See More

Wallet Not Needed: First Crypto P2E Platform for PC and Console Gamers

2 mins
Updated by Nicole Buckler
Join our Trading Community on Telegram

Wallet Not Needed: Traditional gamers will now seamlessly earn crypto rewards without needing a crypto wallet.

GamerGains Lab, Inc. (GamerGains) recently closed a $5.8 million seed round. This is to develop the first crypto-based P2E earn platform serving millions of traditional gamers around the world. These gamers use both PCs and consoles and can earn crypto rewards without a digital wallet or previous crypto experience.

Seed funding is coming from high-profile tech, blockchain, and crypto investors.

GamerGains say that this will create an accessible on-ramp for traditional gamers to get the benefits of Web3.

Jon Brovda is the CEO of GamerGains. “Our vision for GamerGains is to combine our passion for traditional PC and console gaming with Web3 innovations, allowing gamers at all levels to play and earn through fair, transparent challenges, contests and tournaments. GamerGains is designed to be a crypto-enhanced home for traditional gamers – with ongoing support for their favorite consoles and titles.”

Wallet not needed

GamerGains says that the platform will eliminate the technological, economic, and professional barriers that have held back gaming platforms. “The platform is designed for all gamers, from those who enjoy casually playing alone, to advanced players who will utilize the platform for e-sports, large contests and tournament competitions.”

Max Shapiro is the Managing Partner of Cadenza Ventures, one of the investors. “GamerGains possesses key elements we look for in an investment: a large addressable market, well-defined and compelling products or services with a clear competitive advantage, and an outstanding team. We were early investors in BlockFi, where Jon was a foundational member of the team and contributed to the spectacular growth of the business. That experience, combined with the team’s excitement and motivation, will revolutionize the gaming space.” 

Wallet Not Needed: Traditional gamers on consoles and PC will now seamlessly earn crypto rewards without needing a crypto wallet.

Kooshul Jhaveri is an investor via Tiger Global. “The combination of gaming and Web3 presents exciting opportunities, and GamerGains has demonstrated the clarity to focus on the most dedicated gaming enthusiasts with deep and durable communities. The team’s understanding that traditional gaming is at the heart of this evolving market, and yet remains underserved for the future.” 

Founders

GamerGains co-founders are Jon Brovda and his brother Jacob Brovda, and Kane Jeong. The Brovda brothers have spent a collective 40,000 hours gaming. They say they were frustrated by third-party gaming platforms, which had “rampant scoring disputes, payment fraud, high fees, and inadequate technology.”

The co-founders were early adopters of cryptocurrencies, first dipping into crypto in 2012. They say that they “understand the potential to leverage blockchain technology to enable borderless, seamless, and transparent rewards and tournament wagering, reimagining the future of competitive gaming.”

GamerGains will launch in beta for PC games later this year, and consoles after that.

To sign up for the waitlist to beta test the platform and join the GamerGains Discord click here.



Got something to say about gaming with a wallet not needed, or anything else? Write to us or join the discussion in our Telegram channel. You can also catch us on Tik Tok, Facebook, or Twitter.

Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Exodus Exodus Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Exodus Exodus Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024

Trusted

Disclaimer

Following the Trust Project guidelines, this feature article presents opinions and perspectives from industry experts or individuals. BeInCrypto is dedicated to transparent reporting, but the views expressed in this article do not necessarily reflect those of BeInCrypto or its staff. Readers should verify information independently and consult with a professional before making decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Nicole-Buckler.png
Nicole Buckler
Nicole Buckler has been working as an editor and journalist for over 25 years, writing from Sydney, Melbourne, Taipei, London, and Dublin. She now writes from the Gold Coast in Australia. Nicole first bought Bitcoin in 2013 not really understanding what she was doing. She is an accidental HoDLer. Got a story on the culture side of crypto? Email [email protected]
READ FULL BIO
Sponsored
Sponsored