In a significant stride towards transforming the gaming industry through the power of Web3 technology, NexGami proudly announces the successful completion of its seed round financing, securing a total of $2.5 million. This funding milestone marks a pivotal moment in NexGami’s journey, propelling its mission to integrate traditional gaming with the innovative capabilities of Web3 technology.

Led by Metalpha, a globally renowned digital asset-focused wealth management company, the seed round garnered strong support from esteemed investors, including KuCoin Ventures, HTX Ventures, Gate Labs, Ledger Capital, Tide Group, OIG, XT.com, Lbank, Kekkai, IBC Group, and various angel groups. This diverse backing underscores the industry's confidence in NexGami's vision and its potential for exponential growth.

Empowering the Future of Web3 Gaming

The $2.5 million seed round funding will play a pivotal role in advancing NexGami's platform, which seeks to establish itself as the premier destination for hosting competitive gaming events across a multitude of titles. NexGami's overarching mission is to bridge the gap between traditional gamers and the Web3 ecosystem, offering them tangible benefits through tokenomics. The platform will provide seamless integration for developers, allowing users to organize tournaments, compete for rewards, and share gaming experiences.

Expressing gratitude for the investor support, Brice Bian, Founder and CEO of NexGami, stated, "We are immensely grateful for the support from our investors, which will enable us to accelerate our development and bring our vision of a revolutionary Web3 gaming platform to life."

Building on Pre-Seed Success

The success of the seed round builds upon the momentum generated by NexGami's $2 million pre-seed funding round completed in November 2023. This earlier round propelled the company to a post-investment valuation of $20 million and garnered enthusiastic participation from renowned investment institutions, including Polygon Ventures, Fundamental Labs, and Ledger Capital, among others. The pre-seed funding marked a pivotal moment in NexGami's trajectory, showcasing robust investor faith in the company's vision and potential.

An exciting aspect of the pre-seed development was the strategic alignment of NexGami's platform within the dynamic Polygon gaming ecosystem, highlighting its commitment to seamless integration solutions and enhancing the gaming experience for users within the Polygon network.

$NEXG Launches Across Five Major Launchpads

In addition to the successful seed round, NexGami is thrilled to announce the launch of its token, $NEXG, across five major launchpads, expanding its reach and fostering community engagement. The Initial DEX Offering (IDO) commenced on DAO Maker on May 27, 2023, followed by launches on ENJINSTARTER, SeaPad, and BRCStarter on May 30, 2023. The IDO on GameFi is set to begin on May 31, 2023. Further details about the IDOs can be accessed on NexGami's official website and Twitter.

$NEXG on KuCoin’s BurningDrop

Moreover, NexGami's token, $NEXG, will be available on KuCoin's BurningDrop platform starting from 9:00:00 UTC on May 27, 2024. Users can participate by staking and burning KCS to earn $NEXG rewards, further enhancing community involvement and token liquidity.

With the successful completion of the seed round financing and the launch of $NEXG across prominent platforms, NexGami is poised to redefine the landscape of Web3 gaming, ushering in a new era of innovation, accessibility, and community-driven gaming experiences.