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25 April 2024
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Gomble Games Raises $10M for Boosting Web3 Gaming Vision

Io.Net and Allora Collaborate to Boost and Secure AI Development

A total of $10 million in cumulative investment has been successfully secured by Web3 gaming platform Gomble Games, a spinoff of the well-known game studio “111%,” with participation from prominent worldwide venture capital firms like Spartan, Hashed, Shima Capital, Animoca Brands, Altos Ventures, IOSG Ventures, Foresight Ventures, BigBrain Holdings, and others. This momentous occasion ushers in a new chapter in the integration of blockchain technology and gaming.

Over 100 million players were captivated by the viral successes Random Dice and BBTAN created by Gomble Games’s forerunner, “111%,” in only seven years. On the other hand, Gomble Games’ primary goal will be to close the gap between the realms of conventional (web2) and blockchain-based (web3) gaming.

Chris Chang, CBO at Gomble Games stated:

“At Gomble Games, we firmly believe in the power of collaboration and community in game development. Our vision is to create accessible games that are not just played but lived, where every player’s input shapes the world they immerse themselves in through very easy and engaging casual gaming experience” 

“This funding is a heartening testament to our commitment to bring the best of web2 gaming into the blockchain realm, focusing on an enhanced gaming experience, a sustainable economy, and motivated participation.”

The three main components of Gomble Games’ game approach—Dynamic Change, Reversal Opportunity, and Simplicity—altogether guarantee an interesting and always evolving gaming experience. By establishing a self-sustaining economy based on user participation, the initiative hopes to create a win-win environment that benefits both game producers and players.

In the long run, Gomble Games hopes to create a participative DAO (Decentralized Autonomous Organization) where users actively participate in marketing, game development, and other aspects of the platform in addition to being players. Third-party developers, who are essential to the ecosystem’s sustainable economic structure, are also included in this inclusive paradigm.

Chris Chang added:

“By fostering a space where every contribution is valued and rewarded, we are not just creating games but building a community where everyone has a stake in our success.”

Kelvin Koh, Co-founder of Spartan commented:

“With the boom in mobile gaming, we believe that hypercasual mobile games would be one of the main drivers of users into web3. The crypto-native Gomble Games team adeptly leads this charge as they combine the technical know-how to build addictive game loops with a deep understanding of the web3 gamer community. We are proud to back the team led by Chris, and cannot wait to experience what these creative geniuses have in the pipeline”

With the help of this most recent round of investment, Gomble Games is ready to change the gaming sector and make it more enjoyable, interesting, and lucrative for all parties involved.

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