November 21, 2024
KGeN, a Web3 platform focused on esports, has announced a $10 million ecosystem funding round. Aptos led the investment, with additional support from G7 DAO and Polygon. This funding signals a commitment to expanding the platform's offerings and enhancing its presence in the esports and blockchain space.
KGeN aims to bridge the gaming and blockchain worlds, offering tools and infrastructure for esports players and organizations to integrate Web3 technologies. The platform has positioned itself as a pioneer in this niche, targeting gamers and teams looking to maximize decentralized solutions for in-game assets, rewards, and fan engagement. With this fresh funding, KGeN plans to deepen its technological capabilities and prepare for the next phase of development.
About KGeN
KGeN is a Web3 platform focused on integrating blockchain technology with esports. The platform provides tools for managing in-game assets, decentralized rewards systems, and mechanisms for interaction between fans and teams. Its goal is to incorporate blockchain solutions into the structure of competitive gaming.
Website: https://hub.xyz/kgen
X: @KGeN_IO
About Investor
Aptos
Aptos is a Layer 1 blockchain that emphasizes scalability, security, and usability for decentralized applications. Backed by significant investors, Aptos has become a leader in supporting projects across the Web3 ecosystem.
Location: Palo Alto, California Website: https://aptosfoundation.org/
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