Forge, a gaming platform focused on rewarding gamers by playing games, has officially announced that they have successfully raised $11 million in a seed round led by Animoca Brands, BITKRAFT Ventures, and Makers Fund.

Funding Details

The funding will be used for developing what they describe as “the first video game platform that connects and rewards gamers for their gaming achievements.” This platform launched into beta on October 18th, the same day in which the new financing was announced.

Next to the leading investors, other participants of this funding round include HaskKey Capital, Polygon Ventures, Formless Capital, and Adaverse. The existing investors are Riot Games, Sony Innovation Fund, Krafton, and Griffin Gaming Partners, with the platform welcoming the following angel investors: YouTube founder Steve Chen, Twitch founders Emmett Shear and Kevin Lin, Riot Games founder Marc Merrill, ESL founder Ralf Reichart, Krafton CEO CH Kim, former Discord CMO Eros Resmini (The Mini Fund), TSM founder Dan Dinh, and Kabam founders Kevin Chou and Holly Liu.

Carlos Pereira, Partner at BITKRAFT Ventures, said the following in the official press release:

“At BITKRAFT, we are firm believers in Dennis Fong, Kun Gao, George Ng, and their vision to allow gamers to aggregate their gaming life and achievements into a single profile, and earn rewards based on their participation. What sets Forge apart is its unique flywheel approach, starting with carefully curated games and questing incentives to support community growth. This strategy creates an enriched user experience, driving more traffic to the platform and attracting games, studios, and publishers to join, resulting in a diverse selection of high-quality games expertly curated by Forge. Forge is not just a platform; it's a catalyst for the next generation of player engagement and community growth."

About Forge

Forge is a gaming platform that allows players to earn rewards from partnered games by completing various quests. It originally started off as an AI-powered game moderation platform launched in 2020 and founded by gaming pioneer Dennis “Thresh” Fong, Crunchyroll founder Kun Gao, and Cyence founder George Ng. From this project within GGWP emerged a new company on a mission to “help gamers unlock the value of their gaming profiles and be rewarded for their contributions to gaming communities.”

In the press release, Forge co-founder Kun Gao said:

“We wanted to create a platform that finally rewards gamers for being who they are, through their profile and history as a gamer, through their passion, engagement, and community participation. We feel very strongly that players should be able to control their gaming life. While Forge is just now entering beta, we already have an incredible lineup of dozens of games and partners who are looking to grow with us by giving gamers something special for joining their community.”

Forge has partnered with The Sandbox, Genopets, Mojo Melee, Pixelmon, Portal Fantasy and Rushdown Revolt for the launch week of the beta version of the platform. New games are set to be introduced every week throughout this beta period open publicly for anyone to sign up to. By taking part in this beta stage, you will have a chance of getting a limited edition founders badge that is set to unlock “special features in the Forge community and on the Forge service.”