GameOn, a cutting-edge fantasy sports platform, has secured $1.7M in strategic financing from industry leaders Lightning Capital and Flow.
These funds will be utilized to drive the development and expansion of GameOn’s innovative PLAYN3XT platform, as well as to facilitate partnerships with top-tier IP holders in major leagues.
With a focus on launching, operating, and monetizing web3 games in collaboration with the world’s biggest IPs, GameOn is set to revolutionize the gaming industry.
“Earning conviction from web3 powerhouses is a nod to our team, product, and business,’ said GameOn CEO, Matt Bailey. “We continue to surround ourselves with resources, people, and organizations that foster success. We’re aggressively honing in on major league IP acquisition that will return scaled profitability, fueled by best-in-class product and execution.”
Lightning Capital is a trusted Digital Asset Investment Firm combining deep web3 knowledge and experience with a 3+ year audited track record. Flow is the blockchain platform started by Dapper Labs, the company behind NBA Top Shot.
Web3 continues to make waves across sports, especially in the fantasy/gaming sector.