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Gate Ventures Backs double jump.tokyo: A Big Leap for Web3 Gaming in Japan
Reinout te Brake | 05 Sep 2024 15:37 UTC
In the rapidly evolving landscape of blockchain technology and web3 gaming, strategic investments play a critical role in propelling innovative companies to new heights. One such pivotal move has recently been made by Gate Ventures, marking a significant step in nurturing the growth of blockchain technology and web3 gaming ecosystems worldwide.
The Strategic Investment in web3 Gaming's Forefront Company
With a $10 million funding round led by SBI Investment, Gate Ventures has proudly announced its strategic investment in double jump.tokyo Inc., Japan's premier web3 gaming company. This collaboration not only underlines Gate Ventures' dedication to fostering blockchain technology's progress but also denotes a substantial commitment to enhancing the web3 gaming ecosystem on a global scale. The participation from industry giants such as Sony Group Corporation, Taisu Ventures, and Kitadenshi Inc., among others, in this funding round, further signals a strong belief in the growth and potential of blockchain games and infrastructure.
Fueling Innovation and Growth in Blockchain Gaming
Since its establishment in 2018, double jump.tokyo has led the charge in blockchain game development, earning accolades for titles like "My crypto Heroes." Their innovative approach has not only resulted in successful partnerships with major gaming corporations but also in the development of robust blockchain infrastructure. With the support of Gate Ventures and other leading investors, double jump.tokyo is set to further cement its role as a catalyst in the wide-scale adoption of web3 technologies.
Kevin Yang, Managing Partner at Gate Ventures, has expressed excitement over becoming a strategic investor in double jump.tokyo, citing the company's unique positioning for success, thanks to its visionary leadership, wealth of IP resources, and strong engineering capabilities. The partnership is a testament to Gate Ventures' faith in the future of web3 gaming and its potential to revolutionize how games are developed, distributed, and experienced by users worldwide.
Leveraging Investment for Expansion and Innovation
The application of the funds from this recent investment round is targeted at expanding double jump.tokyo's organizational capacity, attracting vanguard talent, and further investing in the joint development of blockchain games with pivotal partners. These initiatives are vital for propelling the mass adoption of web3 technologies, especially within the gaming sphere, as outlined by Hironobu Ueno, CEO and Founder of double jump.tokyo Inc. The company’s commitment to driving mass web3 adoption, with a keen focus on the blockchain gaming market, remains unwavering.
About Gate Ventures
As the venture capital arm of one of the world's premier cryptocurrency exchanges, Gate.io, Gate Ventures has carved a niche for itself by investing in state-of-the-art projects and companies within the blockchain and web3 ecosystems. Through its support for visionary entrepreneurs and disruptive technologies, the firm aspires to quicken the adoption and integration of blockchain solutions across myriad industries, paving the way for a more interconnected and technologically advanced future.
About double jump.tokyo Inc.
Emerging as a leading startup in Japan since its inception in 2018, double jump.tokyo Inc. specializes in web3 solutions and the development of blockchain games. The company prides itself on being a technology solution provider that facilitates large-scale enterprises in seamlessly integrating blockchain technologies into their games and business strategies. Aiming at the mainstream adoption of blockchain technologies within the global gaming and entertainment sectors, double jump.tokyo Inc. is steadfast in leveraging their expertise to usher in a new era of digital interaction and entertainment.
In conclusion, the strategic investment by Gate Ventures into double jump.tokyo Inc. marks a significant milestone in the journey towards a more widespread adoption of web3 and blockchain technologies, particularly within the gaming industry. This collaboration not only highlights the potential for innovative and disruptive technologies to reshape our digital experiences but also sets the stage for continued growth and development in the web3 gaming sector.