Gamepad Holds Seed Round, Secures $2.5 Million with OKX Blockdream Ventures and Enjin as Main Backers

By Crypto Guys | Navid Ladani | 25 Apr 2022


Helping the GameFi industry grow through the selection of the right services for long-term viability, Gamepad.co is a decentralized crypto gaming accelerator for players, developers, and guild owners. From incubation to project execution to community building, Gamepad.co comes as a disruptive service that is aimed to change how GameFi and metaverse projects will be launched in the future.

Next Gen Accelerator

GameFi and metaverse are the fastest growing sectors of the crypto world, with new platforms and projects being launched on a near-daily basis. However, the majority of these fail to achieve their expected goals, eventually fizzle out or diminish away.

Happening to even the most potent projects, Gamepad.co developers noticed that this is due to a developing trend in the industry where success is based on how much the public sale was valued. With developers focused on value conversion in the sale, they get distracted from what are the most important aspects of their projects and therefore lose sight of what they are trying to accomplish.

Gamepad.co is a platform that fixes this by helping projects and game developers, guilds and metaverse regain focus. Incubation, IDO and NFT launchpad, proper marketing, on chain wallet analytics, reward system, staking, community building, and the ability to go multichain are just a few of the many features Gamepad.co offers.

The Gamepad.co developers also offer guidance through its council, a group of different experts that can add strategic value and even help arrange the right resources (manpower, funding, etc.) that projects really need.

OKX and Enjin Lead Investing

A seed round for investors was recently held by Gamepad.co where investors and backers participated and pumped $2.5 million to help the platform develop its services. While nearly two dozen parties seeded the platform, Enjin and OKX Blockdream Ventures took the lead.

Enjin is a gaming and NFT development platform and network and a leader in the NFT and metaverse space. "We're really honored to lead the investment round for GamePad.” said Oscar Franklin, the Chief Financial Officer of Enjin, “We are already seeing that GameFi, blockchain gaming, and game NFTs without a doubt will be the biggest disrupter to the gaming industry and we are extremely excited to back a company like GamePad that taps into this booming disruptor space. GamePad's unique solutions and first-principles thinking in solving the age-old gamer retention problem will surely bring tremendous value to projects that partner with them."

While Dora, the Founder of OKX Blockdream Ventures said “We are excited to meet Gamepad in this investment round to explore the growth and development of GameFi. We believe GamePad has the potential to be a game changer in the blockchain space. Their unique solutions to solve retention problems and experienced team with vast connections will surely create massive value for partnered projects. We will help GamePad to establish in-depth cooperation with more high-quality Gamefi projects in the market, and reach win-win cooperation between the two parties."

On the seed round occasion and the lead investing, Founder Gamepad.co Eric Su talked of the success, "We built Gamepad.co after thoroughly understanding the inadequacies of generic launchpads and what GameFi, play to earn and metaverse projects really need to become the next Axie Infinity. Together, with our partners - Enjin.io, Okx Blockdream fund, and 20+ other valuable funds and service providers, we envision becoming the Ycombinator of the blockchain-powered experiential products industry."

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