This week, gaming startup Banger Games has raised over $10 million in a seed funding round involving Polygon, Avalanche, Shima Capital, and more. The company aims to upgrade the gamers’ NFT experience by building the first blockchain-focused gaming hub. Surprisingly, one of the first P2E games to be released via the platform is the iconic CS:GO, already in its beta-testing phase!
In order to achieve their goal, Banger Games will integrate in-game achievements, NFT rewards, and an innovative P2P cloud gaming to facilitate unused processing power transfer. Thanks to these features (and more!), the new platform will combine the pleasure of gaming with the latest blockchain technology.
Banger Games brings CS:GO P2E Gaming to the market
Basically, the Banger Games platform addresses the issue of blockchain game producers focusing more on profit and less on gamers. As a result, its upcoming tokenomics will bring freedom and equality among players and publishers – all while facilitating NFT trading.
“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,” says the company CEO, Borja Villalobos. “Banger is the platform aimed at unifying this ever-increasing ecosystem into one central point in the gaming universe”.
In order to achieve their goal, the platform will use smart contracts to generate automated SMART Tournaments. This innovative tech feature is already tested on the widely popular game CS:GO for a flawless P2E experience.
What’s more, this immersive digital experience will also include in-game achievements and exclusive Battle Passes. Of course, the Bangers Game hub aims to integrate Chainlink, Polygon, and IBM tech into its platform too. As a result, players will enjoy gaming at its fullest while becoming an active part of the developing crypto sphere.
NFT integration will undoubtedly play a huge role in the gaming hub too. In fact, the platform’s own currency, Banger Coins, will facilitate NFT item trading among players for a smooth experience.
Raising over $10M in a seed funding round
Of course, the revolutionary Banger Games project wouldn’t be possible without a group of powerful investors. In order to bring their vision to life, the Banger Games team receives financial support from angel investors such as Neo Tokyo and Polygon Co-Founder Jaynti Kanani.
In a recent statement, Kanani confessed that he loved “the idea of leveraging activity across different games empowering users to monetize their gaming experiences.”
Many other notable investors share Kanani’s view on the startup. As a result, Banger Games raised over $10M from companies such as Flori Ventures, Squares Capital, CSP DAO, Avalanche, Shima Capital, and more.
Surprisingly, the round was based on ticket size limits to prevent a single investor’s domination. Therefore, Banger Games will become a community-led platform with top technology, blockchain games, and tokenomics.