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Gameplay Galaxy raises $24M to build Web3 competitive ecosystem


Gameplay Galaxy announced today that it has raised $24 million in its seed round to build out a competitive Web3 esports ecosystem.

GamesBeat asked Kagan and COO Maya Gurevich about the transition to Web3, and they told us in an email, “Web3 isn’t just about changing the gaming landscape — it’s about redefining ownership and participation in the digital world. By focusing on a seamlessly gamified onboarding experience and integrating elements like digital ownership and decentralized economies into familiar gaming settings, we create a more immersive and engaging environment. Bart Stephens, GM at Blockchain Capital, added in a statement, “We have witnessed numerous VCs pour hundreds of millions into Web3 games, and we have not been interested — until we met the Trial Xtreme team.

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