August 21, 2024
GAMEE, the mobile gaming platform known for the viral game WatBird and a subsidiary of Animoca Brands, announced it has received an investment from Pantera Capital. The funds will be used to expand GAMEE’s presence on The Open Network (TON) through WatBird, a Telegram Mini App that introduces Telegram users to Web3 with engaging, meme-inspired gameplay.
Project | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|
GAMEE | August 21, 2024 | Strategic Investment | Pantera Capital | Gaming, Web3 |
GAMEE plans to enhance its integration with the TON ecosystem by incorporating TON-based digital assets like tokens and NFTs into its gaming experiences on Telegram. With over 4 million users already connected to WatBird via TON Wallets, GAMEE aims to attract more gaming and Web3 communities, GameFi investors, and Telegram users through community-driven activities on its Telegram Mini App. This investment from Pantera follows a previous one from TON Ventures.
Pantera Capital, a leading blockchain-focused investment firm in the US managing over $5 billion in assets, highlighted its strong belief in the TON ecosystem. GAMEE, a prominent gaming platform on Telegram with over 100 games, including WatBird, which has 3 million daily active players, is one of Pantera’s first investments in the TON ecosystem.
Bozena Rezab, co-founder of GAMEE, expressed that Pantera’s investment is a significant endorsement of their vision to integrate Web3 mechanics into their gaming experiences for their community of 90 million gamers. This support will help accelerate their mission to enhance community engagement with the TON ecosystem.
About GAMEE
Gamee is a high-engagement mobile gaming platform that integrates blockchain technology to bring Web3 experiences to a broad audience. With over 80 million registered users and 3 million daily active users, Gamee offers a diverse range of games powered by the GMEE token, which serves as the platform's currency for access and governance. The platform is known for its extensive presence on Telegram, boasting the largest gaming community with 50 million registered users. Gamee's ecosystem includes partnerships with notable Web3 projects like Mocaverse, Decentraland, and Sandbox, enhancing its reach and engagement.
Website: https://www.gamee.com/
About Investor
Investor: Pantera Capital
Pantera Capital is the first U.S. institutional asset manager that focuses exclusively on blockchain technology. Since its inception in 2013, Pantera has invested in digital assets and blockchain companies, providing investors with comprehensive exposure to the space.
The firm has a history of pioneering initiatives in the blockchain and cryptocurrency sector. It launched the first cryptocurrency fund in the U.S. when bitcoin was valued at $65/BTC in 2013. Following this, Pantera launched the first blockchain-focused venture fund and was the first to offer an early-stage token fund in 2017.
Location: Menlo Park, CA
Website: https://panteracapital.com/
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