GameOn Raises $1.7M in Funding for Fantasy Sports Platform and Major League IP Acquisition

June 15 (Cointime) - Vancouver-based fantasy sports platform provider GameOn has secured $1.7m in funding from a series of convertible notes led by Lightning Capital and a non-dilutive grant from the Flow Ecosystem Fund. The investment will be used to accelerate the PLAYN3XT platform and acquire major league IP partners.

GameOn partners with sports, media and entertainment IPs to create web3 games that engage, retain and monetise audiences, and has launched products for NBCUniversal, Bravo, Karate Combat, Times Internet, the WNBA, DICK'S Sporting Goods and Gaming Society. CEO Matt Bailey leads the company.

Flow $0.73

+5.51%

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