Tony G Invested in GAMEE

Altcoins Gaming Investment

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CryptoNews Editorial Team

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June 26, 2023 06:55 EDT

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As a founding shareholder of Cryptonews.com, Lithuania-based serial entrepreneur Antanas Guoga, also known as Tony G for his poker acumen, disclosed that he invested an unspecified sum in the GAMEE Token (GMEE) during its USD 2.2m private presale.

GAMEE, a subsidiary of mobile games publisher Animoca Brands, describes itself as a high-engagement hyper-casual gaming platform where users complete game missions, compete in tournaments and earn prizes for their activity. The company, which was founded in 2015 in the Czech Republic, claims it now has 25m registered users.

Other investors into the token also include crypto entrepreneur Vignesh Sundaresan (a.k.a. MetaKovan), known for his historic NFT bet at Christie’s, OKEx’s Block Dream Fund, Mind Fund, Genesis Block, Smile Tech, Summit 33, Longling Capital, AKG Ventures, Everest Ventures, and Leon Tsoukernik, the owner of King’s Casino in Rozvadov, Czech Republic.

GAMEE held a public presale of GMEE on 2 April. The token was listed yesterday on decentralized exchange Uniswap at an opening price of 0.0888 USD. It rallied by more than 640% to almost USD 0.66 before correcting lower. At 09:17 UTC it trades at USD 0.553 and is down by 12.5% in a day. The 24-hour trading volume hit USD 21m, per Coingecko data.
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