October 20, 2024
Gameness, a Web3 esports and gaming platform, has secured a $20 million investment from LDA Capital. This funding will help Gameness advance its goal of transforming the esports ecosystem by incorporating blockchain technology and promoting decentralized gaming. The investment will aid in the development of Gameness’s super app, which integrates tournaments, education, NFT utilities, and a dynamic token economy, positioning it as a leader in the Web3 space.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Gameness | $20M | October 20, 2024 | Web3 | LDA Capital | Web3, Gaming |
The funds will also be used to merge Gameness’s Telegram user base into the main app, making access easier for millions of players and laying the groundwork for long-term growth. The platform’s LockNess staking system will encourage user participation with rewards and governance rights, while ensuring sustainable token management to maintain supply stability.
CEO Burak Çevik highlighted that with LDA Capital’s backing, Gameness is pushing the boundaries of what is possible at the intersection of esports, blockchain, and decentralized technology, bringing them closer to their vision of a unified platform for gaming, education, and Web3 innovation.
About Gameness
Gameness is a comprehensive platform designed for the esports and gaming community. It integrates various features such as tournaments, education, and events, all enriched with cryptocurrency and NFT functionalities. Users can participate in gaming tournaments, earn rewards, and even trade NFTs. The platform aims to solve many challenges faced by gamers, brands, and teams by providing a unified, user-friendly experience. Gameness also supports community engagement through online and LAN events, making it a versatile hub for all things esports.
Website: https://gameness.app/
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About Investor
Investor: LDA Capital
LDA Capital is an alternative investment group that specializes in complex, cross-border transactions. Founded in 2018, the firm focuses on investing in high growth and capital-intensive businesses globally. The founders have a 20-year business history and have collectively executed over 250 transactions across the capital structure in both the public and private markets.
Location: Madrid
Website: https://www.ldacap.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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