AI
Saudi Arabia
UAE
EgyptPlaysOut Secures $7M Seed Round to Revolutionise Mini-Games with Blockchain Twist
2 min
PlaysOut has raised $7 million in seed funding, led by OKX Ventures.
The platform enables developers to launch mini-games on Telegram, Discord, and YouTube.
Integration of blockchain features streamlines processes for developers and players.
Funds will enhance the game ecosystem, form partnerships, and improve market presence.
PlaysOut plans to release their embedded SDK, facilitating easier blockchain integration.
The mini-game platform PlaysOut has just bagged a cool $7 million in a seed funding round, with OKX Ventures leading the charge. KBW Ventures and Pacific Century Group also pitched in, marking a pretty promising start for the fledgling company.
PlaysOut isn't your run-of-the-mill gaming setup. They're all about helping developers get their mini-games out to popular platforms like Telegram, Discord, and YouTube. What's more intriguing is that it also folds blockchain features neatly into its infrastructure, making life easier not just for game devs but for players too.
With this fresh batch of cash in the bank, PlaysOut has plans to spruce up their ecosystem of games, forge a few savvy partnerships, and polish their overall market presence. Especially exciting is the planned release of their embedded Software Development Kit (SDK) in May, which should streamline how developers integrate blockchain into their creations.
The backing by OKX Ventures, a well-known investor with strong roots in blockchain tech, certainly speaks volumes. Their involvement highlights just how much mini-games are capturing investors' imaginations nowadays, especially when a blockchain twist is thrown into the mix.
KBW Ventures and Pacific Century Group aren't strangers to innovative tech investments either, and they're undoubtedly bringing some solid know-how and valuable networks to help PlaysOut scale. It's clear that having them onboard won't just open doors; it'll help PlaysOut broaden its variety of mini-games and pull in plenty more developers.
Apart from developing its own offering, PlaysOut are also eyeing up strategic alliances across gaming and blockchain industries. These partnerships will be key to broadening its audience and creating a fully immersive, engaging experience. After all, nobody likes a dull game, right?
Overall, securing $7 million at such an early stage sets PlaysOut up nicely. It's an important milestone that should pave the way for growth and some fresh game-chaging ideas. With big names like OKX and KBW backing them up, PlaysOut are clearly prepared to take the mini-game sector by storm–one blockchain-powered game at a time.
