- Summary:
- Indian Web3 gaming platform, Glip has closed a $2.5 million funding round. We tell you about its success and unique approach to web3 gaming.
Glip, a Web3 gaming app that allows users to discover and play games, has raised $2.5 million. Beenext and previous investor Prime Venture Partners joined Hashed Emergent in leading the financing. The company plans to invest the money towards marketing campaigns targeted at attracting millions of gamers to web3. All of this works toward the ultimate goal of the platform, which is to become the most popular hub for online gamers on the third generation of the Internet.
Glip and its long-term web3 gaming aspirations
Glip’s early efforts were highly successful, as the company signed up 1 million users in the first three months. It achieved that by using cutting-edge techniques, and the process is still ongoing with web3 games. Popular Web3 gaming platform Glip is on the rise in India’s booming gaming industry. The game stays lean and helps forward the web3 gaming story by spending zero on marketing.
There are currently two primary obstacles in Web3 gaming: a lack of distribution channels and barriers to user onboarding. For this reason, Glip has developed a unified system to address both concerns. Even with the big losses in the crypto and NFT industries, Web3 gaming has shown its resiliency. The industry as a whole has experienced a downturn in growth, but gaming has performed significantly better than other blockchain subsectors.
Glip has quickly become the most popular web3 app in India among gamers. This program combines a search engine for new web3 games with video guides, tournaments, and missions for players to complete. Upon registering for the app, users get access to a social login, non-custodial, multi-chain and a gas-free wallet.
The Glip crew may be from India, but their clientele is international. Over 7 million people in India, Southeast Asia, and Brazil have downloaded its smartphone app so far. Glip’s super software for Web3 gaming is proof that the goal of Web3 technology is to bring people together from all over the world. The company has an organically expanding gaming community and is partnered with web3 games, putting it in a position to become a market leader.