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On April 22nd Michael Cameron the CEO and Co-founder of Game Space announced that it has released one of the first GaaS “GameFi as a Service” Platform. Game Space announced it has received funding of more than US $7 Million. The round is led jointly by top-tier VCs and Listed Gaming companies, as well as top-tier Exchanges.
Game Space offers a GameFi as a Service to large gaming companies, AAA titles and one line code SDK integration. It also provides an NFT exchange engine that is embedded in games. This helps the GameFi project reduce the time it takes to launch and significantly lowers the barrier for companies entering into Web3.
Game Space is a single-stop solution for AAA gaming studios. This ensures that there are no restrictions for Gaming companies Game Space partners with. Game Space has a flexible Tech stack and is compatible with non-EVM public chains. Game Space’s SDK integration allows for seamless compatibility with all gaming engines, so there is no restriction or incompatibility. GameSpace strongly believes that GameFi as a service is the next step in Web3 growth.
DappRadar reports that major VCs have invested $4b in GameFi for 2021, up from $80m in 2020. In 2021, GameFi’s capital investment is 55,000% more than it was in 2020. Additionally, in 2022, $6b in additional funding has been made in GameFi for companies like Mobox, Sandbox, and Epic Games.
It is clear to see how OpenSea, Rarible, and other high-end NFT marketplaces have disrupted Web2 service providers. Game Space is a gaming company that offers a GameFi as a Service platform to help its Web1 or Web2 games seamlessly transition to Web3.
Gaming companies would use the Game Space GaaS model.
Web3’s adoption has been driven by instant gratification. Businesses want easy access to the core services provided by others. Deloitte leader Mohit Mehrotra says “There are several other forces driving the popularity of “software as a service” including the desire for personalization and access instead of ownership. GaaS is also democratizing business functions. Companies do not have to invest time or money in building departments, software or other infrastructure. Now, they can deploy ready-made GameFi Games”
Eight out of 10 companies say “software as a service” has helped their organization reinvent business processes, develop new products and change how they sell to customers. Game Space also offers more options than those already listed.
With the “GameFi” industry being so successful, it’s very clear why Game Space has had so much success so far raising an initial financing seed round of more than US $7 million from very accredited Investors, VCs Listed Gaming companies and Exchanges with their current seed round ending in Q3 of 2022 and their private round open until Q4, Enabling Game Space with the resource’s to work with Large AAA Gaming Studios.
Gamers cannot update their systems quickly enough to Web3 to meet market demands. People expect instant updates and changes. The reason for Game Spaces’ early success is their ability to work with large AAA gaming studios to help them upgrade their games to Web3 in a matter of days and be able to add or remove what they need in real-time and at their own will. GameSpace has assisted in the transition of traditional gaming businesses to GameFi Applications. GameFi Software combines GaaS software, allowing for solutions that meet every consumer and business’ needs.
Gaming and Game Space: How Game Space combines
Gaming is an ideal fit for the Game Space model. Small to medium-sized companies need to compete effectively in an overcrowded market. Game Space allows businesses to create a multi-chain solution directly for consumers without needing to develop anything. All the tools a business requires are at their fingertips.
Game operators have the ability to distribute NFTs easily through Mystery Boxes and Airdrops using Game Space Management System. Listings are also possible. Game Space can also be used to connect multiple networks and chains with a single button deployment. This allows gaming companies to quickly publish on major public chains such as SOL, ETH, POLYGON, SOL, SOL, SOL, POLYGON etc.
Michael Cameron said also that Game Space GameFi as a Service was in development since more than a full year. This money will go towards the continued development of GaaS, such as the NFT Exchange Engine, Multi-Chain Deployment, Enterprise Admin Panel, Gaming DAO Components, Cross-Game NFTs and more.
Game Space handles all the technical requirements of maintaining a secure and reliable system. This is a difficult task that can cost a lot to hire specialized teams to do. However, the Game Space GaaS platform allows you to cut down on your upfront costs and save as much time as developing such an application in-house.
Game Space’s ideal fit is that they have all the resources, knowledge, technology stacks, partners, SDK, and people to help Gaming businesses. Businesses can use Game Space to help them focus on the things they excel at and outsource those parts that they don’t have as much control over. Game Space acts as a plug-and-play system, so companies can choose the business services they need and forget the ones they don’t. Game Space will be the next evolution of GaaS and continue to collaborate and connect with top businesses and gaming guilds all over the globe.
Game Space already has a strategic partnership with several listed gaming companies. Several AAA-rated games titles have already tested access to the Game Space GaaS platform. The titles are used by more than 10,000,000 people in countries such as South East Asia and Japan. They are scheduled to finish the chain reform by Q2 this year, and will release blockchain-based versions of their games by 2022.
Game Space can be reached at http://game.space, or via their Twitter account. https://twitter.com/Gamespace_NFTs
Get more information here
https://linktr.ee/Gamespacenft
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