GamerGains Lab is a technology company.
GamerGains Lab has raised $6.0M across 1 funding round.
GamerGains Lab has raised $6.0M in total across 1 funding round.
GamerGains Lab has raised $6.0M in total across 1 funding round.
GamerGains Lab's investors include Alumni Ventures, Cadenza Capital Management, Lerer Hippeau, Lightbank, Tiger Global Management, UpHonest Capital, Mark Pincus.
GamerGains Lab is a Miami-based technology company founded in 2022 that builds the first-ever token and cryptocurrency-based "play and earn" platform for traditional PC and console gamers on platforms like Xbox and PlayStation.[1][2] It serves a global community of hundreds of millions of casual and competitive gamers by offering an easy-to-use interface for automated contests, challenges, leaderboards, tournaments, and a marketplace, enabling users to earn crypto rewards through impartial, transparent competitions with instant payouts.[1][2][3] The platform solves key barriers in gaming monetization—technological complexity, economic access, and professional gatekeeping—by integrating Web3 innovations without requiring blockchain expertise, while supporting popular titles and fostering e-sports opportunities.[2][3][4] With 6 employees, under $5M in revenue, and $5.8M raised in seed funding from investors like BlockFi, FTX, CMS Holdings, GFC, and Lightbank, the company shows early momentum in development and investor backing.[1][5][6]
GamerGains Lab emerged in 2022 from the vision of co-founders Jon Brovda (CEO), Jacob Brovda, and Kane Jeong, who sought to blend traditional gaming passion with Web3 to create fair earning opportunities.[2][5] Jon Brovda brought expertise from BlockFi, where he scaled client services and product management as the company grew from 1,800 to over 600,000 users; Jacob came from DraftKings as a product designer in fantasy sports; and Kane contributed senior software engineering from ClickUp's productivity platform.[2] The idea crystallized amid the crypto boom, addressing how existing play-to-earn models alienated mainstream gamers by focusing on niche blockchain games rather than consoles.[2] Early traction included a $5.8M seed round announcement, signaling strong backing and platform development progress.[6]
GamerGains Lab rides the convergence of gaming and Web3, tapping into a $200B+ traditional gaming market underserved by play-to-earn models that demand crypto wallets and NFT games.[1][2] Timing aligns with maturing crypto infrastructure post-2022 downturns, enabling seamless fiat-to-crypto bridges for mass adoption amid rising e-sports and gamer economies.[2][6] Favorable forces include explosive console growth (hundreds of millions of users) and investor interest in "real yield" gaming, positioning it to influence by onboarding traditionalists to blockchain via familiar titles.[1][5] It expands the ecosystem by democratizing earnings, potentially boosting game publisher integrations and challenging centralized platforms like DraftKings.[2][3]
GamerGains Lab is poised for platform launch and user scaling, leveraging seed capital to refine contests and expand console support amid Web3 gaming recovery.[3][6] Trends like mainstream crypto wallets, AI-driven matchmaking, and regulatory clarity on gaming tokens will accelerate growth, while partnerships with titles could drive viral adoption.[2] Its influence may evolve from niche innovator to ecosystem bridge, monetizing idle gameplay for millions and redefining "play and earn" beyond hype—ultimately fulfilling its promise as a crypto-enhanced home for traditional gamers.[1][2]
GamerGains Lab has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $6.0M Seed | Alumni Ventures, Cadenza Capital Management, Lerer Hippeau, Lightbank, Tiger Global Management, UpHonest Capital, Mark Pincus |