Banger Games Launching the World’s First Blockchain Gaming Hub
Banger Games has announced that it has successfully raised EUR 10 million ($11.37 million) to build a blockchain gaming hub. The team has hinted that the Banger blockchain gaming hub will be dedicated to aggregating players and creating a second layer of revenue for gamers regardless of publisher, game, or platform.
Banger Global Blockchain Gaming Hub
According to statistics put together by techjury, a platform dedicated to drafting detailed unbiased reviews of business software solutions, and more, over 2.5 billion people in the world play games, and the global gaming market is expected to reach $256.97 billion by 2025.
However, Banger Games, a blockchain project aiming to open new possibilities for empowering gamers, says the exponential growth witnessed by the gaming industry over the years, has made the ecosystem to be more focused on profits, walled gardens, and microtransactions and less on fun, effectively treating gamers as products.
In a bid to permanently nip this worrying situation in the bud, Banger Games is aiming to establish one shared currency and economy for gamers, to set them free from the current walled gardens.
Banger Games Raises Over $11 Million
Now Banger Gams has successfully raised EUR 10 million to become the first gaming hub that – regardless of game, publisher, or platform – aggregates players’ gaming experiences, organizes, and informs while adding a second layer of rewards based on in-game and community objectives.
Some of the investors that participated in the Banger Games funding round include Avalanche, Shima Capital, GSR, Flori Ventures, Pools Ventures, G20, LucidBluee Ventures, Belobaba Fund, Squares Capital, CSP DAO, Halvings Capital, OIG Capital, BigCoin Capital plus angel investors Jaynti Kanani, Co-founder of Polygon, DAOs, and more.
The Banger Games team has made it clear that gamers in its new ecosystem will have opportunities to compete, challenge themselves, earn, trade, and enjoy their gaming experience to its fullest.
The team says the round included strict ticket size limits to create a level playing field for all contributors and make it impossible for any single whale to dominate. This way, Banger Games will be able to achieve its goal of creating a community-led project where the voice of individual community members could make a difference.
Borja Villalobos, CEO of Banger Games said:
“As the industry has exploded in different directions (crypto, metaverse, VR, Indie Publishers, play-to-earn) we are certain that gamers feel more disconnected than ever. Banger is the platform aimed at unifying this ever-increasing ecosystem into one central point in the gaming universe.”
The Banger Games platform will feature automated SMART Tournaments powered by smart contracts and the team says it is currently testing a closed beta of the system on CS:GO. It will also include advanced features such as a Battle Pass, in-game achievements, an anti-cheat client built with IBM, as well as P2P cloud gaming which will make it possible for gamers to share their unused processing power.
In addition to IBM, Banger Games will also tap Chainlink and Polygon solutions. Banger Games will reward gamers with NFTs, Banger Coins, and other prizes offered by top brands and influencers.
Game publishers will also enjoy numerous benefits on Banger games, including an SDK that will connect all types of video games to the Banger Games ecosystem, new monetization tools, and more.
Jaynti Kanani, the Co-Founder of Polygon said:
“My investment in Banger Games was an easy decision. I love the idea of leveraging activity across different games empowering users to monetize their gaming experiences. This is why the Bangers approach and the team they’ve assembled to make it happen has resonated with me from day one.”
