Cryptocurrency play-to-earn (P2E) startup GamerGains has raised $5.8 million in seed funding, backed by Tiger Global, FTX, BlockFi, Winklevoss Capital, and others. The startup is aimed at boosting solana (SOL) tokens by granting video game players with bonuses in the form of Solaba-based tokens for passing challenges, contests and tournaments.
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Jon Brovda, Co-Founder and CEO of GamerGains, says that the platform was made to become a crypto-enhanced home for traditional gamers that used to play AAA games like Grand Theft Auto V. With the funding, the platform wants eliminate barriers that have "constrained gaming platforms."
"The platform is designed for all gamers, from those who enjoy casually playing alone, to advanced players who will utilize the platform for e-sports, large contests and tournament competitions," the company said in a press release.
GamerGains is expected to be launched for PC games in beta this spring and consoles later this year. This is not the first Solana-aimed crypto project though. In January, iHodl reported that DarleyGo, an NFT horseracing game based on Solana, attracted funding from a set of investors, including Jump Capital, Genesis Block Ventures, Waterdrip Capital, and others.
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