Inaugural ‘Arc8 GameFest’ with prize pool worth ~US$120,000 launches on Web3 mobile platform Arc8
Animoca Brands’ subsidiary GAMEE rolls out its largest-ever gaming event on Arc8, offering a mix of tokens and NFTs from partners including HOOKED, REVV Motorsport, Crypto Unicorns
9 November 2023 - GAMEE, the leading arcade gaming studio and a subsidiary of Animoca Brands, has announced its most ambitious gaming event to date: Arc8 GameFest, scheduled to be held on 16-30 November 2023. Arc8 GameFest is an NFT-gated mobile game tournament that boasts a total prize pool worth approximately US$120,000, comprising both tokens and highly sought NFTs from the event’s sponsors and partners. Interested players are invited to mint a GameFest Pass on OpenSea to access the event.
Following the Arc8 League: Season 0 held this past July, Arc8 GameFest offers players a larger game tournament with an increased prize pool and a wider list of partners ranging from other Animoca Brands portfolio companies and projects to major gaming projects and international gaming communities.
Leading the contributions to the prize pool are Hooked Protocol, Crypto Unicorns, and REVV Motorsport. Other partners of Arc8 GameFest have contributed into the prize pool and have committed to enhance Arc8 GameFest’s engagement and reach. One of these partners is Mocaverse, Animoca Brands’ marquee NFT project, which has returned to support Arc8 GameFest, following the Into the Mocaverse campaign earlier this year. Other gaming partners include ForestKnight, Wanderers, Anichess, Highstreet, BoomLand, Unstoppable Domains, KDArena, and Benji Bananas. Community and media partners that are amplifying the reach of the event include W3GG, Avocado DAO, Blockbeats, and Aki Network, which are instrumental to engaging with regional audiences, particularly in the Asia-Pacific region.
Arc8 GameFest is a major initiative by GAMEE as part of its commitment to make onboarding to Web3 gaming easier and to reward gameplay. From now until 13 November, prospective Arc8 GameFest participants can visit the Arc8 GameFest listing on OpenSea to mint their exclusive GameFest Pass, which allows players to play and compete in Arc8 GameFest for the many prizes provided by the event’s partners.
GAMEE aims to bridge the gap between traditional mobile gaming and decentralized gaming through its easy, one-click Web3 onboarding system. To maximize accessibility, the Arc8 GameFest Pass is obtainable through both traditional fiat currency and Ether (ETH) at 0.008 ETH (about US$15) or equivalent on OpenSea. In-game boosts and consumables may be purchased using fiat currency or GMEE, the native utility token of Arc8. In addition, Beasties NFTs, Arc8’s utility-providing in-app NFT characters, will grant holders a multiplier to daily rewards earned during GameFest.
One new addition to Arc8 GameFest is the Elite Arcade gaming zone, to which US$20,000 of the total Arc8 GameFest prize pool has been dedicated. Access to the Elite Arcade is exclusively for holders of multiple GameFest Passes, allowing them to increase their opportunities to win prizes.
Arc8 is a blockchain gaming mobile app from GAMEE, a subsidiary of Animoca Brands. Arc8 provides a leading mobile gaming platform that revolutionises the gaming experience by offering several thrilling games that allow players to compete for various rewards. With the recent introduction of mintable Beasties, the platform takes Web3 gaming to the next level, combining competitive casual gaming and Web3 technology. Get updates by following @Arc8App on Twitter.
GAMEE is a high-engagement, play-to-earn mobile gaming platform that rewards players for their skill and effort. GAMEE, a subsidiary of Animoca Brands, was founded in 2015 in the Czech Republic and has 40 million registered users and served over 8.1 billion gameplay sessions. Find out more on www.gamee.com or get updates by following @GAMEEtoken on Twitter.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help to establish the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the worlds of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, Be., PIXELYNX, WePlay Media, and Gryfyn. Animoca Brands is one of the most active investors in Web3, with a portfolio of over 400 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, Alien Worlds, and many more. For more information visit www.animocabrands.com or follow on Twitter or Facebook.