UAE-based blockchain startup The Game Company (TGC) has announced a significant $10 million funding round to revolutionize cloud gaming.
Led by Telcoin and its CEO Paul Neuner, along with BullPerks, Singularity DAO, and NodeMarket, this investment will support the deployment of TGC’s native cryptocurrency token and the public launch of their product later this year. This follows an initial raise of $5 million in April 2023, bringing their total funding to $15 million.
TGC is setting the stage to compete with giants like NVidia and Amazon by offering a unique cloud gaming service that relies on proprietary low-latency technology to enable lag-free gameplay on any device.
This technology simplifies the gaming experience, allowing users to play mainstream titles such as Call of Duty and Fortnite without the need for specialized hardware.
“The Game Company’s cloud gaming platform perfectly aligns with the Telcoin Association’s vision,” said Paul Neuner, co-founder and CEO of Telcoin. “By leveraging mobile operator infrastructure globally to connect users with premium gaming experiences, they demonstrate exactly how Telcoin Network can transform access to web3 services worldwide through existing telecom channels.”
Expanding Access and Enhancing User Experience
The company’s platform is already making waves, with over 500,000 users waitlisted. The recent funding will enhance TGC’s platform integration within both web3 and web2 ecosystems. CEO Osman Masud highlighted that the funding “validates our approach to addressing gaming worldwide and making it accessible to people anywhere in the world, without any hardware or software restrictions.”
Strategic Partnerships and Global Testing
TGC is not just developing technology but also fostering strategic partnerships. In September 2024, they announced a collaboration with Aethir, a provider of decentralized GPU-based compute infrastructure.
Additionally, their platform has been alpha-tested in over 33 regions globally, with significant traction in the UAE, demonstrating robust user engagement and blockchain transaction activity.