the ground.
  • Counseling: Connect project teams with experts to leverage their experiences and exploit all possibilities for growth.
  • Launchpads: marketplace for new tokens, both traditional crypto and NFTs, where enthusiasts are ready to invest in projects.
  • Marketing: Complete all-around marketing strategy and outreach to get the word out.
  • Staking and Rewards: Token staking and other reward generation strategies to build the loyalty of users and construct communities.
  • Cross-Chain: Support of multiple chains that opens up access to users not possible before.

With the investment made by OKX and Enjin, Gamepad.co will be able to expand on its services and further development, allowing for fast and swift adoption of the platform by different projects.