Gate Ventures Backs Japanese Web3 Gaming Innovator double jump.tokyo

Gate Ventures Invests in double jump.tokyo

Gate Ventures is making waves in the blockchain and gaming industries with its recent investment in double jump.tokyo Inc., a leader in Web3 gaming based in Japan. This strategic move is part of a substantial $10 million funding round that was led by SBI Investment. This investment signifies more than just financial backing; it embodies a strong commitment to promote the growth of blockchain technology and the broader Web3 gaming ecosystem worldwide.

Funding Round Details

The initial closing of this funding round marked a significant milestone for double jump.tokyo’s Series D efforts. The round saw participation from notable industry giants such as Sony Group Corporation, Taisu Ventures, and Kitadenshi Inc. This financial boost will be crucial for accelerating the advancement of blockchain games and improving blockchain infrastructure, areas where double jump.tokyo has already established a strong reputation.

A History of Innovation

Since its inception in 2018, double jump.tokyo has consistently led the charge in developing blockchain games. The company gained recognition for its popular title “My Crypto Heroes,” showcasing its innovative game development strategies. By forming key partnerships with major gaming firms, double jump.tokyo has crafted a solid blockchain infrastructure that positions it at the forefront of the Web3 gaming revolution.

Comments from Gate Ventures

Kevin Yang, the Managing Partner at Gate Ventures, expressed his excitement about this partnership: "Our commitment to Web3 gaming has never been stronger. We believe that double jump.tokyo is exceptionally positioned for success, thanks to its visionary talent, vast IP resources, and solid engineering skills. Their leadership team has showcased remarkable passion for the future of Web3 gaming."

Future Prospects

The collaboration promises to empower double jump.tokyo, expanding its innovative strides in blockchain gaming and infrastructure. The goal is to elevate the global Web3 gaming industry, unlocking new opportunities for all stakeholders involved.

Hironobu Ueno, CEO and Founder of double jump.tokyo, conveyed his optimism regarding the future. He mentioned that this funding round reflects their ongoing success in the blockchain gaming sector, particularly in collaborative developments utilizing strong IPs. Ueno emphasized that these funds would primarily be directed towards developing blockchain games in collaboration with leading game companies and enhancing their current blockchain infrastructure.

Investment Focus and Utilization

The infusion of capital will significantly enhance double jump.tokyo’s ability to recruit top talent, build organizational capacity, and further invest in joint blockchain game development. These initiatives are anticipated to drive mass adoption of Web3 technologies specifically within the gaming industry.

About Gate Ventures and double jump.tokyo Inc.

Gate Ventures serves as the venture capital division of Gate.io, which stands among the top cryptocurrency exchanges globally. Its mission is to invest in groundbreaking projects within the blockchain and Web3 landscapes, supporting visionary entrepreneurs driving innovation. Meanwhile, double jump.tokyo has secured a leading role in Japan's blockchain game sector since its founding, dedicated to collaborating with major companies to integrate blockchain technology into contemporary gaming experiences.

Contact Information

Gate Ventures: Elaine Wang, elaine.w (at) gate.io

double jump.tokyo: Natsune Otsuki, marketing (at) doublejump.tokyo

Frequently Asked Questions

1. What is the significance of Gate Ventures' investment in double jump.tokyo?

This investment underscores Gate Ventures’ commitment to advancing Web3 gaming and blockchain technology on a global scale.

2. Who participated in the funding round for double jump.tokyo?

Notable participants include SBI Investment, Sony Group Corporation, Taisu Ventures, and Kitadenshi Inc.

3. What will the funds from this investment be used for?

The funds will primarily be allocated for joint development of blockchain games and enhancing the blockchain infrastructure.

4. What is double jump.tokyo known for?

double jump.tokyo is recognized for its pioneering work in blockchain game development, including popular titles like “My Crypto Heroes.”

5. What role does Gate Ventures play in the cryptocurrency sector?

Gate Ventures invests in innovative projects within the blockchain and Web3 ecosystems, aiming to foster technological advancements in various industries.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.