GameCentric Levels Up with US$1.5M Angel Investment, Targets Global Gaming Domination
GameCentric, the region's newest gaming platform, has successfully raised USD 1.5 Million in capital from Dubai-based Angel Investor, Bilal Merchant. The platform launched on December 1st, 2023, immediately after the successful funding round.
This funding positions GameCentric to elevate its platform features, expanding its reach beyond the GCC & MENA region, with a goal to change the gaming experience for players globally.
The angel investment opportunity arose from GameCentric's clear and compelling vision, executed with precision by its founder, Saad Khan, a veteran in the gaming industry. Saad Khan, the CEO of GameCentric, expressed his vision, stating, "Our aspiration is not just to be a gaming platform but a cultural phenomenon transcending borders. Collaboration with industry leaders, community-driven programs, and an unwavering commitment to providing the best user experience drive all of our future initiatives."
In line with its vision, GameCentric plans to integrate technologies, transitioning into a web3 digitally native platform. This includes incorporating digital assets play, including cryptocurrencies, by 2025, aiming to provide consumers with distinct and unparalleled gaming experiences.
As part of its launch, GameCentric has partnered with POWReSports, a brand activation and influencer management agency in KSA. This collaboration will boost GameCentric's gamer acquisition, solidifying its ecosystem offering across the regional gaming landscape.
The platform is gearing up for growth and market expansion over the next two years. GameCentric aims to triple its user base across the region and more than double its array of game titles, covering both web2 and web3 genres. With the MENA region projected to have 88 million gamers by 2026, this initiative opens up a diverse spectrum of opportunities for brands innovative customer engagement tactics.
Bilal Merchant, an experienced businessman/investor, stated, "GameCentric’s visionary strategy in seamlessly connecting brands with gamers, coupled with their unwavering commitment to integrating cutting-edge technologies such as crypto and Web3, has left an indelible impression on me."
Supporting GameCentric's endeavours are industry heavyweights, including LIV, UAE’s first & largest digital bank powered by Emirates NBD. LIV recognises GameCentric's potential to deliver on banking & financial education objectives through gaming, underscoring the credibility and innovation the platform brings to the gaming community.
The platform is set to undergo enhancements overseen by expert crypto advisors, focusing on innovation. New features will include a loyalty program centred on a Web3 wallet and GameCentric tokens, aiming to deliver enhanced user value.
GameCentric aims to be a platform where gamers can earn, learn, and engage as part of a diverse global community. As the platform evolves into a Web3 environment, users will have the opportunity to become token owners, marking a shift in the gaming experience.
This angel investment acts as a catalyst for GameCentric's ambitious growth strategy, facilitating future fundraising rounds and establishing the platform as a force in the global gaming scene. Future initiatives include collaborations with game publishers and the development of community-driven programs to strengthen engagement on the platform. Additionally, GameCentric is focused on building a strong B2B2C brand engagement play, boosting long-term brand loyalty through differentiated customer offerings.
