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Banger raises €10M to become first gaming aggregator

Banger raises €10M to become first gaming aggregator
Daniela Kirova
Feb 16, 2022, 10:00 AM
  • Technical integrations helping to see Banger Games vision come to life include Polygon, IBM, Chainlink
  • Gamers can compete, challenge themselves, earn, trade and enjoy their gaming experience
  • Notable investors in the funding round are Avalanche, Shima Capital, G20, and LucidBlue Ventures

Banger Games, a startup set to open new possibilities for empowering gamers, has raised €10 million to become the first gaming hub to aggregate gaming experiences, inform, and organize. At the same time, it adds a second layer of rewards based on in-game and community objectives.

One shared currency

Banger Games wants to free gamers by establishing a shared currency and economy. Gamers can compete, challenge themselves, earn, trade and enjoy their gaming experience to its fullest.

Borja Villalobos, CEO at Banger Games, commented:

Investors include Avalanche, Squares Capital, G20

Among the notable investors in the round are Avalanche (AVAX/USD), Shima Capital, G20, LucidBlue Ventures, Belobaba Fund, GSR, Flori Ventures, Poolz Ventures, Squares Capital, BigCoin Capital, CSP DAO, Halvings Capital, and OIG Capital.  

Strict ticket limits to avoid centralized control

The funding round set strict ticket size limits to avoid domination by a whale investor. Banger Games wants to develop a community-led project, which would be undermined by a single group of investors having the majority of the influence.

Automated tournaments via Polygon tech integration

Banger will feature automated SMART tournaments, which smart contracts execute. They have been testing a closed-beta on CS;GO, which is extremely popular. It will also include in-game achievements, Battle Pass, an anti-cheat client built with IBM, and P2P cloud gaming. These will allow gamers to share their unused processing power.

Polygon (MATIC/USD) is among the investors in Banger. Jaynti Kanani, Co-Founder of Polygon said:

Charlie Hu of LucidBlue Ventures added: