Gameflip, an innovation-focused technology company creating the commerce engine for the gaming Metaverse, has secured $182,000 in new investment capital. This funding round marks a step in the company's mission to enable all ecosystem participants, including gamers, creators, brands, and developers, to connect, safely conduct commerce, and mutually share benefits within the digital gaming economy.
Since its launch in 2015, Gameflip has built a platform specializing in safe, secure, and highly scalable transactions for digital assets, including NFTs, digital goods, and services. The company boasts a community of 6 million members who have safely transacted over $120 million. Gameflip aims to make NFTs accessible and safe for the mainstream by combining its intuitive platform with blockchain technology that delivers transparent ownership and playable NFTs. Its platform utilizes environmentally friendly technology, ensuring transactions are secure with fiat or cryptocurrencies, do not require mining or gas fees, and have built-in regulatory compliance.
The $182,000 investment will be utilized to further develop Gameflip's commerce engine and scale its operations within the rapidly expanding gaming Metaverse. Led by serial entrepreneurs and veterans in the technology and gaming industries, the San Jose Bay Area-based company is backed by gaming investors such as Bullpen Capital, GoAhead Ventures, Lightbank, and PlayNext. This capital infusion is intended to support Gameflip's ongoing efforts to enhance its platform capabilities and expand its reach.
Looking ahead, Gameflip plans to continue its focus on innovation, aiming to solidify its position as a key player in facilitating secure and accessible digital commerce across the evolving landscape of the gaming Metaverse.
