Gameplay Galaxy Raises $12.8 Million Seed Funding

Gameplay Galaxy, a Web3-based, decentralized competitive gaming environment, has announced the successful completion of a $12.8 million seed investment. Blockchain Capital largely financed this venture. In addition, Merit Circle, Com2uS, Mysten Labs, Solana Ventures, Yield Guild Games, and Hustle Fund were all involved. The startup will be able to create innovative and engaging games thanks to the seed funding.

How Gameplay Galaxy is building a formidable ecosystem

Gameplay Galaxy’s ultimate goal is to bring together the most cutting-edge Web3 capabilities, design and construct seamless experiences, onboard Web2 gamers to its gaming ecosystem, grow its wallet offering, and hire and retain a world-class development staff.

As its first title, Trial Xtreme will usher in Gameplay Galaxy’s Web3 decentralized gaming environment. In the future, it will also include additional games based on extreme sports. Vehicles, racetracks, characters, and workshops are just some of the tradable assets that players will be able to acquire in each game. Because of the interconnected nature of the Gameplay Galaxy ecosystem, players from all over the world can have a say in the game’s rules and mechanics.

Active players can earn money by taking part in and winning races and tournaments, as well as by hosting their own events. In addition, players will have the opportunity to acquire tokens by winning games. Also, they will be able to use the tokens they have acquired to build a safe wallet in which they can keep future tokens and NFTs.

All players, no matter where they are in the world, can have a say in the action thanks to the Gameplay Galaxy decentralized Web3 ecosystem. Also, players can form guilds and share in the financial rewards of the game’s success as co-owners. The platform enters the gaming world with over thirty experts that have carved out niches for themselves in the game industry through their ground-breaking creations.