Dubai - Sharikat Mubasher: The UAE-based gametech platform PlaysOut secured $7 million in a seed funding round led by OKX Ventures, with participation from KBW Ventures and Pacific Century Group.
In a recent statement, PlaysOut revealed that it will use the investment to expand its mini-game ecosystem, foster strategic partnerships, and enhance its market presence.
This funding represents a significant milestone for PlaysOut as it positions the platform for growth and innovation in the mini-game sector, leveraging blockchain technology to create a unique and engaging experience for developers and users.
With the support of OKX Ventures, KBW Ventures, and Pacific Century Group, PlaysOut is well-equipped to achieve its goals and establish itself as a leader in the mini-game industry.
PlaysOut is designed to assist developers in releasing mini-games on popular platforms such as Telegram, Discord, and YouTube. It integrates blockchain features and infrastructure, providing a seamless experience for developers and users alike.
The platform is gearing up to launch an embedded SDK in May, which is expected to streamline the process of integrating mini-games with blockchain technology.
