The Venture Capital and incubator arm of Binance, Binance Labs has announced that they have invested US$1.5 Million in the play-to-earn mobile gaming platform, GAMEE.
Why did Binance Labs place a strategic investment in GAMEE? to directly quote Chase Guo, Binance Labs’s Investment director, “GAMEE is a top-tier mobile gaming platform with a deep understanding of play-to-earn mechanisms. We are excited about this partnership to bring blockchain gaming to the next level.”
The investment will be used by GAMEE to support its continued development of blockchain gaming experiences, drive product development and decentralization.
GMEE token was originally launched on Ethereum and bridged to Polygon and Binance Smart Chain.
The GAMEE token continues to excel among mainstream blockchain games that use it as a currency to purchase and act on GAMEE Products such as Arc8 and G-bots.
Arc8 introduced an esports approach to casual mobile gaming, is played by 300.000 gamers monthly and become one of the top Dapps on the Polygon network. G-Bots are cross-platform NFTs that are upgradeable and breedable, enhancing the Arc8 experience.
This investment will allow GAMEE to turn Arc8 into a blockchain launch pad of play-to-earn.
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