Gameplay Galaxy, creators of the blockbuster Trial Xtreme franchise, has announced the successful extension of its recent seed funding round. The extension offers an additional $11 million in capital, bringing the total funded amount to $24 million.
This investment, led by Blockchain Capital and Merit Circle can underscore the growing confidence in Gameplay Galaxy’s innovative approach to Web3 gaming and its potential to disrupt the market. Trial Xtreme Freedom is positioned to lead the transition from Free-to-Play (F2P) to Web3 broad adoption by introducing new player centric digital ownership utilization models.
One specific feature that is expected to make waves is track ownership, empowering track owners to hold their own tournaments, and special events. Players will also be able to craft, upgrade, own their bikes and earn tokens through their in-game experiences. These Web3 features will bring a new level of player ownership set on a foundation of best-in-class gameplay.
We believe that Web3 represents the natural evolution of the Free-to-Play model, paving the way for the most significant transition in gaming history. This new paradigm not only enhances player engagement but also opens up unprecedented opportunities for the emergence of new gaming giants. We’re excited to be at the forefront of this revolution, driving innovation and creating value for our players and stakeholders.”
Doron Kagan, Founder and CEO of Gameplay Galaxy
“Our players are and will always be our focus. Trial Xtreme Freedom is ground zero where our decades of successful game development and Web3 innovation collide. We are here to revolutionize the entire gaming industry by empowering players to have meaningful ownership in a frictionless gaming experience, all while having fun setting new track records.”
Maya Gurevich, Founder and COO of Gameplay Galaxy
“Through our investment career, spanning seed VC to hedge fund public equities, we have invested into the video game industry and realize that it’s incredibly challenging, requiring the right blend of talent, technology, and leadership.
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. We believe that Doron, Maya, and their dedicated team, with over 300 million downloads under their belt and a deep understanding of blockchain, have the expertise to create the first web3 game to achieve widespread mainstream success.”
Bart Stephens, GM at Blockchain Capital
About Gameplay Galaxy
Gameplay Galaxy is the game development studio behind the Trial Xtreme Series, a leader in the mobile games sport and racing category. Their mission is to deliver the world’s first Web3-powered, competitive extreme sports ecosystem.
About Blockchain Capital
In 2013, Blockchain Capital started the first venture capital fund dedicated to crypto builders. They have over $2 billion in assets under management and are actively investing out of their sixth multi-stage fund.
They leverage their industry experience, conduct diligent research, and always put their founders and teams first.
