MegaFans operates a mobile esports marketing platform built around a community using blockchain, cryptocurrency and NFTs in a play-to-earn, gamified environment. The platform supports pools that scale as community participation grows and awards virtual tokens that can be exchanged for other cryptocurrencies, NFTs, gift cards or cash. MegaFans licenses a white‑label solution for mobile game publishers and developers to increase monetization and retention by enriching players’ experiences. The company says its environment encompasses where 2.8 billion daily active users play, compete and win prizes. MegaFans joined the Launchpool Labs incubator in September and is receiving strategic and technical support to grow its global gaming community. The company intends to use the new funding to accelerate growth and expand operations. MegaFans is a San Diego-area mobile eSports platform company that built an integrated software solution enabling mobile games to offer competitive eSports tournaments. The platform is designed to increase player retention and monetization by creating a more inclusive competitive experience for mobile gamers. MegaFans currently owns 15 game titles and offers tournaments and events to the global mobile gaming audience. The company cites a total addressable audience of 2.5 billion mobile gamers/daily active users worldwide. Funds from the recent financing will be used to expand and scale MegaFans’ footprint and user base, continue development of the eSports platform, and add new games and tournaments. The company is led by founder and CEO Jeffrey Donnelley.

Total raised

$2M

Funding rounds

3

Latest round

Seed

Latest activity

Nov 2021