The Game Company challenges Nvidia and Amazon: raised $10M to develop the next bull cloud gaming infrastructure

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The Game Company, a blockchain-based company headquartered in Dubai, has just announced that it has raised 10 million dollars in its latest funding round. The money will be committed to building the next decentralized cloud gaming platform, competing with tech giants Nvidia and Amazon.

There are already 500,000 players on the waiting list ready to test the new cloud gaming infrastructure powered by AI technology.

Let’s see all the details below.

The Game Company announces a $10M funding round to challenge Nvidia and Amazon in decentralized cloud gaming

The Game Company (TGC), a company located in the United Arab Emirates, has been developing a decentralized cloud gaming infrastructure for about two years, supported by AI and blockchain.

From today, it will have an extra gear thanks to the latest funding round collected, from which a whopping 10 million dollars to invest in its own gaming ecosystem have been extracted

The financing was led by Telcoin, BullPerks, and Singularity DAO, as well as by NodeMarket, which participated with an OTC investment.

In April 2023 TGC had obtained 5 million dollars as initial development funds, with a post-money valuation of 40 million dollars.

The gaming platform that TGC is building has been designed to be used for any PC or console game, on any device anywhere in the world.

Thanks to its patented low-latency technology, it can host games in the cloud like Call of Duty, Fortnite, Rocket League, and many others, without specific hardware, software, or download requirements.

Consider that currently TGC has access to 1,300 titles from Steam, Playstation, and Microsoft Store, thanks to its cloud versatility and its integration with AI.

The company has already tested its alpha infrastructure based on blockchain in over 33 regions worldwide, recording excellent initial numbers in the Tests conducted in Dubai.

In total, there have been 43,000 registrations, with over 41,000 on-chain transactions and over 10,000 new unique wallets created on the blockchain in just under 48 hours.

Waiting for the promising gaming solution to be released, over 500,000 users have signed up on the waiting list to be the first to test the new product.

Cloud gaming: The Game Company competes with GeForce Now by Nvidia and Luna by Amazon

After the latest funding round, The Game Company aims to compete with other leading infrastructures in the cloud gaming sector such as Nvidia and Amazon.

The two listed companies of the “magnificent 6” respectively present the GeForce Now and Luna platforms, widely known and appreciated by gamers around the world.

TGC, despite being smaller than Nvidia and Amazon, stands out thanks to its low-latency decentralized technology and its lag-free gameplay.

The competitive advantage lies in the integration of blockchain technology, which provides an ideal support for hosting next-generation web3 gaming.

On this subject, the CEO and co-founder Osman Masud intervened, stating the following in a press release:

“Our patented proprietary technology allows us to compete in the sector with the power of blockchain, making it easy for anyone, anywhere in the world, to play PC or console games without delays through cloud gaming.”

Playing with TGC, users can leverage the security and low-latency efficiency of the network on any device that has an internet connection.

Furthermore, players will be able to earn GMRT tokens (cryptocurrency not yet launched on the markets) by fueling a distributed economy GameFi.

The resources can be converted into fiat currency or used within the ecosystem to obtain benefits and contribute with staking.

Strategic collaboration between The Game Company and Aethir

It is important to highlight that in September 2024, The Game Company announced a strategic collaboration with Aethir, a provider of decentralized GPU-based computing infrastructure.

This partnership aims to increase the scalability of the gaming platform, significantly improving the efficiency, accessibility, and performance of cloud gaming services.

With Aethir’s GPU-as-a-service model, TGC is well positioned to meet the growing demands of modern gaming and artificial intelligence applications, making high-performance computing accessible to a larger number of users.

The company has also joined the Google and Microsoft Startup programs to leverage their infrastructure and resources for the upcoming product launch.

While Nvidia remains the major competitor in the GPU sector, TGC is challenging the rules of the game with a completely revolutionary and innovative solution.

In a recent note, Toufi Saliba, author of Toda/IP and CEO of HyperCycle, expressed his enthusiasm for the upcoming launch of the cloud gaming platform:

“We are excited and eagerly anticipate the execution and development of the TGC business as we believe that the value they add to global intelligence is necessary while they continue to improve the efficiency of online video games, enabling an untapped market that suffers from slow networks.”

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Coming soon the crypto GMRT: the token of the TGC gaming ecosystem

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As anticipated by The Game Company, in Q1 2025 the GMRT token will be launched, a utility resource that can be used in the TGC ecosystem.

The currency will be essential to access the myriad of supported games, and to participate in the competitions organized by the community.

Additionally, GMRT acts as an economic incentive for users who wish to earn game rewards in the GameFi style.

In addition, the cryptocurrency will have staking and governance functions, allowing holders to vote on important decisions regarding the development and future directions of the project.

At this moment there is an IDO taking place on the BullPerks platform (one of the financiers of TGC), which will close in 2 days.

Anyone can participate by purchasing the GMRT token at the base price of 0.06 USD per unit, depositing USDT on the platform on the Base network.

The minimum allocation for the IDO is 72 USDT while the maximum is 3498 USDT, in order to give equal opportunities to all users.

The maximum supply of the currency is set at 1 billion tokens, with 106 million available as circulating supply. 15% of the total GMRT tokens will be distributed to participants through a vesting program, distributed linearly over a period of 7 months.

Up to today, 278 million GMRT tokens have been purchased for a value of 16,700 dollars, with 5.57% of the “Deal Progress.”

Attention to the potential initial volatility of GMRT: usually all gaming tokens have a difficult life and tend to underperform the crypto benchmarks.