GameFi investors and why you should know them
GameFi projects usually announce their investors, but are they all important to the project and are large investments a guarantee of success? Now let’s dot the I’s and cross the T’s.
Investors’ role in the project
We already had an article about how to avoid getting into a scam project. In this article, we told you about one important aspect you should pay attention to when choosing a GameFi project — to read about investors. So why is it so important?
Aside from money, investors help with networking early on. They help the project reach other companies, partnerships, Influencers, and funds, allowing it to develop faster and focus on marketing; help it connect with exchanges and launchpads.
So from good investors and an active team (who don’t just want to take all the money and run away, but want to do something really worthwhile) you can expect good results.
It happens that new projects do not quite understand how to develop, where to conduct IDO, how to properly build tokenomics, and so on. In this case, investment funds also come to the rescue.
For example, Binance Labs has its own launchpad and fund. And if Binance Labs invests a decent amount of money in the project, it is certain that the project will not be left without decent support.
How good is an investment fund?
As you browse the GameFi project website, you often see investors at the very bottom of the page, but how do you know if they are any good?
If you are not at all familiar with investment funds, I suggest you read this table, in which investors are arranged in descending order of “attractiveness”.
However, one large fund in a project is not enough. A good project usually has at least two, but even this is not a guarantee of success.
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A ranking based on various stats, such as market capitalization, can be found on the Cryptorank website. In addition, you can learn more about the investor and see what projects they have already invested in.
The portfolio, which is usually presented on the website, can also be helpful in determining how good a fund is. In the portfolio you can see what projects the fund has invested in and what is currently happening with them.
It happens that GameFi-project developers may provide false information about investors on their website. Therefore, it is important to check its reliability both on the official website of the fund, its social networks and on Cryptorank.
The most successful investment funds:
Sequioa Capital
Invested in projects such as:
- StepN;
- Galaxy Fight Club;
- League of Kingdoms;
- Ethlas;
- Ultiverse.
Binance Labs
Invested in projects such as:
- Axie Infinity;
- The Sandbox;
- MOBOX;
- Alien Worlds;
- Ultiverse.
Animoca Brands
Invested in projects such as:
- Axie Infinity;
- Decentraland;
- The Sandbox;
- MOBOX;
- Splinterlands.
Alameda Research
Invested in projects such as:
- Sidus Heroes;
- Star Atlas;
- Genopets;
- Aurory;
- Heroes of Mavia.
Investors are an important component of the project, and if you look at the various top GameFi-projects, they all have good support. However, good funds do not guarantee a project’s success. For example, two large funds — Binance Labs and Animoca Brands — invested in Alien Worlds, but, despite this, the project has been developing for a very long time and shows no signs of exciting gameplay. And if you look at the other side of the coin — the lack of big investors does not guarantee failure, so always do your own analysis.
You can always ask questions and share your experiences in our chat room.
