Binance Labs Invests $1.5 Million in GAMEE

Binance Labs, Binance’s venture capital arm and incubator, has revealed a new strategic investment of $1.5 million in GAMEE, Animoca Brands’ play & earn mobile gaming platform subsidiary.

These really are significant developments both for Arc8 as well as G-Bots, the GMEE-powered blockchain gaming exposure. Arc8 is on track to be the blockchain’s amusement, with over 300,000 monthly active users as one of the best Decentralized applications on the Polygon system. G-Bots are cross-platform NFTs that can be upgraded and bred. They are presently available on the Arc8 forum, with exclusive token competitions for G-Bot holders.

This new investment will increase the development of all GAMEE product lines, with Arc8 now being the decentralized play and earn blockchain technology gaming launching pad and the G-Bots becoming the 1st project to be debuted in this manner with their very own token. GAMEE’s interactive gaming product lines and user-friendly customer experience continue to pave the way for wide audiences to dive into blockchain technology.

GEMEE is delighted to welcome Binance Labs as a potential investor to help them accelerate their development and build a better future of gaming based on solid ownership of digital assets. GAMEE is indeed the best mobile gaming platform that understands play-to-earn methods in depth. Binance Labs is ecstatic about this collaboration to take blockchain gaming to another level.

This official statement will enable the firm to develop and grow its route map at a faster rate as the play and earn an area in the metaverse continues to expand.

About Binance Labs

Binance Labs recognizes, puts money in, and emboldens viable blockchain startups, innovators, and communities, as well as provides funding to industry projects that contribute to the overall growth of the blockchain ecosystem. Binance Labs is dedicated to assisting fast-moving teams that have a positive impact on the crypto space.

About GAMEE

GAMEE is a play-to-earn mobile gaming platform that benefits gamers for their talent and experience. GAMEE, an Animoca Brands subsidiary, was founded in the Czech Republic in 2015. It has forty million registered users and continues to serve over 5.3 billion game sessions. Animoca Brands is a leader in digital entertainment, blockchain, and gamification, as well as a Deloitte Tech Fast winner and a Financial Times list of High Growth Companies Asia-Pacific 2021. It creates and distributes a diverse range of products, including the REVV and SAND tokens. Animoca Brands has over 150 investments in NFT-related companies and decentralized projects that are helping to build the open metaverse, including Axie Infinity, OpenSea, and Dapper Labs.

Source: https://www.cryptonewsz.com/binance-labs-invests-1-5-million-usd-in-gamee/