The post Enjin, OKX Blockdream Ventures Lead Investment Round As GamePad.co Raises $2.5 Million appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Gamepad.co, a revolutionary decentralized accelerator for blockchain games and metaverse, is excited to announce the completion of a $2.5 million seed round.
The funding round was led by two prominent venture capitalists and investors, Enjin and OKX Blockdream Ventures, who are more than delighted to be working with Gamepad.
Enjin and OKX Blockdream Ventures have invested heavily in the NFT and crypto sectors, supporting various DeFi projects with prospects.
As a lead investor with a passion for promoting prospective blockchain projects and sustaining the industry’s development, Enjin and OKX are dedicated to bootstrapping metaverse and crypto projects, helping them launch into the mainstream.
The teams support the development of projects in the blockchain space to achieve decentralization.
With their strong support and passion for sustenance, there’s no doubt that Gamepad will thrive better. The next-generation accelerator will positively disrupt the industry and nurture and accelerate GameFi projects with potential.
The funds will be utilized to develop the accelerator and drive expansion.
Gamepad.co: Accelerating Futuristic DeFi Projects
Gamepad is an accelerator that offers a suite of tools for game developers and owners to thrive and grow their community. Gamepad features an incubator, launchpad, staking platform, council, NFT Genesispad, Guilds, Wallet Analytics, etc.
This accelerator solves problems, such as marketing, raising funds, and project listing, prevalent in the space.
Many launchpads lay too much emphasis on the public sale of the project, ignoring other significant aspects, such as traction and validating the prospects of the project to see if it has a great chance of success. This is the reason most emerging projects crash after listing.
Gamepad.co verifies, nurtures, and accelerates prospective metaverse, P2E, and guilds projects. Aside from having a wealth of tools to help project owners, Gamepad.co has a council of experienced gamers, expert developers, and top-notch marketers to back the best innovative Gamefi and P2E projects.
This team verifies projects and ensures the best is offered to participants.
Seeing the features and potential of this accelerator, the CFO of Enjin, Oscar Franklin, couldn’t contain his excitement, adding that he was honored to become one of the leading investors for Gamepad.co.
Franklin said he isn’t doubtful about the chances of Gamepad.co succeeding in the competitive and evolving blockchain gaming industry, an industry touted to become disrupt the gaming sector.
Franklin believes that GamePad’s solutions and unique approach to solving problems will add value to the projects in collaboration with them.
The founder of OKX Blockdream Ventures was also excited to invest in Gamepad. The investor is optimistic that the accelerator will be a gamechanger in the GameFi space.
Their unique approach, quick thinking to solving problems, and experience will create value for partners. OKX reiterated its commitment to helping Gamepad achieve its goals in a win-win situation.
The Road Ahead
Gamepad will announce the partnership with more investors soon on their Twitter page, as the team prepares for the public sale of its token $GPAD.
This event will hold at Copper Launch on March 29, 2021. Currently, the accelerator has onboarded several triple-A NFT games, with 15 more on the waiting line.
Although the launchpad and NFT platforms are currently running on Ethereum, the team plans to expand the services to Binance and Solana to serve the communities.
Gamepad will also launch more DeFi-focused features as they grow.
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