Binance Labs Announces Investment in Blockchain-based Game Developer GOMBLE

On April 20th, it was announced that Binance Labs has promised to invest in GOMBLE\’s seed round financing, but the amount of funds has not been disclosed. It is reported that GOMBL

Binance Labs Announces Investment in Blockchain-based Game Developer GOMBLE

On April 20th, it was announced that Binance Labs has promised to invest in GOMBLE’s seed round financing, but the amount of funds has not been disclosed. It is reported that GOMBLE is a blockchain based game developer and a subsidiary of Korean leisure mobile game publisher 111Percent.

South Korean chain game developer GOMBLE receives seed round financing from Binance Labs

In a recent announcement made on April 20th, Binance Labs has promised to invest in GOMBLE’s seed round financing. GOMBLE is a subsidiary of Korean leisure mobile game publisher 111Percent and focuses on developing blockchain-based games. Although the amount of funds invested by Binance Labs has not been disclosed, this announcement marks a significant step for GOMBLE towards expanding their operations in the gaming industry.

The Growing Demand for Blockchain-based Games

The gaming industry is witnessing a surge in the integration of blockchain technology, and for good reason. Blockchain technology offers several advantages when it comes to gaming, including increased transparency, security, and player ownership. Blockchain-based games allow players to own their virtual assets and give them the ability to trade or sell them as they see fit. This model leads to a more sustainable and profitable gaming industry, with gamers having a greater say in how they choose to use their in-game assets.

GOMBLE’s Focus on Blockchain-based Gaming

GOMBLE, a subsidiary of Korean leisure mobile game publisher 111Percent, is a leading developer of blockchain-based games. The company’s focus is on creating games that are not only fun to play but also offer players the ability to own their virtual assets. GOMBLE’s games are built on the Ethereum blockchain, providing players with a secure and transparent environment to play in. The company has already gained a lot of traction in the gaming industry, with its popular game ‘Crypto-Oink’ gaining over 20,000 users globally.

Binance Labs’ Investment in GOMBLE

Binance Labs, an investment arm of one of the world’s largest cryptocurrency exchanges, Binance, has announced its decision to invest in GOMBLE’s seed round financing. While the amount of funds invested has not been disclosed, this investment represents a significant milestone for GOMBLE. Binance Labs is known for investing in innovative blockchain projects and has previously invested in several gaming projects. With Binance Labs’ investment, GOMBLE will have access to both financial resources and strategic guidance, ensuring a bright future for the company and its games.

The Future of Blockchain-based Gaming

The integration of blockchain technology into gaming is still in its early stages, but the potential for growth is enormous. Developers like GOMBLE are leading the charge towards a more sustainable and profitable gaming industry, one in which players can own and trade their virtual assets. Binance Labs’ investment in GOMBLE is a testament to the potential of blockchain-based gaming and represents a stepping stone towards future investment and growth in this sector.

Conclusion

The integration of blockchain technology into gaming is still in its nascent stages, but the industry has already seen the emergence of several promising projects. GOMBLE, backed by Binance Labs’ investment, is emerging as a leading developer of blockchain-based games, offering gamers greater ownership and control over their virtual assets. The future of blockchain-based gaming looks bright, with continued growth and innovation expected in the years to come.

FAQs

**1. What is GOMBLE?**
GOMBLE is a subsidiary of Korean leisure mobile game publisher 111Percent and is focused on developing blockchain-based games that allow players to own their virtual assets.
**2. What is Binance Labs?**
Binance Labs is an investment arm of Binance, one of the world’s largest cryptocurrency exchanges. It invests in innovative blockchain projects and has previously invested in several gaming projects.
**3. Why is blockchain technology important for gaming?**
Blockchain technology offers several advantages for gaming, including increased transparency, security, and player ownership. Blockchain-based games allow players to own their virtual assets and give them the ability to trade or sell them as they see fit.

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