GEMS is an Esports 3.0 aggregator platform that integrates GameFi, Metaverse and SocialFi through a unique O2O (online-to-offline) ecosystem. Its product is positioned as a one-stop GameFi destination enabling crypto and esports gamers to learn, connect and immerse across online and offline touchpoints. The company says it partners with more than 80 blockchain and esports companies and counts LABS Group and Arena Esports Hotel among its founding partners. GEMS plans aggressive global expansion with a primary focus in Asia and intends to list on top launchpads in the coming months to recruit early adopters. Financially, GEMS is pursuing a token raise and has secured additional capital commitments to accelerate product development and user acquisition. GEMS is an Esports 3.0 aggregator platform that combines GameFi, Esports, Metaverse and SocialFi to create an online-to-offline (O2O) gaming ecosystem. The platform planned a Q2 2022 launch and raised 5,000,000 USDT, securing support from 30+ venture capital firms and 45+ ecosystem and solution partners. GEMS reports having outreached 800K+ users and names over 32 VCs among its backers, including OIG, Gain Associates, Crypto Vietnam, Kenzo Ventures and Plutus.vc. Its O2O strategy pairs an online platform with an offline hotel network across Asia (Southeast Asia initial focus) and a stated goal to establish 50 hotel touchpoints within three years. The company outlines five core business pillars — including an NFT Marketplace and DeFi Union, a FanFi Studio, a DAO Guild and a Play-to-Earn Arena — with payment and loan models intended to lower NFT entry barriers. GEMS highlights alliances with LABS Group, Arena Esports Hotel and Game One Inc. as part of its strategic support and is headquartered in Seychelles.

Total raised

$55M

Funding rounds

2

Latest round

Equity

Latest activity

May 2022