Degame
Degame is a technology company.
Financial History
Degame has raised $11.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Degame raised?
Degame has raised $11.0M in total across 2 funding rounds.
Degame is a technology company.
Degame has raised $11.0M across 2 funding rounds.
Degame has raised $11.0M in total across 2 funding rounds.
Degame is a Singapore-based blockchain technology company developing DeGame, a GameFi platform designed as a Metaverse hub for play-to-earn (P2E) players to explore NFT games, track data, and access analytics.[1][2][3] It serves GameFi guilds, sponsorship providers, blockchain scholars, and investment institutions by offering services like token analytics, research, and gaming strategies, functioning as a Web 3.0 NFT game infrastructure platform under L2Y Research.[1][2] The platform addresses the need for centralized discovery, data tracking, and analysis in the fragmented NFT gaming ecosystem, with early funding from prominent crypto investors including Hack VC, NGC Ventures, Collinstar Capital, FBG Capital, and Avalanche Asia Star Fund, signaling growth momentum in the GameFi space.[1]
Degame emerged from Singapore-based blockchain company L2Y Research, focusing on building infrastructure for Web 3.0 NFT games with the launch of DeGame.com as a dedicated platform for game searching, data tracking, and analysis.[2] Key figures include Gordon Meyer, an Innovation and Marketing Advisor from Brooklyn, United States, and founder of Growth Studio, contributing expertise to the project's early development.[1] While specific founding dates for Degame are not detailed, its traction is evident through investments from crypto-native VCs like Hack VC and NGC Ventures, marking a pivotal moment in establishing it as a hub for P2E and Metaverse communities.[1]
Degame stands out in the GameFi landscape through targeted features and ecosystem integration:
These elements prioritize user-friendly discovery and insights in a niche, high-growth sector.
Degame rides the GameFi and Metaverse wave, capitalizing on the convergence of blockchain gaming, NFTs, and P2E models that exploded during the 2021-2022 crypto bull market and continue evolving amid Web 3.0 adoption.[1][2] Its timing aligns with surging demand for NFT game infrastructure as blockchain scalability improves (e.g., via partners like Avalanche), enabling seamless data tracking in a market projected to grow with mainstream gaming integrations.[1] Market forces like rising P2E economies and institutional interest in tokenized assets favor Degame, positioning it to influence the ecosystem by aggregating guilds, investors, and developers—fostering liquidity and strategy in an otherwise siloed space.[1]
Degame is poised to expand as a leading NFT game hub, potentially integrating AI-driven analytics or multi-chain support to capture more P2E traffic amid maturing Layer 2 solutions and regulatory clarity in crypto gaming. Trends like embedded finance in games and metaverse interoperability will shape its path, amplifying its role from tracker to full ecosystem enabler. As investor backing suggests, Degame could evolve into a key influencer, driving data-informed growth in GameFi and rewarding early P2E explorers with sustained platform utility.[1][2]
Degame has raised $11.0M in total across 2 funding rounds.
Degame's investors include Greylock, Shima Capital, Chris Larsen, Greg Kidd.
Degame has raised $11.0M across 2 funding rounds. Most recently, it raised $7.0M Series A in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $7.0M Series A | Greylock, Shima Capital, Chris Larsen, Greg Kidd | |
| Dec 1, 2021 | $4.0M Seed | Greylock, Shima Capital, Chris Larsen, Greg Kidd |