Cloud-gaming service provider The Game Company has announced its token generation event on popular cryptocurrency exchanges Gate.io and MEXC, as the news comes shortly after the project announced its recent involvement with Telcoin. The company has also closed $10M in oversubscribed funding rounds led by Telcoin and its CEO Paul Neuner, Bullperks, Singularity DAO as well as through Nodemarket and more.
To celebrate the TGC listing, Gate.io will host a $50,000 airdrop event from 11th Feb 2025 to 13th Feb 2025, allowing users to participate in challenges to win GMRT tokens at launch. TGC is also hosting other airdrop events with MEXC, where participants can complete social media and referral tasks to earn more GMRT.
Hosted on the Base network, GMRT Token is the rewards token that also powers the TGC ecosystem, as the company states its use for in-game revenue, transactions, tournaments, and other competition fees, as well as staking and more.
Earlier this year, the company announced itself to be part of Google’s and Microsoft’s startup for founders programs – which it said marked a significant milestone in its progress. As a cloud gaming service provider, TGC provides access to over 1,300 game titles from Playstation, Xbox, PC, and more – titles such as Fortnite, Call of Duty, Rocket League, etc – that users can access from any device, anywhere, as long as they have a stable internet connection. Although the public platform release date has not been announced yet, CEO and co-founder Osman Masud said that the public launch should follow “shortly after the token generation event.”
The company also claims to have its platform alpha tested in over 33 regions worldwide, with its latest UAE testing seeing over 43,000 sign-ups, with more than 41,000 on-chain transactions, and over 10,000 new unique wallets created on the blockchain in just under 48 hours.
While the company competes with legacy cloud-gaming providers such as NVidia, Amazon and Google, CEO Osman claims their “proprietary low latency technology allows 100% lag-free gaming unlike most competitors, with the additional layer of blockchain technology to enable users to get more out of their gaming experiences.” The upcoming token launch aims to be the central transacting currency for all upcoming competitive events within the platform.
“We’re delighted to see the overwhelming support from Gate.io and MEXC, two well-known centralized exchanges in anticipation of our token launch, a utility and rewards token that will go a long way with everyone involved in the TGC ecosystem and beyond,” says Osman.
Gate.io startup also communicated this development in an official blog post on 1st Feb 2025 and shared the news on X about its upcoming $50,000 GMRT listing prize pool to celebrate TGC upcoming listing. According to the official blog, they announced special events starting from 11th Feb 2025, 8 AM UTC till 13th Feb 2025, 4 AM UTC. Interested users can register for these events through Gate.io or MEXC.
About The Game Company
The Game Company (TGC) is a Dubai-based pioneer in gaming technology, combining proprietary innovations with strategic partnerships to deliver seamless, ultra-low latency gaming experiences. By integrating blockchain and AI, TGC aims to revolutionize how games are played and monetized globally. TGC successfully raised pre-seed funding, enabling the platform to be alpha-tested in more than 33 regions worldwide.
Alpha testing in UAE in 2024 saw more than 43,000 sign-ups with over 41,000 on-chain transactions, exceeding 10,000 wallets created in just under 48 hours. TGC owns a proprietary low-latency technology, allowing it to host over 1,300 titles from Steam, Epic Battlenet, and more through its cloud-based infrastructure on any device with a stable internet connection.
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PR Desk