In a remarkable display of enthusiasm and demand, GameOn (CSE: GET) (OTCQB: GMETF), a pioneering fantasy sports company at the forefront of the Web3 revolution, has announced the sellout success of its highly anticipated LALIGA War Chest. Within a mere 24 hours of its release on OpenSea and Arbitrum, all 3,500 War Chests were snapped up by eager enthusiasts and investors alike, marking a significant milestone for the company and underscoring the fervent interest in its innovative offerings.

Responding Swiftly to Challenges

Despite facing challenges such as soaring Ethereum gas prices reaching a three-year high and unprecedented inflows of BTC, GameOn's agile and responsive approach ensured a seamless and successful launch. The team swiftly pivoted to relaunch on Arbitrum just 24 hours later, effectively navigating obstacles and maintaining momentum throughout the process.

Matt Bailey, CEO at GameOn, expressed pride in the team's ability to execute under pressure, emphasizing their unwavering commitment to delivering cutting-edge fantasy gaming experiences in collaboration with the world's premier sports leagues.

Fostering Growth and Expansion

With the sellout success of the LALIGA War Chest, GameOn's focus now shifts towards further enhancing the GameOn LALIGA platform through player avatar mints and the imminent release of the fantasy game. Additionally, the company is set to introduce $GAME in partnership with Sportsology and announce exciting new collaborations with major league partners, further solidifying its position as a leader in the Web3 gaming space.

Unprecedented Community Engagement

The overwhelming response to the GameOn LALIGA War Chest is a testament to the robust community and widespread anticipation surrounding GameOn's initiatives. The platform's recent debut on social media garnered over 200,000 video views and attracted a community exceeding 100,000 across various channels, including X, Discord, email, and waitlist registrations, underscoring the immense interest in GameOn's offerings.

Strategic Partnerships and Future Prospects

GameOn's strategic partnerships and collaborations continue to drive innovation and growth within the industry. The company recently announced a grant from Arbitrum, a leading Layer 2 scaling solution for Ethereum, with plans for the launch of $GAME on Arbitrum in Q2. These developments, coupled with a series of successful game token launches, position GameOn for continued success and expansion in the dynamic world of Web3 gaming.

Financial Update

In addition to its operational achievements, GameOn also provided an update on its financial activities, including an amending agreement with Proje Ventures Inc. regarding a loan agreement. The extension of the loan maturity date and repayment terms reflects the company's proactive approach to financial management and underscores its commitment to long-term sustainability and growth.

Conclusion

The sellout success of the GameOn LALIGA War Chest represents a significant milestone for the company, highlighting its ability to innovate, adapt, and thrive in a rapidly evolving market landscape. As GameOn continues to push the boundaries of fantasy sports gaming and expand its global reach, investors and enthusiasts can look forward to a future filled with groundbreaking experiences and unparalleled opportunities in the Web3 gaming space.

View release: https://news.gameon.app/news/post?postId=7AiCDi30IuxfzL2yuapo6K