Gameplay Galaxy, the creators of the popular Trial Xtreme franchise, have recently announced a significant milestone in their journey towards developing a cutting-edge Web3 competitive gaming ecosystem. The company has successfully raised an additional $11 million in capital, bringing their total funding amount to an impressive $24 million. This extension of their seed funding round was led by prominent investors Blockchain Capital and Merit Circle, highlighting the growing confidence in Gameplay Galaxy’s innovative approach to Web3 gaming and its potential to disrupt the market.
Trial Xtreme Freedom, the flagship game of Gameplay Galaxy, is poised to spearhead the transition from Free-to-Play (F2P) to Web3 broad adoption by introducing new player-centric digital ownership utilization models. One of the key features that is expected to revolutionize the gaming industry is track ownership, which empowers players to hold their own tournaments and special events. Additionally, players will have the ability to craft, upgrade, and own their bikes, as well as earn tokens through their in-game experiences. These innovative Web3 features will provide a new level of player ownership built on a foundation of top-notch gameplay.
The infusion of $24 million in funding will be strategically utilized by Gameplay Galaxy to accelerate product development, expand their world-class team, and enhance their go-to-market strategies. Doron Kagan, the Founder and CEO of Gameplay Galaxy, expressed his belief in the transformative power of Web3, stating that it represents the natural evolution of the Free-to-Play model and marks a significant transition in gaming history. He emphasized the company’s commitment to driving innovation and creating value for players and stakeholders in this new gaming landscape.
Maya Gurevich, the Founder and COO of Gameplay Galaxy, echoed Kagan’s sentiments, emphasizing the player-centric approach of Trial Xtreme Freedom. She emphasized the company’s dedication to revolutionizing the gaming industry by empowering players to have meaningful ownership in a seamless gaming experience while enjoying the thrill of setting new track records. The team at Gameplay Galaxy is focused on delivering unforgettable experiences to players worldwide through their commitment to embracing emerging technologies and pushing the boundaries of what is possible in the gaming world.
Investment in Innovation
Blockchain Capital, one of the lead investors in Gameplay Galaxy’s funding round, shared their perspective on the gaming industry and their decision to back the Trial Xtreme team. Bart Stephens, GM at Blockchain Capital, highlighted the challenges and complexities of the video game industry, noting that it requires a unique blend of talent, technology, and leadership. He emphasized that while many VCs have poured significant investments into Web3 games, Blockchain Capital was particularly impressed by the expertise and track record of the Trial Xtreme team. Stephens expressed confidence in Doron, Maya, and their dedicated team, recognizing their success in game development and deep understanding of blockchain technology as key factors in their potential for mainstream success.
The partnership between Gameplay Galaxy and Blockchain Capital signifies a shared vision for the future of gaming and the potential for Web3 to revolutionize the industry. By combining Gameplay Galaxy’s expertise in game development with Blockchain Capital’s investment acumen and strategic guidance, the two entities are poised to drive innovation and create new opportunities for players in the evolving gaming landscape.
About Gameplay Galaxy
Gameplay Galaxy is a game development studio renowned for its Trial Xtreme Series, a leading franchise in the mobile games sport and racing category. The company’s mission is to deliver the world’s first Web3-powered, competitive extreme sports ecosystem, offering players a unique and immersive gaming experience. With a proven track record of success and a commitment to embracing emerging technologies, Gameplay Galaxy is at the forefront of innovation in the gaming industry.
Players can join the Gameplay Galaxy and Trial Xtreme Freedom community to stay updated on the latest developments and upcoming features. By visiting the Gameplay Galaxy site, users can immerse themselves in a world of thrilling gameplay, innovative features, and unparalleled gaming experiences. The company’s dedication to player-centric design and cutting-edge technology sets them apart as a leader in the rapidly evolving gaming landscape.
In conclusion, Gameplay Galaxy’s recent funding milestone represents a significant step forward in their mission to revolutionize the gaming industry through Web3 innovation. With the support of investors like Blockchain Capital and Merit Circle, the company is poised to drive forward the transition to player-centric gaming experiences and unlock new opportunities for players worldwide. As the gaming landscape continues to evolve, Gameplay Galaxy remains committed to pushing the boundaries of what is possible and delivering unforgettable gaming experiences to players around the globe.