Singapore, Singapore, April 15th, 2025, Chainwire
Gomble Games, the blockchain division of mobile gaming studio 111%, is preparing to launch its Token Generation Event (TGE) for $GM, its native token. GOMBLE’s native token will be claimable starting on April 16 at 01:00 UTC, and multiple reputable CEXs and DEXs will list the token in the near future.
The $GM token will serve as a utility asset at the center of the GOMBLE ecosystem, connecting both gamers and game builders. For players, $GM will be used across the platform’s titles for discounted in-game purchases, and can be earned through social interactions in gameplay, including participation in team-based staking pools tied to game outcomes. For builders, $GM enables access to GOMBLE’s onchain SQUAD activity data, supports grant-based funding and marketplace purchases, and is required for partner onboarding, recurring service fees, and marketing activations.
The token will also play a role in platform sustainability, with a buyback and burn mechanism managed by GOMBLE and participating games. Additional features and governance capabilities will be introduced over time to support a more participatory model of game development and community engagement.
To date, GOMBLE has raised $10 million from several investment firms, including Yzi Labs (Binance Labs), Spartan, Hashed, Shima Capital, and Animoca Brands. The platform has a user base of over 3.5 million, with 2.8 million monthly active players. Its social channels—including X, Discord, and Telegram—have drawn more than one million followers.
The platform’s recent Launchpool #3 initiative brought new users and increased engagement on-chain. The campaign generated over 8.6 million completed missions, 360 billion SQUAD Coins deposited, and more than 2.29 million incoming transactions. The platform also saw participation from 653,600 unique wallets and over $300,000 in onchain transaction volume.
“We’re proud to support the launch of its ecosystem and the team,” stated Jun Park, Senior Investor of Hashed. “GOMBLE combines deep experience in traditional gaming with a clear understanding of Web3, executing quickly to grow its ecosystem and engage its community.”
“GOMBLE represents what Web3 gaming should be,” said Lionel Pek, Investor of The Spartan Group. “A player-first ecosystem that rewards engagement, social play, and long-term commitment. Its ability to scale from Web2 success to Web3 innovation makes it one of the most promising projects in the space today.”
Ahead of the token launch, GOMBLE has also introduced an Ecosystem Airdrop Campaign. The campaign will allocate rewards to users across 12 Web3 projects, including Seraph, SuperChamps, and Gods Unchained. Distribution will be based on user activity and token holdings. Users can check their eligibility here.
Traditional gaming systems have long focused on individual metrics—such as high scores, rankings, and time spent in-game. Social dynamics like teamwork and community building have played a central role in how players experience games, but these elements have typically remained unrecognized or unrewarded. GOMBLE addresses this shortfall by introducing an on-chain mechanism that tracks and rewards social interaction, including GOMBLE SQUAD, a dynamic social gaming portal that enhances team-based collaboration. Independent research verifies GOMBLE’s approach, with its portal increasing daily retention by 7%, and new competitive elements boosting the average spending of paid users by approximately 6.7x.
Built on the foundation of 111%, a mobile gaming studio with more than 110 million users globally, GOMBLE’s approach to Web3 gaming builds on familiar design principles while integrating decentralized features. The introduction of Proof of SQUAD (PoSQ), a system for recording and verifying social engagement within games, is central to this model. With PoSQ, players can reflect their in-game contributions beyond individual performance, including roles such as team strategists or community organizers. This offers developers new tools to recognize a broader range of user behavior and interaction.
About GOMBLE Games
Gomble Games began from the blockchain division of 111%, one of the world’s top casual gaming studios. Backed by Yzi Labs(Binance Labs), Animoca Brands, Hashed, and Spartan, Gomble Games has raised $10 million.
They are using their vast experience in mobile casual gaming to develop innovative play-to-earn games for the blockchain and to create a major mobile gaming ecosystem by leveraging the distribution networks of their parent company and their high-quality games.
Contact
Head of Marketing
Hochan Chung
hochan@gomble.io
