Gameplay Galaxy claims to be the first web3-based and decentralized competitive gaming platform. It was developed by the creators of the leading web2 gaming series “Trial Xtreme.” The platform was to initially support “Trial Xtreme,” allowing users to earn in-game assets (including NFTs) by competing in its bike racing games. Along with this, players could also earn income by hosting tournaments and events. The company’s last funding round in September 2022 saw it raise USD 12.8 million in seed funding led by Blockchain Capital. The fresh funds were allocated to build new games and features for the platform, develop its wallet offering, onboard web2 users, and expand its development team.
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