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Game Space
A GaaS service provider, providing GameFi one-stop service for large game companies
About Game Space
Positioned at the intersection of blockchain and digital entertainment, Game Space operates as a GameFi-as-a-Service (GaaS) platform. The company, led by CEO and Co-founder Michael Cameron, directs its services towards traditional AAA and large-scale gaming companies aiming to transition into the Web3 domain. Game Space provides a comprehensive technical framework and business model support, designed to lower the entry barriers—both in terms of time and capital—for on-chain game development. The company asserts that its solutions can reduce a game's launch time by up to six months and save up to 90% in upfront costs compared to in-house development.
The core of Game Space's offering is a full-featured Software Development Kit (SDK) that simplifies complex on-chain development into a few lines of code, enabling deployment in as little as one day. This SDK is compatible with various game engines and supports multichain deployment across networks like BNB Chain, Ethereum, Solana, and Polygon, allowing gaming companies to publish their titles on multiple public chains simultaneously. A key feature is the embeddable NFT exchange engine, which allows users to transact non-fungible tokens directly within the game environment, eliminating the need for third-party marketplaces. The platform also includes an enterprise administration panel for managing NFT distributions through methods such as mystery boxes, airdrops, and auctions.
Founded with a vision to bridge the gap between traditional gaming and the burgeoning GameFi sector, Game Space announced its GaaS platform in April 2022. The venture secured over $7 million in an initial financing round and later announced a subsequent round of over $10 million, which valued the company at $100 million. These funds are allocated towards the ongoing development of the platform, including enhancements to the NFT exchange engine, multichain deployment capabilities, and the development of gaming DAO components. To demonstrate its platform's capabilities, Game Space launched its own game, "Merge Bird," which it developed and brought on-chain in just seven days, attracting over 15,000 players within a week.
Source: Dealroom company dataAt a glance
- Founded
- 2021
- Headquarters
- Singapore, Singapore
- Sector
- Other B2B Software
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