Binance Labs will invest $1,5 million in GAMEE

The funding will be used to support the growth of the blockchain gaming experience, product development, and promote decentralization

10.02.2022 - 12:15

1 min

What’s new? Binance Labs, the venture capital arm of the Binance platform, has announced a new $1,5 million strategic investment in GAMEE. .

Information on the Binance blog

What will the investments be used for? The funding will support the development of all GAMEE products, namely, Arc8 will become a decentralized launchpad for games based on blockchain technology, and G-Bots will be the first project to debut with its own token. Bozena Rezab, CEO of GAMEE, commented:

“We are very happy to welcome Binance Labs as a strategic investor to advance our growth and assist us in building the future of gaming, based on the true ownership of digital assets.”

What is known about GAMEE? It is a mobile gaming platform, a subsidiary of Animoca Brands. It was founded in the Czech Republic in 2015. The company has 40 million registered users and it continues to serve more than 5,3 billion gaming sessions. Animoca Brands is a leader in digital entertainment, blockchain, and gamification. It creates and distributes various products, including REVV and SAND tokens.

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