BlockGames, a company at the forefront of decentralized gaming technology, has recently announced that it has secured $6 million in funding to develop its “Universal Player Profiles” concept. The goal is to enhance how player data is managed across mobile gaming platforms.
This significant investment round was led by several leading venture capital firms, including Newman Group, 32-Bit Ventures, Cypher Capital, and Sfermion Capital.
BlockGames is focused on creating a decentralized protocol that gives importance to user privacy and data ownership. They have introduced the concept of Universal Player Profiles which is aimed at empowering gamers by making the process for game platforms to integrate and manage user data more straightforward. This approach not only improves player experience but also makes the user onboarding process for gaming platforms more efficient, creating a mutually beneficial scenario for both players and game developers.
Empowering Gamers and Attracting Partners
BlockGames has rapidly gained traction within the gaming community, boasting over 800,000 active Universal Player Profiles through its premier application, Rewarded Play. This achievement underscores the platform’s appeal and its potential to reshape the gaming landscape. Furthermore, BlockGames has forged partnerships with over 200 mobile games from top publishers, illustrating the wide-reaching interest in its technology.
The company envisions these Universal Player Profiles as more than just a tool for gamers; they represent a significant shift towards giving players a stake in the gaming ecosystem. Players can now consolidate their gaming achievements, on-chain activities, and social reputation into a single, comprehensive profile. This innovation benefits game developers as well, offering them valuable insights into player engagement and preferences.
A Diverse Support Network
The funding round attracted attention not only from venture capital firms but also from a diverse group of Web3 companies and notable figures in the blockchain gaming and technology sectors. This broad support network, including influential angels like Jiho from SkyMavis and Sebastien Borget from The Sandbox, highlights the wide-ranging endorsement of BlockGames’ vision.